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Marvell (MRVL) CFO logs 47,304-share vesting and tax-related share surrender

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Marvell Technology, Inc.’s Chief Financial Officer reported equity award activity and related tax withholding. On January 15, 2026, 47,304 Performance Stock Units granted on January 15, 2023 converted into 47,304 shares of common stock at an exercise price of $0.00 per share after performance was certified on December 11, 2025.

On the same date, 19,664 shares were surrendered at $80.38 per share to cover tax withholding, leaving the officer with 184,111 shares of common stock held directly. This amendment adds information about the January 15, 2023 performance-based grant that was inadvertently omitted from the earlier Form 4 filed on January 20, 2026.

Positive

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Negative

  • None.
Insider Meintjes Willem A
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Performance Stock Units 47,304 $0.00 --
Exercise Common Stock 47,304 $0.00 --
Tax Withholding Common Stock 19,664 $80.38 $1.58M
Grant/Award Performance Stock Units 47,304 $0.00 --
Holdings After Transaction: Performance Stock Units — 0 shares (Direct); Common Stock — 203,775 shares (Direct)
Footnotes (1)
  1. Surrender of shares in payment of tax withholding due as a result of the vesting of Performance Stock Units. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. Performance based award granted on January 15, 2023 with a 3 year cliff vest. Achievement was certified on December 11, 2025. Grant continued to be subject to service based vesting with a vesting date of January 15, 2026. Reflects the number of shares earned that vested on January 15, 2026 with respect to the above mentioned performance award granted on January 15, 2023 and for which performance was certified on December 11, 2025.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Meintjes Willem A
(Last) (First) (Middle)
5488 MARVELL LANE
(Street)
SANTA CLARA CA 95054
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Marvell Technology, Inc. [ MRVL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/20/2026 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/15/2026 M 47,304 A $0.00 203,775 D
Common Stock 01/15/2026 F(1) 19,664 D $80.38 184,111 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units (2) 12/11/2025 A 47,304 (3) (3) Common Stock 47,304 $0.00 47,304 D
Performance Stock Units (2) 01/15/2026 M 47,304 (4) (4) Common Stock 47,304 $0.00 0 D
Explanation of Responses:
1. Surrender of shares in payment of tax withholding due as a result of the vesting of Performance Stock Units.
2. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
3. Performance based award granted on January 15, 2023 with a 3 year cliff vest. Achievement was certified on December 11, 2025. Grant continued to be subject to service based vesting with a vesting date of January 15, 2026.
4. Reflects the number of shares earned that vested on January 15, 2026 with respect to the above mentioned performance award granted on January 15, 2023 and for which performance was certified on December 11, 2025.
Remarks:
The Form 4 filed on January 20, 2026 is being amended to add information related to a grant made on January 15, 2023 that was inadvertently omitted from that filing.
Willem Meintjes by Blair Walters as Attorney-in-Fact 01/30/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What equity awards did Marvell (MRVL) disclose for its CFO in this Form 4/A?

The filing reports a performance-based award of 47,304 Performance Stock Units granted on January 15, 2023. These units represented a right to receive 47,304 Marvell common shares upon vesting, subject to performance certification and continued service conditions.

When did the Marvell (MRVL) CFO’s Performance Stock Units vest and convert to shares?

Achievement for the performance award was certified on December 11, 2025. The 47,304 Performance Stock Units then vested on January 15, 2026, converting into 47,304 shares of Marvell common stock at an exercise price of zero dollars per share.

How many Marvell (MRVL) shares were surrendered for taxes by the CFO?

The CFO surrendered 19,664 shares of Marvell common stock on January 15, 2026. These shares were used to pay tax withholding arising from the vesting of Performance Stock Units, at a reported price of $80.38 per share.

What is the Marvell (MRVL) CFO’s reported shareholding after these transactions?

After the reported transactions, the CFO beneficially owned 184,111 shares of Marvell common stock directly. This balance reflects the vesting of 47,304 shares and the surrender of 19,664 shares for tax withholding on January 15, 2026.

Why was this Marvell (MRVL) Form 4/A filed as an amendment?

The document amends a Form 4 filed on January 20, 2026. It adds information related to the January 15, 2023 performance-based grant, which had been inadvertently omitted, ensuring the prior insider transaction report is complete and accurate.

What do the Performance Stock Units in this Marvell (MRVL) filing represent?

Each Performance Stock Unit represents a contingent right to receive one share of Marvell common stock upon vesting. Vesting of the reported award depended on both performance certification and service-based conditions through January 15, 2026.