Marvell Technology (NASDAQ: MRVL) CAO nets new shares after RSU vesting
Rhea-AI Filing Summary
Marvell Technology SVP and Chief Accounting Officer Justin Scarpulla had restricted stock units vest on July 15, 2026, delivering 510 shares of common stock. 253 shares were surrendered to cover tax withholding, leaving 413 shares held directly and 5,610 RSUs scheduled to vest through April 15, 2029.
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Insider Trade Summary
Net Buyer: 257 shares
Net Buy
3 txns
Insider
Scarpulla Justin
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 510 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 510 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 253 | $206.26 | $52K |
Holdings After Transaction:
Restricted Stock Units — 5,610 shares (Direct);
Common Stock — 413 shares (Direct)
Footnotes (4)
- F1. Total holdings includes 156 shares purchased on June 5 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.
- F2. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
- F3. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- F4. The remaining Restricted Stock Units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028, April 15, 2028, July 15, 2028, October 15, 2028, January 15, 2029 and April 15, 2029.
Key Figures
RSU shares vested: 510 shares
Shares surrendered for tax withholding: 253 shares
Direct shares held after transactions: 413 shares
+3 more
6 metrics
RSU shares vested
510 shares
Common Stock received from RSU vesting on July 15, 2026
Shares surrendered for tax withholding
253 shares
Surrender of shares in payment of tax withholding due upon RSU vesting
Direct shares held after transactions
413 shares
Total direct Marvell common shares held following July 15, 2026 transactions
Restricted Stock Units remaining
5,610 units
RSUs outstanding after the July 15, 2026 vesting event
ESPP shares included in holdings
156 shares
Shares purchased June 5 under Marvell’s Employee Stock Purchase Plan
Final RSU vesting date
April 15, 2029
Last scheduled vesting date for remaining Restricted Stock Units
Key Terms
Restricted Stock Units, tax withholding, Employee Stock Purchase Plan, derivative security
4 terms
Restricted Stock Units financial
"The remaining Restricted Stock Units shall vest on October 15, 2026..."
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.
tax withholding financial
"Surrender of shares in payment of tax withholding due as a result..."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Employee Stock Purchase Plan financial
"shares purchased on June 5 under Marvell Technology, Inc.'s Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
derivative security financial
"transaction code description: 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Marvell Technology (MRVL) insider Justin Scarpulla report on this Form 4?
Justin Scarpulla reported RSU vesting and related tax withholding. On July 15, 2026, 510 restricted stock units converted into common shares, and 253 of those shares were surrendered to cover tax obligations, with the remainder added to his direct holdings.
How many Marvell (MRVL) restricted stock units does Justin Scarpulla still hold and when do they vest?
After the vesting event, Scarpulla holds 5,610 Restricted Stock Units. According to the schedule, these RSUs vest in installments on dates including October 15, 2026, January 15, 2027 and quarterly thereafter, continuing through April 15, 2029.
What is Justin Scarpulla’s role at Marvell Technology (MRVL)?
Justin Scarpulla serves as Senior Vice President and Chief Accounting Officer of Marvell Technology, Inc. This officer title is disclosed in the Form 4 and indicates senior responsibility for the company’s accounting and financial reporting functions.