Marvell Technology (MRVL) CEO sells 7,500 shares after RSU vesting
Rhea-AI Filing Summary
Matthew J. Murphy, Chairman of the Board and CEO of Marvell Technology, Inc., reported multiple equity compensation-related transactions in Common Stock and Restricted Stock Units on July 15, 2026. He acquired 21,497 shares through the vesting and conversion of Restricted Stock Units.
To cover related obligations, 11,320 shares were surrendered for tax withholding at $206.26 per share, and 7,500 shares were sold in the open market at a weighted average price of $209.52 per share under a pre-arranged 10b5-1 Plan. After these transactions, he directly holds 780,509 Common shares and 20,906 Restricted Stock Units, with remaining units scheduled to vest on various dates from October 15, 2026 through April 15, 2029.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 7,500 shares ($1,571,400)
Net Sell
10 txns
Insider
MURPHY MATTHEW J
Role
Chairman of the Board and CEO
Sold
7,500 shs ($1.57M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,969 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,409 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,119 | $0.00 | -- |
| Sale | Common Stock | 7,500 | $209.52 | $1.57M |
| Exercise | Common Stock | 6,969 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,670 | $206.26 | $757K |
| Exercise | Common Stock | 8,409 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,428 | $206.26 | $913K |
| Exercise | Common Stock | 6,119 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,222 | $206.26 | $665K |
Holdings After Transaction:
Restricted Stock Units — 20,906 shares (Direct);
Common Stock — 780,509 shares (Direct)
Footnotes (1)
- Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices rounded to the nearest cent and ranging from $201.30 to $220.34, 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. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. The remaining Restricted Stock Units shall vest on October 15, 2026, January 15, 2027 and April 15, 2027. The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028. The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028, April 15, 2028, July 15, 2028, October 15, 2028, January 15, 2029 and April 15, 2029.
Key Figures
Open-market sale: 7500 shares
Shares acquired via RSU vesting: 21497 shares
Tax-withholding share surrender: 11320 shares
+4 more
7 metrics
Open-market sale
7500 shares
Common Stock sold on July 15, 2026 at a weighted average of $209.52 per share
Shares acquired via RSU vesting
21497 shares
Total Common shares received from Restricted Stock Unit conversions on July 15, 2026
Tax-withholding share surrender
11320 shares
Shares surrendered to cover tax withholding at $206.26 per share related to RSU vesting
Post-transaction Common Stock holdings
780509 shares
Direct Common Stock ownership after all July 15, 2026 transactions
Remaining Restricted Stock Units
20906 units
RSUs outstanding after conversions, each representing one future Common share upon vesting
Sale price range
$201.30–$220.34 per share
Price range for the 7,500 shares sold on July 15, 2026, reported as a weighted average of $209.52
10b5-1 Plan adoption date
December 16, 2025
Date the CEO adopted the Rule 10b5-1 trading plan used for the 7,500-share sale
Key Terms
10b5-1 Plan, Restricted Stock Unit, tax withholding
3 terms
10b5-1 Plan financial
"Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person"
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding financial
"Surrender of shares in payment of tax withholding due as a result of the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Marvell Technology (MRVL) CEO Matthew Murphy report in this Form 4?
Matthew Murphy reported equity compensation-related transactions on July 15, 2026, including RSU vesting into 21,497 Common shares, related tax-withholding share surrenders, and an open-market sale of 7,500 shares executed under a pre-arranged 10b5-1 trading plan.
What role did tax withholding play in the Marvell (MRVL) CEO’s Form 4?
A total of 11,320 shares of Common Stock were surrendered for tax withholding arising from RSU vesting. These F-code dispositions represent payment of tax liabilities in shares, not open-market sales, and were priced at $206.26 per share for reporting purposes.
What RSU vesting activity did the Marvell (MRVL) CEO report?
The CEO reported RSU conversions (M-code) totaling 21,497 Restricted Stock Units into an equal number of Common shares. After these vestings, 20,906 RSUs remain outstanding, scheduled to vest on multiple dates from October 15, 2026 through April 15, 2029.
What is the significance of the 10b5-1 Plan in Marvell (MRVL) CEO’s stock sale?
The Form 4 notes that the 7,500-share sale was made under a 10b5-1 Plan adopted on December 16, 2025. Such plans pre-schedule trades, indicating the sale’s timing was determined in advance rather than based on contemporaneous market or company developments.