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.
Sentiment and the balance of points
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Form Type
4
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)
- F1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
- F2. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- 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 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
