Marvell Technology (MRVL) CFO details PSU vesting, tax withholding

Rhea-AI Filing Summary

Marvell Technology chief financial officer Willem Meintjes reported the vesting of 17,100 performance stock units into shares of common stock on 12/15/2025 at an exercise price of $0. Each unit represented a contingent right to receive one Marvell share, earned after performance metrics for an award granted on 12/15/2022 were certified on 12/11/2025.

On the same date, he disposed of 7,110 shares at $84.26 per share to satisfy tax withholding due from the vesting. After these transactions, he directly owned 149,356 shares of Marvell Technology common stock.

SEC Form 4

FORM 4

UNITED 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

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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^*

Meintjes Willem A

(Last) (First) (Middle)

5488 MARVELL LANE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Marvell Technology, Inc. [ MRVL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/15/2025		M		17,100	A	$0	156,466	D
Common Stock	12/15/2025		F(1)		7,110	D	$84.26	149,356	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(2)	12/15/2025		M			17,100	(3)	(3)	Common Stock	17,100	$0	0	D

Explanation of Responses:

1. Surrender of shares in payment of tax withholding due as a result of the vesting of Performance Stock Units.

2. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.

3. Reflects the number of shares earned at cliff vesting with respect to the performance award granted on December 15, 2022. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were certified on December 11, 2025.

Remarks:

	Willem Meintjes by Blair Walters as Attorney-in-Fact	12/15/2025
	** Signature of Reporting Person	Date
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).
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FAQ

What insider stock transaction did Marvell Technology (MRVL) report for its CFO?

The filing shows that CFO Willem Meintjes had 17,100 performance stock units vest into Marvell Technology common stock on 12/15/2025, and he also disposed of 7,110 shares to cover related tax withholding.

How many Marvell Technology (MRVL) shares did the CFO receive from performance stock units?

The CFO received 17,100 shares of Marvell Technology common stock upon the vesting of performance stock units on 12/15/2025, at an exercise price of $0 per share.

Why did the Marvell Technology (MRVL) CFO dispose of 7,110 shares?

The CFO surrendered 7,110 shares at $84.26 per share as payment of tax withholding due from the vesting of his performance stock units, as described in the explanation of responses.

What is a performance stock unit in this Marvell Technology (MRVL) filing?

Each Performance Stock Unit represents a contingent right to receive one share of Marvell Technology common stock upon vesting, according to the explanation provided.

When were the performance metrics for the Marvell Technology (MRVL) CFO award certified?

The performance metrics for the award that vested were certified on 12/11/2025, and the number of shares earned, 17,100, was determined at that time.

How many Marvell Technology (MRVL) shares does the CFO own after these transactions?

After the vesting and tax-withholding transactions on 12/15/2025, the CFO directly owned 149,356 shares of Marvell Technology common stock.