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Marvell (MRVL) awards 6,120 RSUs to SVP, Chief Accounting Officer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Scarpulla Justin reported acquisition or exercise transactions in this Form 4 filing.

Marvell Technology, Inc. granted Senior Vice President and Chief Accounting Officer Justin Scarpulla 6,120 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Marvell common stock upon vesting. The RSUs vest in equal quarterly installments over a three-year period under Marvell’s annual equity grant program.

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Insider Scarpulla Justin
Role SVP, Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 6,120 $0.00 --
Holdings After Transaction: Restricted Stock Units — 6,120 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. The restricted stock units shall vest in equal quarterly installments over a three-year period and were granted pursuant to the annual equity grant program.
RSUs granted 6,120 units Grant to SVP, Chief Accounting Officer
Underlying shares 6,120 shares Common stock deliverable upon vesting
Exercise/Conversion price $0.00 per share Restricted stock units have no exercise price
Total derivative holdings after transaction 6,120 units Restricted stock units held following grant
Vesting period 3 years Equal quarterly installments over three years
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual equity grant program financial
"were granted pursuant to the annual equity grant program"
vest in equal quarterly installments financial
"The restricted stock units shall vest in equal quarterly installments over a three-year period"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
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*
Scarpulla Justin
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/15/2026A6,120 (2) (2)Common Stock6,120$06,120D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
2. The restricted stock units shall vest in equal quarterly installments over a three-year period and were granted pursuant to the annual equity grant program.
Remarks:
Justin Scarpulla by Blair Walters as Attorney-in-Fact04/16/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Marvell (MRVL) report for Justin Scarpulla?

Marvell reported that SVP and Chief Accounting Officer Justin Scarpulla received a grant of 6,120 restricted stock units. These RSUs are a form of equity compensation that convert into common shares as they vest over time.

How many restricted stock units did Justin Scarpulla receive from Marvell (MRVL)?

Justin Scarpulla received 6,120 restricted stock units from Marvell Technology. Each unit represents a right to receive one share of common stock, providing equity-based compensation that aligns his interests with those of the company’s shareholders.

How do the 6,120 RSUs granted by Marvell (MRVL) vest for Justin Scarpulla?

The 6,120 restricted stock units vest in equal quarterly installments over a three-year period. This structure spreads the delivery of shares over time, encouraging longer-term retention and ongoing alignment with Marvell’s performance.

What does each restricted stock unit granted by Marvell (MRVL) to Justin Scarpulla represent?

Each restricted stock unit represents a contingent right to receive one share of Marvell common stock upon vesting. The units have no exercise price and convert into actual shares as vesting conditions are satisfied.

Was Justin Scarpulla’s RSU grant part of a regular Marvell (MRVL) program?

Yes. The filing states that Justin Scarpulla’s restricted stock units were granted pursuant to Marvell’s annual equity grant program, indicating they are part of the company’s recurring equity-based compensation practices for executives.

What is Justin Scarpulla’s reported equity position after this Marvell (MRVL) Form 4 transaction?

Following this transaction, Justin Scarpulla is reported as holding 6,120 restricted stock units. These units, once vested, entitle him to receive an equivalent number of Marvell common shares, strengthening his equity stake in the company.