Marvell (MRVL) legal chief reports 1,000-share charitable gift and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology, Inc. executive Mark Casper, EVP & Chief Legal Officer, reported a bona fide charitable gift of 1,000 shares of common stock. The donated shares were held indirectly through the Mark J. Casper and Stephanie Casper Revocable Trust for the benefit of his immediate family.
Following the gift, the trust continues to hold 44,907 shares of Marvell common stock, and Casper also holds 471 shares directly, including 237 shares purchased on June 5, 2026 under Marvell’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares gifted
Mixed
2 txns
Insider
Casper Mark
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,907 shares (Indirect, By Trust);
Common Stock — 471 shares (Direct, null)
Footnotes (1)
- The reported disposition represents a bona fide charitable gift made by the Reporting Person. Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee, for the benefit of members of his immediate family. Total holdings includes 237 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.
Key Figures
Charitable gift: 1,000 shares
Indirect holdings after transaction: 44,907 shares
Direct holdings after transaction: 471 shares
+1 more
4 metrics
Charitable gift
1,000 shares
Bona fide gift of Marvell common stock
Indirect holdings after transaction
44,907 shares
Held by revocable trust after the gift
Direct holdings after transaction
471 shares
Directly held by Mark Casper
ESPP purchase
237 shares
Purchased June 5, 2026 under Employee Stock Purchase Plan
Key Terms
bona fide charitable gift, Employee Stock Purchase Plan, revocable trust, indirect ownership
4 terms
bona fide charitable gift financial
"The reported disposition represents a bona fide charitable gift made by the Reporting Person."
Employee Stock Purchase Plan financial
"Total holdings includes 237 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
revocable trust financial
"Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee"
FAQ
What insider transaction did MRVL executive Mark Casper report?
Mark Casper reported a bona fide charitable gift of 1,000 shares of Marvell common stock. The shares were held indirectly through a revocable trust benefiting his immediate family and were transferred without sale proceeds as a charitable disposition.
Was the MRVL insider transaction a sale or a charitable gift?
The reported insider transaction was a bona fide charitable gift, not a sale. The Form 4 uses transaction code G and explicitly states the disposition represents a charitable gift made by the reporting person, so no sale proceeds were received.