Marvell president’s trust sells 10K shares
Marvell Technology, Inc. President and COO Chris Koopmans reported an open-market sale of 10,000 shares of common stock on behalf of a family trust.
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Rhea-AI Filing Summary
Marvell Technology, Inc. President and COO Chris Koopmans reported an open-market sale of 10,000 shares of common stock on behalf of a family trust. The shares were sold at a weighted average price of $162.76 per share under a pre-arranged Rule 10b5-1 trading plan adopted on January 5, 2026. After this transaction, the Christopher R. Koopmans and Heather J. Koopmans Family Trust continued to hold 209,592 shares of Marvell common stock indirectly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $162.76 | $1.63M |
Footnotes (3)
- F1. Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on January 5, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.57 to $164.39, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3. Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
Key Figures
Key Terms
Rule 10b5-1 Plan regulatory
weighted average price financial
Family Trust financial
open-market sale financial
FAQ
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