Marvell director acquires 3,940 shares via RSU vesting

Marvell Technology, Inc. director Richard P. Wallace reported routine equity compensation activity.

Rhea-AI Filing Summary

Marvell Technology, Inc. director Richard P. Wallace reported routine equity compensation activity. On June 13, 2026, a grant of 3,940 Restricted Stock Units vested in full and was converted into 3,940 shares of Common Stock at an exercise price of $0.00 per share.

Following this RSU conversion, Wallace holds 7,727 shares of Common Stock directly. In addition, 600 shares of Common Stock are held indirectly through the Wallace Family Trust, as disclosed in the filing footnotes.

Insider Trade Summary

3,940 shares exercised/converted

Exercise 3 txns

Insider WALLACE RICHARD P

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,940	$0.00	$0.00
Exercise	Common Stock	3,940	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 7,727 shares (Direct); Common Stock — 600 shares (Indirect, By family trust)

Footnotes (3)

1. F1. Shares held in the Wallace Family Trust.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
3. F3. This restricted stock unit vested in full on June 13, 2026.

Key Figures

RSUs converted: 3,940 shares Exercise price: $0.00 per share Direct holdings after transaction: 7,727 shares +1 more

4 metrics

RSUs converted 3,940 shares Restricted Stock Units vested and converted on June 13, 2026

Exercise price $0.00 per share Conversion of 3,940 Restricted Stock Units to Common Stock

Direct holdings after transaction 7,727 shares Common Stock directly owned by Richard P. Wallace after RSU conversion

Indirect holdings via trust 600 shares Common Stock held by Wallace Family Trust, reported as indirect ownership

Key Terms

Restricted Stock Units, derivative security, indirect, family trust

4 terms

Restricted Stock Units financial

"The security title includes “Restricted Stock Units” with 3,940.0000 units reported."

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.

derivative security financial

"The transaction code description states “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.

indirect financial

"Ownership type for 600 shares is labeled as indirect, with nature of ownership by family trust."

family trust financial

"A footnote explains, “Shares held in the Wallace Family Trust.”"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Marvell Technology (MRVL) report for Richard P. Wallace?

Marvell Technology reported that director Richard P. Wallace acquired shares through an RSU vesting. On June 13, 2026, 3,940 Restricted Stock Units vested and were converted into 3,940 shares of Common Stock at an exercise price of $0.00 per share.

How many Marvell Technology (MRVL) shares does Richard P. Wallace now hold directly?

After the reported Form 4 transactions, Richard P. Wallace directly holds 7,727 shares of Marvell Technology Common Stock. This reflects the addition of 3,940 shares received from the full vesting and conversion of a Restricted Stock Unit award on June 13, 2026.

What is the role of the Wallace Family Trust in the MRVL Form 4 filing?

The filing notes that 600 Marvell Technology Common Stock shares are held by the Wallace Family Trust. These shares are reported as indirect ownership for Richard P. Wallace, with a footnote stating, “Shares held in the Wallace Family Trust,” clarifying the trust’s involvement.

How were the Restricted Stock Units for Marvell Technology (MRVL) structured in this filing?

Each Restricted Stock Unit represents a contingent right to receive one share of Marvell Technology Common Stock upon vesting. In this case, 3,940 RSUs vested in full on June 13, 2026, and were converted into 3,940 shares at an exercise price of $0.00 per share.

Did the Marvell Technology (MRVL) Form 4 show any stock sales by Richard P. Wallace?

The Form 4 does not report any stock sales by Richard P. Wallace. It shows an acquisition via the exercise or conversion of 3,940 Restricted Stock Units into 3,940 shares of Common Stock, with post-transaction direct holdings totaling 7,727 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/15/2026 - 04:15 PM EDT Learn about SEC filing dates

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^*

WALLACE RICHARD P

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/13/2026		M		3,940	A	$0	7,727	D
Common Stock								600	I	By family trust(1)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	06/13/2026		M			3,940	(3)	(3)	Common Stock	3,940	$0	0	D

Explanation of Responses:

1. Shares held in the Wallace Family Trust.

2. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.

3. This restricted stock unit vested in full on June 13, 2026.

Remarks:

	/s/ Richard P. Wallace by Blair Walters as attorney in fact	06/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)