Marvell (MRVL) CFO executes 2,250-share open-market stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology, Inc.’s Chief Financial Officer Daniel Durn reported an open-market sale of common stock. He sold 2,250 shares on 2026-06-23 at a weighted average price of $281.01 per share, in multiple trades between $281.00 and $281.10. Following this transaction, he directly owns 6,902 shares of Marvell common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,250 shares ($632,273)
Net Sell
1 txn
Insider
Durn Daniel
Role
Chief Financial Officer
Sold
2,250 shs ($632K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,250 | $281.01 | $632K |
Holdings After Transaction:
Common Stock — 6,902 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,250 shares
Weighted average sale price: $281.01 per share
Price range: $281.00–$281.10 per share
+2 more
5 metrics
Shares sold
2,250 shares
Open-market sale on June 23, 2026
Weighted average sale price
$281.01 per share
Common stock sale on June 23, 2026
Price range
$281.00–$281.10 per share
Range of individual trade prices in the sale
Shares owned after transaction
6,902 shares
Direct ownership following the reported sale
Net shares sold
2,250 shares
Net change in position from this Form 4
Key Terms
open-market sale, weighted average price, Form 4, transaction code "S"
4 terms
open-market sale financial
"The transaction is classified as an open-market sale of common stock."
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 rounded to the nearest cent."
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.
Form 4 regulatory
"within the range set forth in this footnote to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"transaction code "S" indicates a sale in open market or private transaction."
FAQ
What insider transaction did Marvell (MRVL) disclose for CFO Daniel Durn?
Marvell disclosed that CFO Daniel Durn sold 2,250 shares of common stock in an open-market transaction. The sale occurred on June 23, 2026, and was reported on a Form 4 insider trading report filed with regulators.
Was the Marvell (MRVL) CFO’s transaction an open-market sale?
Yes. The Form 4 classifies the transaction as an open-market sale of common stock. The sale used transaction code “S,” which indicates a sale in the open market or a private transaction under SEC reporting rules.
What price range applied to the Marvell (MRVL) CFO’s stock sale?
The weighted average sale price was $281.01 per share, with individual trades executed between $281.00 and $281.10. The footnote states the CFO can provide full trade details at each separate price upon request.