Marvell Technology (MRVL) COO details 54,959 PSU vesting, tax share holdings

Q: What insider transaction did Marvell Technology (MRVL) report for Christopher Koopmans?

Marvell Technology reported that President and COO Christopher Koopmans had 54,959 performance stock units vest and settle into an equal number of common shares, with part of the resulting stock used to cover taxes.

Q: How many Marvell Technology (MRVL) shares did Christopher Koopmans acquire and surrender?

Koopmans acquired 54,959 shares of common stock upon vesting of performance stock units and surrendered 27,249 shares at a price of $84.26 per share to satisfy tax withholding.

Q: What are the key terms of the performance stock units reported for MRVL?

Each performance stock unit represents a contingent right to receive one share of Marvell common stock upon vesting. The 54,959 units reflected shares earned at cliff vesting for an award granted on December 15, 2022, after performance metrics were certified on December 11, 2025.

Q: Why were 27,249 MRVL shares disposed of in this Form 4?

The 27,249 shares of Marvell common stock were surrendered as payment of tax withholding due upon the vesting of the performance stock units, rather than as an open-market sale.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Marvell Technology executive Christopher Koopmans, President and COO, reported the vesting and settlement of 54,959 performance stock units into the same number of common shares on December 15, 2025 at an exercise price of $0.

To cover tax withholding from this vesting, 27,249 shares of common stock were surrendered at $84.26 per share. Following these transactions, Koopmans beneficially owned 138,263 shares of Marvell common stock indirectly through the family trust, and the performance award originally granted on December 15, 2022 is now fully settled based on performance metrics certified on December 11, 2025. Total holdings include 1 share purchased under the company's employee stock purchase plan.

Insider Trade Summary

54,959 shares exercised/converted

Mixed 3 txns

Insider Koopmans Chris

Role President and COO

Type	Security	Shares	Price	Value
Exercise	Performance Stock Units	54,959	$0.00	--
Exercise	Common Stock	54,959	$0.00	--
Tax Withholding	Common Stock	27,249	$84.26	$2.30M

Holdings After Transaction: Performance Stock Units — 0 shares (Direct); Common Stock — 165,512 shares (Indirect, By Trust)

Footnotes (1)

Total holdings includes 1 share purchased on December 5, 2025 under Marvell Technology, Inc.'s Employee Stock Purchase Plan. Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust. Surrender of shares in payment of tax withholding due as a result of the vesting of Performance Stock Units. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. Reflects the number of shares earned at cliff vesting with respect to the performance award granted on December 15, 2022. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were certified on December 11, 2025.

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Form 4 Insider Transactions: What Each Field Means →

12/15/2025 - 09:43 PM

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^*

Koopmans Chris

(Last)

(First)

(Middle)

5488 MARVELL LANE

(Street)

SANTA CLARA

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)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/15/2025		M		54,959	A	$0	165,512⁽¹⁾	I	By Trust⁽²⁾
Common Stock	12/15/2025		F⁽³⁾		27,249	D	$84.26	138,263	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Stock Units	⁽⁴⁾	12/15/2025		M			54,959	⁽⁵⁾	⁽⁵⁾	Common Stock	54,959	$0	0	D

Explanation of Responses:

1. Total holdings includes 1 share purchased on December 5, 2025 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.

2. Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.

3. Surrender of shares in payment of tax withholding due as a result of the vesting of Performance Stock Units.

4. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.

5. Reflects the number of shares earned at cliff vesting with respect to the performance award granted on December 15, 2022. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were certified on December 11, 2025.

Remarks:

	Christopher Koopmans by Blair Walters as Attorney-in-Fact	12/15/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Marvell Technology (MRVL) report for Christopher Koopmans?

Marvell Technology reported that President and COO Christopher Koopmans had 54,959 performance stock units vest and settle into an equal number of common shares, with part of the resulting stock used to cover taxes.

How many Marvell Technology (MRVL) shares did Christopher Koopmans acquire and surrender?

Koopmans acquired 54,959 shares of common stock upon vesting of performance stock units and surrendered 27,249 shares at a price of $84.26 per share to satisfy tax withholding.

What are the key terms of the performance stock units reported for MRVL?

Each performance stock unit represents a contingent right to receive one share of Marvell common stock upon vesting. The 54,959 units reflected shares earned at cliff vesting for an award granted on December 15, 2022, after performance metrics were certified on December 11, 2025.

How many Marvell Technology (MRVL) shares does Christopher Koopmans own after this transaction?

After the reported transactions, Koopmans beneficially owned 138,263 shares of Marvell common stock indirectly through the Christopher R. Koopmans and Heather J. Koopmans Family Trust. The total also includes 1 share purchased under Marvell's employee stock purchase plan.

How are Christopher Koopmans' MRVL shares held according to the filing?

The filing states that the reported common stock is held indirectly by the Christopher R. Koopmans and Heather J. Koopmans Family Trust, indicating trust ownership of these Marvell shares.

Why were 27,249 MRVL shares disposed of in this Form 4?

The 27,249 shares of Marvell common stock were surrendered as payment of tax withholding due upon the vesting of the performance stock units, rather than as an open-market sale.