Marvell director exercises RSUs, gets new grant

Marvell Technology, Inc. director Rajiv Ramaswami reported routine equity compensation activity.

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Form Type

Rhea-AI Filing Summary

Marvell Technology, Inc. director Rajiv Ramaswami reported routine equity compensation activity. On June 25, 2026, 3,082 restricted stock units vested in full and were exercised into 3,082 shares of common stock, leaving him with 3,082 common shares directly owned.

On the same date, he also received a new grant of 1,034 restricted stock units, each representing one future share of common stock upon vesting. These 1,034 units vest in full on the earlier of Marvell’s next annual meeting of stockholders or the one-year anniversary of the grant date. No shares were sold in these transactions.

Insider Trade Summary

3,082 shares exercised/converted

Exercise 3 txns

Insider RAMASWAMI RAJIV

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	3,082	$0.00	$0.00
Grant/Award	Restricted Stock Units	1,034	$0.00	$0.00
Exercise	Common Stock	3,082	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 1,034 contracts (Direct); Common Stock — 3,082 shares (Direct)

Footnotes (3)

F1. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
F2. Vested in full on June 25, 2026.
F3. Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date.

Key Figures

RSUs exercised: 3,082 units Common shares held: 3,082 shares New RSU grant: 1,034 units +1 more

4 metrics

RSUs exercised 3,082 units Vested and converted to common stock on June 25, 2026

Common shares held 3,082 shares Direct ownership after RSUs converted

New RSU grant 1,034 units Grant on June 25, 2026 to settle in common stock upon vesting

RSU vesting condition Next annual meeting or one-year anniversary Vesting trigger for 1,034-unit RSU grant

Key Terms

Restricted Stock Units, derivative security, annual meeting of stockholders

3 terms

Restricted Stock Units financial

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

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

"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.

annual meeting of stockholders financial

"Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date."

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/29/2026 - 03:14 PM EDT

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^*

RAMASWAMI RAJIV

(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)
06/25/2026

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)
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	06/25/2026		M		3,082	A	$0	3,082	D

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)
Restricted Stock Units	⁽¹⁾	06/25/2026		M			3,082	⁽²⁾	⁽²⁾	Common Stock	3,082	$0	0	D
Restricted Stock Units	⁽¹⁾	06/25/2026		A		1,034		⁽³⁾	⁽³⁾	Common Stock	1,034	$0	1,034	D

Explanation of Responses:

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

2. Vested in full on June 25, 2026.

3. Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date.

Remarks:

	Rajiv Ramaswami by Blair Walters as Attorney-in-Fact	06/29/2026
	** 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)