Marvell CEO sells 30,000 shares under 10b5-1 plan
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported an open-market sale of 30,000 shares of common stock at a weighted average price of $98.70 per share.
Rhea-AI Filing Summary
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported an open-market sale of 30,000 shares of common stock at a weighted average price of $98.70 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan dated December 16, 2025.
After this transaction, Murphy continues to hold 310,106 shares of Marvell common stock directly. The filing notes that the reported price reflects a weighted average across multiple trades between $97.27 and $100.49 per share.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $98.70 | $2.96M |
Footnotes (2)
- F1. Sales were made pursuant to a 10b5-1 Plan dated December 16, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at rounded prices ranging from $97.27 to $100.49, 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.
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