Marvell (NASDAQ: MRVL) CFO logs RSU vesting, 156,471 shares held
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,822 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,555 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,434 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,552 | $0.00 | -- |
| Exercise | Common Stock | 2,552 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,164 | $80.38 | $94K |
| Exercise | Common Stock | 3,434 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,427 | $80.38 | $115K |
| Exercise | Common Stock | 2,555 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,061 | $80.38 | $85K |
| Exercise | Common Stock | 3,822 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,596 | $80.38 | $128K |
Footnotes (1)
- Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units. 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 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. The remaining Restricted Stock Units shall vest on April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027. The remaining Restricted Stock Units shall vest on April 15, 2026. This award fully vested on January 15, 2026.
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.
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.