Marvell CAO vests 3,166 RSUs, withholds shares for tax
Marvell Technology, Inc. executive Justin Scarpulla, SVP and Chief Accounting Officer, reported the vesting and settlement of 3,166 Restricted Stock Units into an equal number of shares of common stock on August 15, 2026.
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Rhea-AI Filing Summary
Marvell Technology, Inc. executive Justin Scarpulla, SVP and Chief Accounting Officer, reported the vesting and settlement of 3,166 Restricted Stock Units into an equal number of shares of common stock on August 15, 2026. In connection with this vesting, 1,570 shares of common stock were surrendered at $222.02 per share to cover tax withholding. Following the transaction, Scarpulla holds 9,496 Restricted Stock Units directly, which are scheduled to vest in installments between November 15, 2026 and August 15, 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 3,166 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,166 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,570 | $222.02 | $349K |
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. The remaining Restricted Stock Units shall vest on November 15, 2026, February 15, 2027, May 15, 2027, August 15, 2027, November 15, 2027, February 15, 2028, May 15, 2028, August 15, 2028, November 15, 2028, February 15, 2029, May 15, 2029 and August 15, 2029.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding financial
contingent right financial
Exercise or conversion of derivative security financial
FAQ
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What did MRVL executive Justin Scarpulla report in this Form 4?
What Marvell (MRVL) equity awards does Justin Scarpulla still hold after this Form 4?
Were Justin Scarpulla’s MRVL transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.