Marvell CEO sells 7,500 shares under 10b5-1 plan
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported an open-market sale of 7,500 shares of common stock at a weighted-average price of $298.76 per share.
Rhea-AI Filing Summary
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported an open-market sale of 7,500 shares of common stock at a weighted-average price of $298.76 per share. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on December 16, 2025.
After this transaction, Murphy directly holds 788,009 shares of Marvell common stock, which includes 362 shares purchased on June 5, 2026 under the company’s Employee Stock Purchase Plan. The shares sold were executed in multiple trades within a price range from $288.97 to $312.71.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $298.76 | $2.24M |
Footnotes (3)
- F1. Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025.
- F2. The price reported is a weighted average price rounded to the nearest cent. These shares were sold in multiple transactions at prices rounded to the nearest cent and ranging from $288.97 to $312.71, 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. Total holdings includes 362 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.
Key Figures
Key Terms
Rule 10b5-1 Plan regulatory
weighted average price financial
Employee Stock Purchase Plan financial
open-market sale financial
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