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Marvell Technology (MRVL) director awarded 1,034 restricted stock units

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

Rhea-AI Filing Summary

WALLACE RICHARD P reported acquisition or exercise transactions in this Form 4 filing.

Marvell Technology, Inc. director Richard P. Wallace received a grant of 1,034 Restricted Stock Units, each representing one share of common stock upon vesting. The award vests in full on the earlier of the company’s next annual stockholder meeting or the one-year anniversary of the grant.

Positive

  • None.

Negative

  • None.
Insider WALLACE RICHARD P
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,034 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,034 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date.
RSU grant size 1,034 units Restricted Stock Units granted to director on 2026-06-25
RSU to share ratio 1 unit : 1 share Each RSU represents one share of common stock upon vesting
Post-grant RSU holdings 1,034 units Total Restricted Stock Units reported following this transaction
Grant price per RSU $0.00 Equity compensation grant with no cash paid by the director
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.
contingent right financial
"represents a contingent right to receive one share of Common Stock"
vesting financial
"represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders"
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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*
WALLACE RICHARD P
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026		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)06/25/2026A1,034 (2) (2)Common Stock1,034$01,034D
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. Vests in full on the earlier of Marvell Technology, Inc.'s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date.
Remarks:
/s/ Richard P. Wallace by Blair Walters as attorney in fact06/29/2026
** 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 Technology (MRVL) report for Richard P. Wallace?

Marvell Technology reported that director Richard P. Wallace received a grant of 1,034 Restricted Stock Units. These RSUs are a form of equity compensation and give him the contingent right to receive the same number of common shares upon vesting.

How many Restricted Stock Units did the Marvell (MRVL) director receive?

The director received 1,034 Restricted Stock Units. Each unit represents a contingent right to receive one share of Marvell Technology common stock once the vesting conditions described in the filing are satisfied according to the grant terms.

When do Richard P. Wallace’s Marvell (MRVL) RSUs vest?

The RSUs vest in full on the earlier of Marvell Technology’s next annual meeting of stockholders or the one-year anniversary of the restricted stock unit grant date. This creates a single cliff vesting event rather than gradual installments.

What does each Marvell (MRVL) Restricted Stock Unit represent for the director?

Each Restricted Stock Unit represents a contingent right to receive one share of Marvell Technology common stock upon vesting. The director does not receive the underlying shares until the vesting date specified in the compensation terms.

Did the Marvell (MRVL) director buy or sell shares in this Form 4 filing?

The director did not buy or sell shares in the market; he received an equity award. The Form 4 records a grant of 1,034 Restricted Stock Units as compensation, classified as an acquisition under the SEC’s transaction code A.