Marvell (NASDAQ: MRVL) CEO sells 7,500 shares under 10b5-1 plan
Rhea-AI Filing Summary
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported selling 7,500 shares of common stock on August 17, 2026, in an open-market or private transaction at a weighted average price of $236.08 per share, under a Rule 10b5-1 trading plan adopted on December 16, 2025. The shares were sold in multiple trades between $230.44 and $239.66 per share. After these sales, Murphy directly held 783,186 shares of Marvell common stock.
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Insider Trade Summary 10b5-1
Net Seller: 7,500 shares
Net Sell
1 txn
Insider
MURPHY MATTHEW J
Role
Chairman of the Board and CEO
Sold
7,500 shs ($1.77M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 7,500 | $236.08 | $1.77M |
Holdings After Transaction:
Common Stock — 783,186 shares (Direct)
Footnotes (2)
- 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 $230.44 to $239.66, 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.
Key Figures
Shares sold: 7,500 shares
Weighted average sale price: $236.08 per share
Sale price range: $230.44 to $239.66 per share
+2 more
5 metrics
Shares sold
7,500 shares
Common stock sale on August 17, 2026
Weighted average sale price
$236.08 per share
Average price for 7,500 shares sold on August 17, 2026
Sale price range
$230.44 to $239.66 per share
Range of prices for multiple transactions within the reported sale
Shares held after transaction
783,186 shares
Direct holdings of Matthew J. Murphy following the sale
10b5-1 plan adoption date
December 16, 2025
Date Murphy adopted the Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 Plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 Plan regulatory
"Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person"
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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did MRVL CEO Matthew J. Murphy report on this Form 4?
Matthew J. Murphy reported selling 7,500 shares of Marvell Technology, Inc. common stock. The transaction occurred on August 17, 2026 as an open-market or private sale, with a weighted average sale price of $236.08 per share.
Was Matthew J. Murphy’s MRVL stock sale made under a Rule 10b5-1 trading plan?
Yes. The reported sale was made pursuant to a Rule 10b5-1 Plan adopted by Matthew J. Murphy on December 16, 2025. Such pre-arranged trading plans allow insiders to sell shares according to preset instructions.
What type of transaction was reported for MRVL on this insider Form 4 filing?
The filing reports a sale of common stock, coded as “S”, described as a sale in an open market or private transaction. It covers 7,500 shares sold on August 17, 2026, at a weighted average price of $236.08.
AI-generated analysis. How Rhea-AI works. Not financial advice.