Marvell (NASDAQ: MRVL) director receives 1,034 RSUs vesting within a year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Andrews Sara C reported acquisition or exercise transactions in this Form 4 filing.
Marvell Technology, Inc. director Sara C. Andrews reported receiving a grant of 1,034 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Marvell common stock upon vesting.
The award vests in full on the earlier of the company’s next annual meeting of stockholders or the one-year anniversary of the grant date. After this grant, Andrews is reported as holding 1,034 RSUs directly, reflecting a routine equity-based compensation award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andrews Sara C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,034 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,034 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date.
Key Figures
RSUs granted: 1,034 units
Transaction price per unit: $0.0000 per unit
Underlying common shares: 1,034 shares
+1 more
4 metrics
RSUs granted
1,034 units
Restricted stock units granted to director Sara C. Andrews
Transaction price per unit
$0.0000 per unit
Grant price for the 1,034 RSUs
Underlying common shares
1,034 shares
Each RSU equals one share of common stock on vesting
Holdings after transaction
1,034 RSUs
Total restricted stock units reported following grant
Key Terms
Restricted Stock Units, Common Stock, annual meeting of stockholders, Grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
Common Stock financial
"one share of Common Stock of Marvell Technology, Inc. upon vesting"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
annual meeting of stockholders financial
"Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Marvell (MRVL) director Sara C. Andrews report?
Sara C. Andrews reported receiving a grant of 1,034 restricted stock units of Marvell Technology, Inc. These RSUs are a form of equity compensation and do not involve an open-market stock purchase or sale.
How many Marvell (MRVL) restricted stock units were granted in this Form 4?
The Form 4 shows a grant of 1,034 restricted stock units. Each RSU represents a contingent right to receive one share of Marvell common stock if and when the award vests as described.
When do the newly granted Marvell (MRVL) RSUs to Sara C. Andrews vest?
The 1,034 RSUs vest in full on the earlier of Marvell’s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date, according to the filing footnotes.
Does the Marvell (MRVL) Form 4 for Sara C. Andrews involve a stock sale?
No. The Form 4 reports a grant of restricted stock units, coded as an acquisition (A), not an open-market sale. It reflects equity compensation rather than a discretionary buy or sell transaction.
How many Marvell (MRVL) equity awards does Sara C. Andrews hold after this transaction?
Following the grant, the filing reports that Sara C. Andrews holds 1,034 restricted stock units directly. These RSUs convert into an equal number of common shares upon vesting, subject to the award terms.