What price did Bharathi Sandeep’s Marvell (MRVL) share sale achieve?

The open-market sale involved 2,231 Marvell common shares at an average price of $299.13 per share. The transaction occurred on June 16, 2026 and was executed pursuant to a pre-arranged Rule 10b5-1 trading plan dated December 4, 2025, indicating it was scheduled in advance.

Marvell (MRVL) data center president sells shares after RSU vest, keeps 55,530

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Marvell Technology, Inc. executive Bharathi Sandeep, President of the Data Center Group, reported a mix of equity compensation events and a modest open‑market sale of common stock. On June 15, 2026, 4,713 restricted stock units converted into the same number of common shares, and 2,482 shares were surrendered to cover tax withholding tied to this vesting. On June 16, 2026, Sandeep sold 2,231 common shares at an average price of $299.13 per share in an open‑market transaction carried out under a pre‑arranged Rule 10b5‑1 trading plan dated December 4, 2025. After these transactions, Sandeep directly holds 55,530 common shares, which includes 331 shares purchased on June 5, 2026 under Marvell’s Employee Stock Purchase Plan. Footnotes indicate additional restricted stock units scheduled to vest on several dates through 2029, providing a continued equity stake.

Insights

Routine RSU vesting with tax withholding and a small pre-planned sale.

The filing shows Bharathi Sandeep converting 4,713 restricted stock units into common stock, with 2,482 shares surrendered to satisfy tax withholding obligations. This is a standard structure for equity compensation rather than a discretionary market trade.

On the following day, Sandeep sold 2,231 shares at $299.13 per share under a pre‑arranged Rule 10b5‑1 Plan. After these moves, Sandeep still holds 55,530 shares directly, indicating the sale represents a relatively small portion of the visible position.

The presence of scheduled RSU vesting dates through 2029 suggests ongoing equity exposure. Overall, the pattern appears routine for executive compensation and liquidity management, with limited standalone impact on the broader investment thesis.

Insider Trade Summary 10b5-1

Net Seller: 2,231 shares ($667,359)

Net Sell 4 txns

Insider Bharathi Sandeep

Role President, Data Center Group

Sold 2,231 shs ($667K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,231	$299.13	$667K
Exercise	Restricted Stock Units	4,713	$0.00	--
Exercise	Common Stock	4,713	$0.00	--
Tax Withholding	Common Stock	2,482	$308.88	$767K

Holdings After Transaction: Common Stock — 55,530 shares (Direct, null); Restricted Stock Units — 28,278 shares (Direct, null)

Footnotes (1)

Total holdings includes 331 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units. Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. The remaining Restricted Stock Units shall vest on December 15, 2026, June 15, 2027, December 15, 2027, June 15, 2028, December 15, 2028 and June 15, 2029.

Key Figures

Open-market sale: 2,231 shares at $299.13/share RSUs converted: 4,713 shares Tax-withholding shares: 2,482 shares at $308.88/share +2 more

5 metrics

Open-market sale 2,231 shares at $299.13/share Common stock sale on June 16, 2026 under Rule 10b5-1 plan

RSUs converted 4,713 shares Restricted stock units converting into common stock on June 15, 2026

Tax-withholding shares 2,482 shares at $308.88/share Shares surrendered to cover tax withholding on June 15, 2026

Post-transaction holdings 55,530 shares Direct Marvell common stock holdings after reported transactions

ESPP purchase 331 shares Shares bought June 5, 2026 under Employee Stock Purchase Plan

Key Terms

Restricted Stock Units, Rule 10b5-1 Plan, Employee Stock Purchase Plan, tax withholding

4 terms

Restricted Stock Units financial

"The remaining Restricted Stock Units shall vest on December 15, 2026, June 15, 2027..."

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.

Rule 10b5-1 Plan regulatory

"Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025."

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

Employee Stock Purchase Plan financial

"331 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

tax withholding financial

"Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units."

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 05:53 PM

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^*

Bharathi Sandeep

(Last)

(First)

(Middle)

5488 MARVELL LANE

(Street)

SANTA CLARA

CALIFORNIA

95054

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	President, Data Center Group

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/15/2026		M		4,713	A	$0	60,243⁽¹⁾	D
Common Stock	06/15/2026		F⁽²⁾		2,482	D	$308.88	57,761	D
Common Stock	06/16/2026		S⁽³⁾		2,231	D	$299.13	55,530	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽⁴⁾	06/15/2026		M			4,713	⁽⁵⁾	⁽⁵⁾	Common Stock	4,713	$0	28,278	D

Explanation of Responses:

1. Total holdings includes 331 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.

2. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.

3. Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025.

4. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.

5. The remaining Restricted Stock Units shall vest on December 15, 2026, June 15, 2027, December 15, 2027, June 15, 2028, December 15, 2028 and June 15, 2029.

Remarks:

	Sandeep Bharathi by Blair Walters as Attorney-in-Fact	06/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Bharathi Sandeep report in Marvell (MRVL) stock?

Bharathi Sandeep reported RSU vesting, related tax withholding, and a small open-market sale. 4,713 restricted stock units converted into common shares, 2,482 shares were surrendered for taxes, and 2,231 shares were sold at $299.13 per share under a Rule 10b5-1 plan.

How many Marvell (MRVL) shares does Bharathi Sandeep hold after these transactions?

After the reported transactions, Bharathi Sandeep directly holds 55,530 Marvell common shares. This total includes 331 shares acquired on June 5, 2026 through Marvell’s Employee Stock Purchase Plan, indicating a continued meaningful equity position following the sale and tax-withholding disposition.

Were Bharathi Sandeep’s Marvell (MRVL) transactions part of a Rule 10b5-1 plan?

Yes. Footnotes state the 2,231-share sale was made under a Rule 10b5-1 Plan dated December 4, 2025. Such plans allow insiders to pre-schedule trades, reducing the significance of trade timing as an indicator of their current view on the stock.

How were taxes handled on Bharathi Sandeep’s Marvell (MRVL) RSU vesting?

To cover tax withholding from the vesting of restricted stock units, 2,482 Marvell shares were surrendered back, rather than sold in the market. This type of tax-withholding disposition is a common, non-discretionary mechanism linked to equity awards vesting for executives.

What future vesting schedule is disclosed for Bharathi Sandeep’s Marvell (MRVL) RSUs?

Footnotes disclose remaining restricted stock units vesting on December 15, 2026, June 15, 2027, December 15, 2027, June 15, 2028, December 15, 2028, and June 15, 2029. These scheduled vesting dates indicate continuing equity-based compensation over several years for the executive.