STOCK TITAN

Marvell (NASDAQ: MRVL) CFO logs RSU vesting, 156,471 shares held

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Marvell Technology Chief Financial Officer Willem Meintjes reported multiple equity transactions on January 15, 2026 tied to restricted stock unit (RSU) vesting. Several RSU awards converted into shares of common stock at an exercise price of $0 per share, increasing his direct common stock holdings with each vesting event.

In connection with these RSU vestings, blocks of common shares were automatically surrendered at a price of $80.38 per share to cover tax withholding obligations, as noted in the footnotes. These tax-related dispositions reduced, but did not eliminate, the incremental shares received from vesting. After all reported transactions, Meintjes directly held 156,471 shares of Marvell common stock. The remaining RSUs are scheduled to vest in tranches through dates extending to April 15, 2028.

Positive

  • None.

Negative

  • None.
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*
Meintjes Willem A

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026
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 01/15/2026 M 2,552 A $0 151,908 D
Common Stock 01/15/2026 F(1) 1,164 D $80.38 150,744 D
Common Stock 01/15/2026 M 3,434 A $0 154,178 D
Common Stock 01/15/2026 F(1) 1,427 D $80.38 152,751 D
Common Stock 01/15/2026 M 2,555 A $0 155,306 D
Common Stock 01/15/2026 F(1) 1,061 D $80.38 154,245 D
Common Stock 01/15/2026 M 3,822 A $0 158,067 D
Common Stock 01/15/2026 F(1) 1,596 D $80.38 156,471 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 01/15/2026 M 3,822 (3) (3) Common Stock 3,822 $0 34,400 D
Restricted Stock Units (2) 01/15/2026 M 2,555 (4) (4) Common Stock 2,555 $0 12,776 D
Restricted Stock Units (2) 01/15/2026 M 3,434 (5) (5) Common Stock 3,434 $0 3,435 D
Restricted Stock Units (2) 01/15/2026 M 2,552 (6) (6) Common Stock 2,552 $0 0 D
Explanation of Responses:
1. Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units.
2. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
3. The remaining Restricted Stock Units shall vest on April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.
4. The remaining Restricted Stock Units shall vest on April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.
5. The remaining Restricted Stock Units shall vest on April 15, 2026.
6. This award fully vested on January 15, 2026.
Remarks:
/s/ Willem Meintjes by Blair Walters as Attorney-in-Fact 01/20/2026
** 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.

FAQ

What insider transactions did Marvell (MRVL) report for its CFO on January 15, 2026?

On January 15, 2026, Marvell Technology Chief Financial Officer Willem Meintjes reported multiple transactions where restricted stock units (RSUs) were converted into common stock at an exercise price of $0 per share, along with related share surrenders to satisfy tax withholding obligations at $80.38 per share.

Did the Marvell (MRVL) CFO sell shares on the open market in this Form 4 filing?

The Form 4 shows dispositions coded as “F,” which the footnotes explain as the surrender of shares to pay tax withholding due upon RSU vesting. These are tax-related share surrenders rather than discretionary open-market sales, and are linked to the vesting of restricted stock units.

How many Marvell (MRVL) shares does CFO Willem Meintjes hold after the reported transactions?

After the reported transactions on January 15, 2026, Willem Meintjes directly beneficially owned 156,471 shares of Marvell Technology common stock, as shown in the post-transaction share balances in Table I.

What are the terms of the Marvell (MRVL) CFO’s restricted stock units mentioned in the Form 4?

The footnotes state that each restricted stock unit represents a contingent right to receive one share of Marvell Technology common stock upon vesting. Several RSU awards were partially converted into shares on January 15, 2026, with additional units remaining outstanding and scheduled to vest on specified future dates.

When will the remaining restricted stock units for the Marvell (MRVL) CFO vest?

The remaining RSUs are scheduled to vest in multiple tranches, including dates such as April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028, as detailed in the explanatory footnotes.

What do the transaction codes M and F mean in the Marvell (MRVL) CFO Form 4?

In this Form 4, code “M” is used for the conversion of restricted stock units into common stock, which occurred at an exercise price of $0 per share. Code “F,” as explained in footnote (1), reflects the surrender of common shares to cover tax withholding obligations arising from the vesting of those RSUs at a price of $80.38 per share.

Marvell Technology Inc

NASDAQ:MRVL

MRVL Rankings

MRVL Latest News

MRVL Latest SEC Filings

MRVL Stock Data

68.24B
844.45M
0.34%
85.71%
3.53%
Semiconductors
Semiconductors & Related Devices
Link
United States
WILMINGTON