Marvell CFO vests 6,469 RSUs, withholds shares

Marvell’s CFO exercised 6,469 RSUs, with 3,408 shares withheld to satisfy tax obligations and 19,408 RSUs remaining outstanding.

Rhea-AI Filing Summary

Marvell Technology, Inc. (MRVL) reported that Chief Financial Officer Daniel Durn exercised restricted stock units on September 15, 2026. He converted 6,469 RSUs into an equal number of shares of common stock, and 3,408 shares were surrendered to cover tax withholding at $221.70 per share. Following the transaction, he held 19,408 restricted stock units directly. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

6,469 shares exercised/converted

Exercise 3 txns

Insider Durn Daniel

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	6,469	$0.00	$0.00
Exercise	Common Stock	6,469	$0.00	$0.00
Tax Withholding	Common Stock F1	3,408	$221.70	$756K

Holdings After Transaction: Restricted Stock Units — 19,408 contracts (Direct); Common Stock — 9,963 shares (Direct)

Footnotes (3)

1. F1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
3. F3. Vests in quarterly installments over one (1) year from the grant date, subject to continued service.

Key Figures

RSUs exercised: 6,469 units Common shares received on exercise: 6,469 shares Shares surrendered for tax withholding: 3,408 shares +2 more

5 metrics

RSUs exercised 6,469 units Restricted stock units converted into common stock on September 15, 2026

Common shares received on exercise 6,469 shares Shares of Marvell Technology common stock from RSU conversion

Shares surrendered for tax withholding 3,408 shares Surrender of shares to pay tax withholding on RSU vesting

Tax withholding price $221.70 per share Price used for shares surrendered for tax withholding

RSUs held after transaction 19,408 units Restricted stock units directly held by the CFO after the exercise

Key Terms

Restricted Stock Units, tax withholding, contingent right, Common Stock

4 terms

Restricted Stock Units financial

"The security title is listed as Restricted Stock Units for the derivative transaction."

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.

tax withholding financial

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

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.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of Common Stock."

Common Stock financial

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

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MRVL’s CFO report on September 15, 2026?

Marvell Technology’s CFO, Daniel Durn, exercised 6,469 restricted stock units, receiving the same number of MRVL common shares. As part of the event, 3,408 shares were surrendered to cover tax withholding obligations at $221.70 per share.

How many MRVL shares were withheld for taxes in the CFO’s Form 4?

The Form 4 reports that 3,408 shares of Marvell Technology common stock were surrendered to satisfy tax withholding arising from the vesting of restricted stock units, at a price of $221.70 per share.

How many restricted stock units does the MRVL CFO hold after this transaction?

After the September 15, 2026 transaction, Chief Financial Officer Daniel Durn held 19,408 restricted stock units of Marvell Technology directly. Each unit represents a contingent right to receive one share of common stock upon vesting.

Were the MRVL CFO’s transactions made under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a trading plan, so no Rule 10b5-1 plan is reported for these transactions.

What is the vesting schedule of the MRVL CFO’s restricted stock units?

The relevant restricted stock units vest in quarterly installments over one year from the grant date, subject to continued service, according to the footnote in the Form 4.

Did the MRVL CFO sell shares on the open market in this Form 4?

The Form 4 does not report any open-market sale. It shows an RSU exercise into 6,469 shares and a withholding of 3,408 shares to pay tax obligations related to vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/16/2026 - 06:46 PM Accepted by SEC EDGAR 09/16/2026 - 06:46 PM Learn about SEC filing dates

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^*

Durn Daniel

(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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2026		M		6,469	A	$0	13,371	D
Common Stock	09/15/2026		F(1)		3,408	D	$221.7	9,963	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)	09/15/2026		M			6,469	(3)	(3)	Common Stock	6,469	$0	19,408	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. Vests in quarterly installments over one (1) year from the grant date, subject to continued service.

Remarks:

	/s/ Daniel Durn by Blair Walters as attorney in fact	09/15/2026
	** 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)