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Marvell (MRVL) director Tudor Brown logs RSU vesting and small tax share surrender

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marvell Technology, Inc. director Tudor Brown reported routine equity compensation activity. On June 13, 2026, a restricted stock unit (RSU) award for 3,940 units vested in full, and each RSU converted into one share of common stock. As part of this vesting, 23 shares of common stock were surrendered at $279.70 per share to cover tax withholding, a non-market disposition described as payment of tax liability. Following these transactions, Brown directly holds 36,206 shares of Marvell common stock. No open-market purchases or sales were reported.

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Insider Brown Tudor
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 3,940 $0.00 --
Exercise Common Stock 3,940 $0.00 --
Tax Withholding Common Stock 23 $279.70 $6K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 36,229 shares (Direct, null)
Footnotes (1)
  1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs"). Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. This RSU vested in full on June 13, 2026.
RSUs vested 3,940 units Restricted stock units vested in full on June 13, 2026
Shares surrendered for tax 23 shares Common stock surrendered to cover tax withholding
Tax withholding reference price $279.70 per share Value assigned to 23 surrendered shares
Shares held after transaction 36,206 shares Common stock directly owned after June 13, 2026 transactions
RSU conversion ratio 1 share per RSU Each RSU converts into one share of common stock
Derivative exercises 3,940 shares exercised Exercise/conversion of RSUs into common stock
Restricted Stock Units financial
"Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs")."
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 of restricted stock units ("RSUs")."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting."
non-derivative financial
"transaction_type: non-derivative"
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SEC Form 4
FORM 4UNITED 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*
Brown Tudor

(Last)(First)(Middle)
5488 MARVELL LANE

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Marvell Technology, Inc. [ MRVL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/13/2026M3,940A$036,229D
Common Stock06/13/2026F(1)23D$279.736,206D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/13/2026M3,940 (3) (3)Common Stock3,940$00D
Explanation of Responses:
1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
2. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
3. This RSU vested in full on June 13, 2026.
Remarks:
Tudor Brown by Blair Walters as Attorney-in-Fact.06/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Marvell (MRVL) director Tudor Brown report in this Form 4?

Tudor Brown reported the vesting of 3,940 restricted stock units that converted into common shares. He also surrendered 23 shares to cover tax withholding obligations related to this vesting, with no open-market buying or selling disclosed.

Did Tudor Brown buy or sell Marvell (MRVL) shares on the open market?

No open-market trades were reported. The Form 4 shows only RSU vesting and 23 shares surrendered to cover tax withholding. This tax-withholding disposition is not treated as a discretionary purchase or sale in the market.

How many Marvell (MRVL) shares did Tudor Brown receive from RSU vesting?

Brown had 3,940 restricted stock units vest in full, each converting into one share of Marvell common stock. This increased his direct equity position, subject only to a small share surrender for tax withholding obligations.

How many Marvell (MRVL) shares were used for tax withholding in this filing?

The filing shows 23 shares of Marvell common stock surrendered at a value of $279.70 per share. According to the footnotes, these shares were used solely to pay tax withholding triggered by the RSU vesting event.

What are Tudor Brown’s Marvell (MRVL) holdings after these transactions?

After the RSU vesting and related tax-withholding share surrender, Tudor Brown directly holds 36,206 shares of Marvell common stock. This post-transaction figure reflects his updated equity ownership reported in the Form 4.

Were any derivative securities left after Tudor Brown’s RSU conversion at Marvell (MRVL)?

The reported RSU award of 3,940 units was fully vested and converted into common stock on June 13, 2026. The derivative summary shows no remaining RSU position from this specific award after the conversion transaction.