Marvell CEO sells 7,500 shares at $223 avg
Marvell’s CEO reported a Rule 10b5-1 planned sale of 7,500 shares, retaining 775,686 shares afterward.
Rhea-AI Filing Summary
Marvell Technology, Inc. (MRVL) reported that Chairman and CEO Matthew J. Murphy sold 7,500 shares of common stock on September 15, 2026 in an open-market or private transaction. The sale was made under a Rule 10b5-1 trading plan adopted on December 16, 2025, and left him holding 775,686 shares directly.
The reported per-share price of $223.39 is a weighted average; the shares were sold in multiple trades at prices ranging from $221.09 to $227.18, rounded to the nearest cent.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 7,500 shares
Net Sell
1 txn
Insider
MURPHY MATTHEW J
Role
Chairman of the Board and CEO
Sold
7,500 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 7,500 | $223.39 | $1.68M |
Holdings After Transaction:
Common Stock — 775,686 shares (Direct)
Footnotes (2)
- F1. Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025.
- F2. The price reported is a weighted average price rounded to the nearest cent. These shares were sold in multiple transactions at prices rounded to the nearest cent and ranging from $221.09 to $227.18, 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.
Key Figures
Shares sold: 7,500 shares
Weighted average sale price: $223.39 per share
Sale price range: $221.09–$227.18 per share
+2 more
5 metrics
Shares sold
7,500 shares
Sale of Marvell common stock on September 15, 2026
Weighted average sale price
$223.39 per share
Weighted average price for the 7,500 shares sold
Sale price range
$221.09–$227.18 per share
Range of prices for individual trades in the reported sale
Shares owned after transaction
775,686 shares
Direct holdings of Matthew J. Murphy after the sale
10b5-1 plan adoption date
December 16, 2025
Date Matthew J. Murphy adopted the Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 Plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 Plan regulatory
"Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported is a weighted average price rounded to the nearest cent"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MRVL report for CEO Matthew J. Murphy?
Marvell reported that CEO Matthew J. Murphy sold 7,500 shares of common stock on September 15, 2026 in an open-market or private transaction, leaving him with 775,686 shares held directly after the sale.
Was the MRVL insider sale by Matthew J. Murphy under a Rule 10b5-1 plan?
Yes. The filing states the sales were made pursuant to a Rule 10b5-1 Plan adopted by Matthew J. Murphy on December 16, 2025, and the document-level Rule 10b5-1 checkbox is marked as affirmed.
What security was involved in Matthew J. Murphy’s MRVL Form 4 transaction?
The Form 4 reports a transaction in Marvell Technology, Inc. common stock. It discloses a sale of 7,500 common shares at a weighted average price with a specified trading range.
AI-generated analysis. How Rhea-AI works. Not financial advice.