Marvell Technology (MRVL) insider logs 30,534 PSU vesting and share surrender

Rhea-AI Filing Summary

Marvell Technology, Inc. executive Mark Casper, EVP & Chief Legal Officer, reported the vesting of 30,534 Performance Stock Units into an equal number of common shares on 12/15/2025. These units were granted on December 15, 2022, and the performance results determining the payout were certified on December 11, 2025.

To satisfy tax withholding from this vesting, 15,139 shares of common stock were surrendered at a price of $84.26. After these transactions, Casper directly beneficially owns 24,418 shares of Marvell common stock and indirectly owns 17,163 shares through a family trust.

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

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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^*

Casper Mark

(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)
	EVP & Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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

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	12/15/2025		M		30,534	A	$0	39,557	D
Common Stock	12/15/2025		F(1)		15,139	D	$84.26	24,418	D
Common Stock								17,163	I	By Trust(2)

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	(3)	12/15/2025		M			30,534	(4)	(4)	Common Stock	30,534	$0	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. 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.

3. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.

4. Reflects the number of shares earned at cliff vesting with respect to the performance award granted on December 15, 2022. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were certified on December 11, 2025.

Remarks:

	Mark Casper by Blair Walters as Attorney-in-Fact	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Marvell Technology (MRVL) report for Mark Casper?

Marvell Technology reported that Mark Casper, its EVP & Chief Legal Officer, had 30,534 Performance Stock Units vest on 12/15/2025, converting into an equal number of common shares.

How many Marvell Technology shares were surrendered for taxes in this Form 4?

The filing shows that 15,139 shares of Marvell common stock were surrendered with transaction code F at a price of $84.26 in payment of tax withholding related to the PSU vesting.

What are Mark Caspers Marvell Technology share holdings after the reported transactions?

Following the transactions, Mark Casper beneficially owns 24,418 Marvell common shares directly and 17,163 shares indirectly through the Mark J. Casper and Stephanie Casper Revocable Trust.

What do the Performance Stock Units in the Marvell Technology Form 4 represent?

Each Performance Stock Unit represents a contingent right to receive one share of Marvell Technology common stock upon vesting, as described in the filing.

When was the Marvell Technology performance award granted and when were results certified?

The performance award related to these PSUs was granted on December 15, 2022, and the achievement levels and resulting shares earned were certified on December 11, 2025.

How many Performance Stock Units does Mark Casper hold after this Marvell Technology transaction?

After the reported transaction in Table II, the number of Performance Stock Units beneficially owned is shown as 0, as 30,534 units were converted into common stock.