Marvell (NASDAQ: MRVL) data center chief logs RSU vesting and tax share surrender

Rhea-AI Filing Summary

Marvell Technology President, Data Center Group, Sandeep Bharathi reported multiple restricted stock unit (RSU) vestings and related tax-withholding share surrenders on January 15, 2026. Several RSU awards converted into common stock at an exercise price of $0, increasing his direct holdings before taxes. To cover tax obligations from these vestings, shares of common stock were surrendered at $80.38 per share, as noted in the explanation of responses.

After the reported transactions, Bharathi directly held 112,380 shares of Marvell common stock. The filing also shows that he continues to hold multiple RSU awards, each representing the right to receive one share of common stock upon vesting, with remaining units scheduled to vest on dates ranging from April 15, 2026 through April 15, 2028.

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

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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^*

Bharathi Sandeep

(Last) (First) (Middle)

5488 MARVELL LANE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

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)
	President, Data Center Group

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/15/2026		M		3,679	A	$0	110,752	D
Common Stock	01/15/2026		F(1)		2,057	D	$80.38	108,695	D
Common Stock	01/15/2026		M		2,462	A	$0	111,157	D
Common Stock	01/15/2026		F(1)		1,297	D	$80.38	109,860	D
Common Stock	01/15/2026		M		3,568	A	$0	113,428	D
Common Stock	01/15/2026		F(1)		1,879	D	$80.38	111,549	D
Common Stock	01/15/2026		M		1,757	A	$0	113,306	D
Common Stock	01/15/2026		F(1)		926	D	$80.38	112,380	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	(2)	01/15/2026		M			3,679	(3)	(3)	Common Stock	3,679	$0	3,680	D
Restricted Stock Units	(2)	01/15/2026		M			2,462	(4)	(4)	Common Stock	2,462	$0	12,312	D
Restricted Stock Units	(2)	01/15/2026		M			3,568	(5)	(5)	Common Stock	3,568	$0	32,106	D
Restricted Stock Units	(2)	01/15/2026		M			1,757	(5)	(5)	Common Stock	1,757	$0	15,813	D

Explanation of Responses:

1. Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units.

2. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.

3. The remaining Restricted Stock Units shall vest on April 15, 2026.

4. The remaining Restricted Stock Units shall vest on April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.

5. The remaining Restricted Stock Units shall vest on April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.

Remarks:

	Sandeep Bharathi by Blair Walters as Attorney-in-Fact	01/20/2026
	** 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.

FAQ

Who is the insider in Marvell (MRVL)'s latest Form 4 filing?

The insider is Sandeep Bharathi, who serves as President, Data Center Group at Marvell Technology, Inc. He filed the Form 4 as a single reporting person.

What transactions did Sandeep Bharathi report in Marvell (MRVL)'s Form 4 on January 15, 2026?

On January 15, 2026, Bharathi reported multiple RSU conversions (code M) into Marvell common stock at an exercise price of $0, and related share surrenders (code F) of common stock at $80.38 per share to cover tax withholding from those RSU vestings.

How many Marvell (MRVL) shares does Sandeep Bharathi hold after the reported Form 4 transactions?

Following the transactions reported on January 15, 2026, Sandeep Bharathi directly owned 112,380 shares of Marvell common stock, as shown in Table I of the filing.

Were the Marvell (MRVL) shares in the Form 4 sold in the open market?

The Form 4 identifies transactions with code F at $80.38 per share and explains they are a surrender of shares in payment of tax withholding due to RSU vesting, rather than discretionary open-market sales.

What do the Restricted Stock Units (RSUs) in the Marvell (MRVL) Form 4 represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Marvell common stock upon vesting, as stated in the explanation of responses.

When will Sandeep Bharathi's remaining Marvell (MRVL) RSUs vest?

The remaining RSUs referenced in the filing are scheduled to vest on multiple dates, including April 15, 2026; July 15, 2026; October 15, 2026; January 15, 2027; April 15, 2027; July 15, 2027; October 15, 2027; January 15, 2028; and April 15, 2028, depending on the specific RSU award.

Is Sandeep Bharathi's ownership in Marvell (MRVL) direct or through another entity?

The Form 4 reports Bharathi's holdings as direct (D) ownership for both common stock and RSUs, and the footnotes do not indicate that the shares are held through a separate entity.