Marvell executive sells 44,414 shares in plan
Marvell Technology, Inc. executive Bharathi Sandeep, President of the Data Center Group, reported an open-market sale of 44,414 shares of common stock on March 26, 2026 at a weighted average price of $99.61 per share.
Rhea-AI Filing Summary
Marvell Technology, Inc. executive Bharathi Sandeep, President of the Data Center Group, reported an open-market sale of 44,414 shares of common stock on March 26, 2026 at a weighted average price of $99.61 per share. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan dated December 4, 2025 and executed through multiple transactions at prices ranging from $98.00 to $100.36. Following this transaction and an adjustment for a previously disclosed administrative error in prior reported ownership, Sandeep now directly holds 55,199 shares of Marvell common stock.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 44,414 | $99.61 | $4.42M |
Footnotes (3)
- F1. Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.00 to $100.36, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3. Total holdings has been reduced to reflect an administrative error in the number of shares originally reported as owned at the time of his most recent Form 3 filing.
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