Marvell Technology officer converts 510 stock units
On vesting, 253 common shares were surrendered for tax withholding, and 5,100 restricted stock units remained reported.
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Rhea-AI Filing Summary
Justin Scarpulla, Marvell Technology, Inc.’s SVP, Chief Accounting Officer, reported the exercise or conversion of 510 restricted stock units into 510 common shares on October 15, 2026. He surrendered 253 common shares at $241.24 per share to pay tax withholding due on vesting. His reported restricted stock unit balance following the transaction was 5,100 units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 510 | $0.00 | $0.00 |
| Exercise | Common Stock | 510 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 253 | $241.24 | $61K |
Footnotes (3)
- F1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
- F2. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- F3. The remaining Restricted Stock Units shall vest on January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028, April 15, 2028, July 15, 2028, October 15, 2028, January 15, 2029 and April 15, 2029.
Key Figures
Key Terms
Restricted Stock Units technical
contingent right technical
tax withholding financial
FAQ
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When do Justin Scarpulla’s remaining MRVL restricted stock units vest?
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