Marvell (MRVL) Form 4: CLO RSUs vested; 9,022 shares direct
Marvell Technology (MRVL) executive Mark J. Casper, EVP & Chief Legal Officer, reported RSU conversions to common stock and related tax-withholding share surrenders on 10/15/2025.
Rhea-AI Filing Summary
Marvell Technology (MRVL) executive Mark J. Casper, EVP & Chief Legal Officer, reported RSU conversions to common stock and related tax-withholding share surrenders on 10/15/2025. Multiple RSU tranches were converted to common at $0 (codes M), and shares were withheld for taxes at $88.89 per share (code F).
Following these transactions, he held 9,022 shares directly and 17,163 shares indirectly via a trust. Derivative holdings showed 15,290 Restricted Stock Units beneficially owned after the reported transactions. Notes indicate additional RSU vesting dates extending through April 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,520 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 210 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,207 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,394 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,529 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,520 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 754 | $88.89 | $67K |
| Exercise | Common Stock | 210 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 105 | $88.89 | $9K |
| Exercise | Common Stock | 2,207 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,095 | $88.89 | $97K |
| Exercise | Common Stock | 1,394 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 692 | $88.89 | $62K |
| Exercise | Common Stock | 1,529 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 759 | $88.89 | $67K |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units.
- F2. Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- F4. This award fully vested on October 15, 2025.
- F5. The remaining Restricted Stock Units shall vest on January 15, 2026 and April 15, 2026.
- F6. The remaining Restricted Stock Units shall vest on January 15, 2026, April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.
- F7. The remaining Restricted Stock Units shall vest on January 15, 2026, April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027, April 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.
FAQ
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What did MRVL insider Mark J. Casper report on Form 4?
How many RSUs remain beneficially owned after these transactions?
When do the remaining RSUs vest for MRVL's CLO?
What is the insider’s role at Marvell Technology (MRVL)?
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