Marvell exec sells 9,013 shares after RSU vesting
Marvell Technology, Inc. executive Bharathi Sandeep, President of the Data Center Group, exercised restricted stock units on July 15, 2026 to acquire 22,441 shares of Common Stock, surrendering 11,819 shares to cover tax withholding.
Rhea-AI Filing Summary
Marvell Technology, Inc. executive Bharathi Sandeep, President of the Data Center Group, exercised restricted stock units on July 15, 2026 to acquire 22,441 shares of Common Stock, surrendering 11,819 shares to cover tax withholding. On July 16, 2026, Sandeep sold 9,013 shares in an open-market transaction at a weighted-average price of $199.24 per share under a 10b5-1 Plan. Following these transactions, Sandeep directly owns 57,139 shares of Marvell common stock, with additional restricted stock units scheduled to vest on various dates through 2029.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
16 txns
Insider
Bharathi Sandeep
Role
President, Data Center Group
Sold
9,013 shs ($1.80M)
Approx. gross sale proceeds
$1.80M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 9,013 | $199.24 | $1.80M |
| Exercise | Restricted Stock Units F4, F5 | 2,462 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F6 | 3,567 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F6 | 1,757 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F7 | 11,256 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F8 | 3,399 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,462 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,297 | $206.26 | $268K |
| Exercise | Common Stock | 3,567 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,879 | $206.26 | $388K |
| Exercise | Common Stock | 1,757 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 926 | $206.26 | $191K |
| Exercise | Common Stock | 11,256 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 5,927 | $206.26 | $1.22M |
| Exercise | Common Stock | 3,399 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,790 | $206.26 | $369K |
Holdings After Transaction:
Restricted Stock Units — 183,362 contracts (Direct);
Common Stock — 57,139 shares (Direct)
Footnotes (8)
- F1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
- F2. Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025.
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices rounded to the nearest cent ranging from $195.80 to $201.63, 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.
- F4. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- F5. The remaining Restricted Stock Units shall vest on October 15, 2026, January 15, 2027 and April 15, 2027.
- F6. 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.
- F7. The remaining Restricted Stock Units shall vest on July 15, 2027, July 15, 2028 and July 15, 2029.
- F8. 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
Shares sold: 9,013 shares
Sale price: $199.24 per share
Shares acquired via exercises: 22,441 shares
+3 more
6 metrics
Shares sold
9,013 shares
Open-market sale of Common Stock on July 16, 2026
Sale price
$199.24 per share
Weighted-average price for the July 16, 2026 share sale
Shares acquired via exercises
22,441 shares
Common Stock acquired through derivative exercises on July 15, 2026
Shares withheld for taxes
11,819 shares
Surrendered to cover tax withholding from RSU vesting on July 15, 2026
Post-transaction holdings
57,139 shares
Common Stock directly owned after the July 16, 2026 sale
Sale price range
$195.80–$201.63 per share
Range of individual prices within the July 16, 2026 sale
Key Terms
10b5-1 Plan, tax withholding, Restricted Stock Unit, weighted average price, +1 more
5 terms
10b5-1 Plan regulatory
"Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025."
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
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.
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The price reported is a weighted average price for multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
contingent right financial
"represents a contingent right to receive one share of Common Stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock transactions did Marvell Technology (MRVL) executive Bharathi Sandeep report?
Bharathi Sandeep reported exercising restricted stock units to receive 22,441 Common shares on July 15, 2026 and an open-market sale of 9,013 shares on July 16, 2026, plus related share surrenders to cover tax withholding.
Were Bharathi Sandeep’s Marvell (MRVL) stock sales made under a trading plan?
Yes. Footnotes state the 9,013-share sale of Marvell Common Stock was made pursuant to a 10b5-1 Plan dated December 4, 2025, indicating the transactions were pre-arranged rather than discretionary market-timed trades.
What future vesting schedule applies to Bharathi Sandeep’s Marvell (MRVL) RSUs?
Footnotes state that remaining Restricted Stock Units will vest in installments on specified dates, including October 15, 2026, January 15, 2027, July 15, 2027, and further dates extending into 2028 and 2029, subject to the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
