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[Form 4] Marvell Technology, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Marvell Technology, Inc. (MRVL) reported an insider equity transaction by its EVP & Chief Legal Officer, Mark Casper. On 11/15/2025, 2,486 Restricted Stock Units were converted into an equal number of shares of common stock at an exercise price of $0 under transaction code "M". On the same date, 1,233 shares were disposed of at $86.45 under code "F" to cover tax withholding due on the RSU vesting. Following these transactions, Casper directly beneficially owned 10,275 shares of common stock and indirectly owned 17,163 shares through the Mark J. Casper and Stephanie Casper Revocable Trust for the benefit of his immediate family. The RSU award fully vested on November 15, 2025.

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*
Casper Mark

(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)
EVP & Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025
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 11/15/2025 M 2,486 A $0 11,508 D
Common Stock 11/15/2025 F(1) 1,233 D $86.45 10,275 D
Common Stock 17,163 I By Trust(2)
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 (3) 11/15/2025 M 2,486 (4) (4) Common Stock 2,486 $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. 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.
3. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
4. This award fully vested on November 15, 2025.
Remarks:
Mark Casper by Blair Walters as Attorney-in-Fact 11/17/2025
** 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 transaction did MRVL report for Mark Casper?

Marvell Technology, Inc. reported that EVP & Chief Legal Officer Mark Casper converted 2,486 Restricted Stock Units into common stock on 11/15/2025 and disposed of 1,233 shares to satisfy tax withholding.

How many MRVL shares did Mark Casper acquire and at what price?

Mark Casper acquired 2,486 shares of Marvell common stock upon RSU vesting at an exercise price of $0, reflecting the nature of Restricted Stock Units.

Why were 1,233 MRVL shares sold in this Form 4 filing?

The filing states that 1,233 shares were surrendered under transaction code "F" at $86.45 per share as payment of tax withholding due from the vesting of Restricted Stock Units.

How many MRVL shares does Mark Casper own after these transactions?

After the reported transactions, Mark Casper directly beneficially owned 10,275 shares of Marvell common stock and indirectly owned 17,163 shares held by the Mark J. Casper and Stephanie Casper Revocable Trust.

What do the Restricted Stock Units in the MRVL Form 4 represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Marvell common stock upon vesting. The reported RSU award fully vested on November 15, 2025.

What is Mark Casper’s role at Marvell Technology (MRVL)?

In this filing, Mark Casper is identified as an officer of Marvell Technology, Inc., serving as EVP & Chief Legal Officer.

Marvell Technology Inc

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70.11B
858.49M
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3.53%
Semiconductors
Semiconductors & Related Devices
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United States
WILMINGTON