Marvell (MRVL) CEO Matthew Murphy sells 7,500 shares in planned 10b5-1 trade

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.

Insider Trade Summary 10b5-1

Net Seller: 7,500 shares ($2,240,700)

Net Sell 1 txn

Insider MURPHY MATTHEW J

Role Chairman of the Board and CEO

Sold 7,500 shs ($2.24M)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,500	$298.76	$2.24M

Holdings After Transaction: Common Stock — 788,009 shares (Direct, null)

Footnotes (1)

1. Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025. 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. Total holdings includes 362 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.

Key Figures

Shares sold: 7,500 shares Average sale price: $298.76 per share Post-transaction holdings: 788,009 shares +3 more

6 metrics

Shares sold 7,500 shares Open-market sale of common stock on June 15, 2026

Average sale price $298.76 per share Weighted-average price for the 7,500 shares sold

Post-transaction holdings 788,009 shares Direct holdings after the sale

ESPP purchase 362 shares Shares purchased on June 5, 2026 under ESPP included in holdings

Sale price range $288.97 to $312.71 Range of individual transaction prices for the sold shares

Trading plan adoption date December 16, 2025 Date CEO adopted Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 Plan, weighted average price, Employee Stock Purchase Plan, open-market sale

4 terms

Rule 10b5-1 Plan regulatory

"Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025."

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

weighted average price financial

"The price reported is a weighted average price rounded to the nearest cent."

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.

Employee Stock Purchase Plan financial

"Total holdings includes 362 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

MURPHY MATTHEW J

(Last) (First) (Middle)

5488 MARVELL LANE

(Street)

SANTA CLARA CALIFORNIA 95054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Marvell Technology, Inc. [ MRVL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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

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

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

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	06/15/2026		S(1)		7,500	D	$298.76(2)	788,009(3)	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

Explanation of Responses:

1. Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025.

2. 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.

3. Total holdings includes 362 shares purchased on June 5, 2026 under Marvell Technology, Inc.'s Employee Stock Purchase Plan.

Remarks:

	/s/ Matthew J. Murphy, by Blair Walters as Attorney-in-Fact	06/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Marvell (MRVL) report for its CEO?

Marvell reported that CEO Matthew J. Murphy sold 7,500 shares of common stock in an open-market transaction at a weighted-average price of $298.76 per share. The sale was carried out under a pre-established Rule 10b5-1 trading plan.

How many Marvell (MRVL) shares does the CEO hold after this sale?

After the reported sale, CEO Matthew J. Murphy directly holds 788,009 shares of Marvell common stock. This total includes 362 shares acquired on June 5, 2026 through Marvell’s Employee Stock Purchase Plan, reflecting his ongoing equity stake.

Was the Marvell (MRVL) CEO’s share sale under a 10b5-1 plan?

Yes. The filing states that the CEO’s sales were made pursuant to a Rule 10b5-1 trading plan adopted on December 16, 2025. Such plans pre-schedule trades, making transaction timing less indicative of short-term views on the stock.

At what prices were the Marvell (MRVL) CEO’s shares sold?

The weighted-average sale price was $298.76 per share. The shares were sold in multiple transactions, with individual trade prices rounded to the nearest cent and ranging from $288.97 to $312.71, according to the disclosure language.

Does the Marvell (MRVL) filing mention recent share purchases by the CEO?

Yes. The filing notes that total holdings include 362 shares purchased on June 5, 2026 under Marvell Technology, Inc.’s Employee Stock Purchase Plan, indicating ongoing participation in the company’s employee equity programs.