Marvell (MRVL) director Ramaswami converts 3,082 RSUs and receives 1,034-unit grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,082 shares exercised/converted
Mixed
3 txns
Insider
RAMASWAMI RAJIV
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,082 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,034 | $0.00 | -- |
| Exercise | Common Stock | 3,082 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 3,082 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. Vested in full on June 25, 2026. 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."
