Marvell Technology (MRVL) COO trust sells 10,000 shares in planned trade
Rhea-AI Filing Summary
On August 3, 2026, Marvell Technology, Inc. President and COO Chris Koopmans, through the Christopher R. Koopmans and Heather J. Koopmans Family Trust, sold 10,000 shares of common stock at a weighted average price of $180.50 per share, leaving 227,941 shares held indirectly. The sale was made pursuant to a 10b5-1 Plan adopted on January 5, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Koopmans Chris
Role
President and COO
Sold
10,000 shs ($1.80M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 10,000 | $180.50 | $1.80M |
Holdings After Transaction:
Common Stock — 227,941 shares (Indirect, By Trust)
Footnotes (3)
- F1. Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on January 5, 2026.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.63 to $185.07, 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. Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
Key Figures
Shares sold: 10000.0000 shares
Weighted average sale price: $180.5000 per share
Sale price range: $177.63 to $185.07 per share
+2 more
5 metrics
Shares sold
10000.0000 shares
Common stock sold on August 3, 2026 by family trust
Weighted average sale price
$180.5000 per share
Average price for the 10,000 shares sold
Sale price range
$177.63 to $185.07 per share
Range of prices for multiple transactions included in the sale
Shares held after transaction
227941.0000 shares
Indirect holdings by the Christopher R. Koopmans and Heather J. Koopmans Family Trust after sale
10b5-1 Plan adoption date
January 5, 2026
Date the reporting person adopted the 10b5-1 Plan governing this sale
Key Terms
10b5-1 Plan, weighted average price, indirect, Family Trust
4 terms
10b5-1 Plan regulatory
"Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person"
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.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in 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.
indirect financial
"Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust, reported as indirect"
Family Trust financial
"Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Marvell Technology (MRVL) executive Chris Koopmans report in this Form 4?
Chris Koopmans reported a sale of 10,000 Marvell common shares held indirectly through a family trust. The transaction occurred on August 3, 2026 and was executed under a pre-arranged 10b5-1 Plan adopted on January 5, 2026.
Was Chris Koopmans' August 3, 2026 Marvell (MRVL) stock sale under a 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a 10b5-1 Plan adopted by Chris Koopmans on January 5, 2026. Such plans pre-arrange trading parameters, reducing the informational value of the exact transaction timing for interpreting insider intent.