Marvell (MRVL) legal chief sells 10,000 shares at $135.50
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology EVP & Chief Legal Officer Mark Casper sold 10,000 shares of common stock in an open-market transaction. The sale on April 17, 2026 was executed at a weighted average price of $135.50 per share across trades between $135.00 and $136.00.
After this sale, Casper directly owns 35,878 shares of Marvell common stock. He also has an indirect interest in 10,263 shares held in the Mark J. Casper and Stephanie Casper Revocable Trust, where he serves as trustee for the benefit of his immediate family.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($1,355,000)
Net Sell
2 txns
Insider
Casper Mark
Role
EVP & Chief Legal Officer
Sold
10,000 shs ($1.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $135.50 | $1.35M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,878 shares (Direct, null);
Common Stock — 10,263 shares (Indirect, By Trust)
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at $135.00 and $136.00. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. 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.
Key Figures
Shares sold: 10,000 shares
Average sale price: $135.50 per share
Direct holdings after sale: 35,878 shares
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale on April 17, 2026
Average sale price
$135.50 per share
Weighted average across $135.00–$136.00
Direct holdings after sale
35,878 shares
Common stock held directly by Mark Casper
Indirect trust holdings
10,263 shares
Held in Mark J. Casper and Stephanie Casper Revocable Trust
Transaction date
April 17, 2026
Date of reported insider sale
Key Terms
open-market sale, weighted average price, Revocable Trust, indirect ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 10,000 shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Revocable Trust financial
"Held in the Mark J. Casper and Stephanie Casper Revocable Trust"
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
"ownership_type: "indirect" and nature_of_ownership: "By Trust""
