Marvell COO exercises RSUs, surrenders shares for tax
Marvell Technology, Inc. reports that President and COO Chris Koopmans had Restricted Stock Units vest on July 15, 2026, converting into 21,519 shares of common stock held indirectly through the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
Rhea-AI Filing Summary
Marvell Technology, Inc. reports that President and COO Chris Koopmans had Restricted Stock Units vest on July 15, 2026, converting into 21,519 shares of common stock held indirectly through the Christopher R. Koopmans and Heather J. Koopmans Family Trust. To satisfy related tax obligations, 11,332 shares were surrendered at $206.26 per share as tax withholding, rather than open-market sales. After these compensation-related transactions, the family trust holds 229,073 common shares, and Koopmans continues to hold 8,363 Restricted Stock Units that are scheduled to vest on multiple dates through 2029.
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Insider Trade Summary
21,519 shares exercised/converted
Exercise
12 txns
Insider
Koopmans Chris
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 2,787 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 4,077 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F6 | 11,256 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F7 | 3,399 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,787 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2, F1 | 1,468 | $206.26 | $303K |
| Exercise | Common Stock F1 | 4,077 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2, F1 | 2,147 | $206.26 | $443K |
| Exercise | Common Stock F1 | 11,256 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2, F1 | 5,927 | $206.26 | $1.22M |
| Exercise | Common Stock F1 | 3,399 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2, F1 | 1,790 | $206.26 | $369K |
Holdings After Transaction:
Restricted Stock Units — 175,606 contracts (Direct);
Common Stock — 237,941 shares (Indirect, By Trust)
Footnotes (7)
- F1. Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
- 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 and April 15, 2027.
- F5. 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 and April 15, 2028.
- F6. The remaining Restricted Stock Units shall vest on July 15, 2027, July 15, 2028 and July 15, 2029.
- F7. 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
RSUs vested: 21,519 shares
Shares surrendered for tax: 11,332 shares
Indirect common stock holdings: 229,073 shares
+3 more
6 metrics
RSUs vested
21,519 shares
Restricted Stock Units converted to common stock on July 15, 2026
Shares surrendered for tax
11,332 shares
Shares delivered to cover tax withholding at $206.26 per share
Indirect common stock holdings
229,073 shares
Common shares held by the family trust after the reported transactions
Remaining RSU holdings
8,363 units
Restricted Stock Units held directly after the RSU exercises
Tax withholding price
$206.26 per share
Value applied to surrendered shares used to satisfy tax obligations
Transaction date
July 15, 2026
Date of RSU vesting and related share surrender transactions
Key Terms
Restricted Stock Units, tax withholding, derivative security, indirect ownership
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 of the vesting..."
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.
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.
indirect ownership financial
"ownership_type" : "indirect", nature_of_ownership: "By Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Marvell Technology (MRVL) President and COO Chris Koopmans report?
Chris Koopmans reported RSU vesting that converted into 21,519 common shares, held indirectly through a family trust, and the surrender of 11,332 shares at $206.26 per share to cover tax withholding, with no open-market purchases or sales.
What RSU vesting schedule remains for Chris Koopmans at Marvell Technology (MRVL)?
Footnotes state that Koopmans’ remaining Restricted Stock Units will vest on multiple specified dates from October 15, 2026 through July 15, 2029, providing a staggered schedule of future Marvell common share deliveries.
How many Restricted Stock Units did Chris Koopmans exercise in this Marvell (MRVL) filing?
The filing shows RSU exercises totaling 21,519 units, each unit converting into one share of Marvell common stock. Corresponding common shares were issued to a family trust, while part of the resulting stock was surrendered to cover tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
