Director at Marvell (NASDAQ: MRVL) receives 3,940 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology, Inc. director Rebecca W. House reported the vesting and exercise of restricted stock units into common shares. On June 13, 2026, 3,940 restricted stock units converted into 3,940 shares of common stock at a stated price of $0.0000 per share. Following this compensation-related transaction, she directly holds 6,191 shares of Marvell common stock. The filing shows no open-market purchases or sales; it reflects the full vesting of this restricted stock unit award.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,940 shares exercised/converted
Mixed
2 txns
Insider
House Rebecca W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,940 | $0.00 | -- |
| Exercise | Common Stock | 3,940 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 6,191 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. This restricted stock unit vested in full on June 13, 2026.
Key Figures
RSUs exercised: 3,940 units
Shares acquired: 3,940 shares
Price per share: $0.0000 per share
+2 more
5 metrics
RSUs exercised
3,940 units
Restricted stock units vested and converted on June 13, 2026
Shares acquired
3,940 shares
Common stock received from RSU conversion on June 13, 2026
Price per share
$0.0000 per share
Stated transaction price for the RSU-to-share conversion
Post-transaction holdings
6,191 shares
Direct ownership of Marvell common stock after the transaction
Exercise transactions
1 transaction
Exercise or conversion of derivative security recorded in summary
Key Terms
Restricted Stock Units, derivative security, Common Stock, vesting
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"This restricted stock unit vested in full on June 13, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Marvell (MRVL) director Rebecca House report?
Rebecca W. House reported the vesting and exercise of restricted stock units into common shares of Marvell. On June 13, 2026, 3,940 restricted stock units converted into 3,940 shares of common stock as part of her equity compensation, with no open-market trade involved.
What are Rebecca House’s Marvell (MRVL) holdings after this transaction?
After the transaction, Rebecca W. House directly holds 6,191 shares of Marvell common stock. The Form 4 shows this updated ownership figure following the full vesting and conversion of 3,940 restricted stock units into an equivalent number of common shares.
Was this Marvell (MRVL) Form 4 a stock purchase or sale?
The Form 4 reports neither an open-market purchase nor a sale. It records a derivative exercise, where 3,940 restricted stock units vested and converted into 3,940 shares of common stock as compensation, at a stated price of $0.0000 per unit and share.
What does the restricted stock unit vesting mean for Marvell (MRVL) director compensation?
The vesting shows a portion of director compensation paid in equity rather than cash. On June 13, 2026, a restricted stock unit award vested in full, delivering 3,940 Marvell common shares to Rebecca W. House under the company’s stock-based compensation program.