Marvell (MRVL) director Marachel Knight gains 3,940 shares as RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology director Marachel Knight reported routine equity compensation activity. On June 13, 2026, a grant of 3,940 restricted stock units fully vested and was settled into 3,940 shares of Common Stock held directly. Each restricted stock unit represented a right to receive one share upon vesting.
Knight is also reported as indirectly owning 22,964 shares of Common Stock as of the same date through the Marachel L. Knight Revocable Living Trust, where she is sole trustee and beneficiary. The filing does not show any open‑market buys or sells, indicating a standard vesting and exercise event rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,940 shares exercised/converted
Mixed
3 txns
Insider
Knight Marachel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,940 | $0.00 | -- |
| Exercise | Common Stock | 3,940 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 3,940 shares (Direct, null);
Common Stock — 22,964 shares (Indirect, By Trust)
Footnotes (1)
- Shares held in the Marachel L. Knight Revocable Living Trust, DTD March 8, 2016, of which the Reporting person is the sole beneficiary and sole trustee. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. This restricted stock unit vested in full on June 13, 2026.
Key Figures
RSUs vested: 3,940 units
Shares acquired from RSUs: 3,940 shares
RSU conversion price: $0.00 per share
+4 more
7 metrics
RSUs vested
3,940 units
Restricted stock units vested in full on June 13, 2026
Shares acquired from RSUs
3,940 shares
Common Stock received upon RSU vesting, direct ownership
RSU conversion price
$0.00 per share
Exercise/conversion price for restricted stock units
Indirect shares via trust
22,964 shares
Common Stock held in Marachel L. Knight Revocable Living Trust
Direct shares after transaction
3,940 shares
Total Common Stock directly held following RSU vesting
Total associated shares
26,904 shares
Sum of direct and trust-held Marvell common shares
Transaction date
June 13, 2026
Date RSUs vested and holdings were reported
Key Terms
Restricted Stock Units, Revocable Living Trust, derivative exercise/conversion, indirect ownership
4 terms
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.
Revocable Living Trust financial
"Shares held in the Marachel L. Knight Revocable Living Trust, DTD March 8, 2016"
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for the restricted stock unit transaction"
indirect ownership financial
"total_shares_following_transaction 22964.0000, direct_or_indirect: I, nature_of_ownership: By Trust"
FAQ
What insider transaction did Marvell (MRVL) director Marachel Knight report?
Marachel Knight reported the vesting and settlement of 3,940 restricted stock units into 3,940 shares of Marvell common stock. This is a routine equity compensation event, not an open-market purchase or sale, and reflects previously granted awards becoming fully vested.
Were there any open-market buys or sells in Marachel Knight’s Marvell (MRVL) Form 4?
The Form 4 does not show any open-market purchases or sales. It records a derivative exercise where restricted stock units vested into common shares, plus a separate holding entry for shares held through a revocable trust, indicating routine compensation and ownership reporting.
What does the restricted stock unit award represent for Marvell (MRVL) director Marachel Knight?
Each restricted stock unit represents a contingent right to receive one share of Marvell common stock upon vesting. In this filing, 3,940 units vested in full on June 13, 2026, converting into 3,940 common shares held directly as part of Knight’s equity compensation.