Marvell Technology CAO settles RSUs, withholds shares

Marvell Technology SVP and Chief Accounting Officer Justin Scarpulla had restricted stock units vest on July 15, 2026, delivering 510 shares of common stock.

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.

Insider Trade Summary

510 shares exercised/converted

Exercise 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 contracts (Direct); Common Stock — 413 shares (Direct)

Footnotes (4)

1. F1. Total holdings includes 156 shares purchased on June 5 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.
2. F2. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
3. F3. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
4. 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.

FAQ

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

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 MRVL shares vested for Justin Scarpulla on July 15, 2026?

On July 15, 2026, 510 restricted stock units vested for Justin Scarpulla. Each RSU represents a contingent right to receive one share of Marvell common stock, so the vesting delivered 510 common shares before any shares were surrendered for tax withholding.

How many Marvell (MRVL) shares were withheld for Justin Scarpulla’s taxes and were they market sales?

A total of 253 shares were surrendered for tax withholding. The filing describes this as a surrender of shares in payment of tax withholding due upon RSU vesting, rather than an open-market sale, and uses Form 4 code F for this tax-withholding disposition.

What are Justin Scarpulla’s direct MRVL share holdings after these transactions?

Following the July 15, 2026 transactions, Justin Scarpulla directly holds 413 shares of Marvell common stock. A footnote states this total includes 156 shares previously purchased on June 5 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.

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.

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

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Accepted by SEC EDGAR 07/16/2026 - 06:37 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^*

Scarpulla Justin

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

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	07/15/2026		M		510	A	$0	666(1)	D
Common Stock	07/15/2026		F(2)		253	D	$206.26	413	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	07/15/2026		M			510	(4)	(4)	Common Stock	510	$0	5,610	D

Explanation of Responses:

1. Total holdings includes 156 shares purchased on June 5 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.

2. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.

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

4. 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.

Remarks:

	Justin Scarpulla by Blair Walters as Attorney-in-Fact	07/16/2026
	** 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)