Marvell EVP sells 17,854 shares in open market
Marvell Technology EVP & Chief Legal Officer Mark Casper reported open-market sales of company stock.
Rhea-AI Filing Summary
Marvell Technology EVP & Chief Legal Officer Mark Casper reported open-market sales of company stock. On April 1, he sold 7,000 shares of common stock at a weighted average price of $105.11 per share. On April 2, he sold 10,854 shares at a weighted average price of $107.01 per share.
After these transactions, Casper directly held 4,023 shares of Marvell common stock. In addition, 17,163 shares were held indirectly through the Mark J. Casper and Stephanie Casper Revocable Trust for the benefit of his immediate family.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,854 shares
Net Sell
3 txns
Insider
Casper Mark
Role
EVP & Chief Legal Officer
Sold
17,854 shs ($1.90M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,854 | $107.01 | $1.16M |
| Sale | Common Stock | 7,000 | $105.11 | $736K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,023 shares (Direct);
Common Stock — 17,163 shares (Indirect, By Trust)
Footnotes (3)
- F1. The sale price of the shares of Common Stock reflects rounding to the nearest cent.
- F2. The price reported is a weighted average price rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $107.00 to $107.01, 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.
- F3. Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
Key Figures
Shares sold April 1: 7,000 shares at $105.11
Shares sold April 2: 10,854 shares at $107.01
Total shares sold: 17,854 shares
+3 more
6 metrics
Shares sold April 1
7,000 shares at $105.11
Open-market sale of common stock on April 1, 2026
Shares sold April 2
10,854 shares at $107.01
Open-market sale of common stock on April 2, 2026
Total shares sold
17,854 shares
Aggregate of April 1 and April 2 open-market sales
Direct holdings after trades
4,023 shares
Marvell common stock held directly after April 2 sale
Indirect trust holdings
17,163 shares
Held by Mark J. Casper and Stephanie Casper Revocable Trust
Combined direct and indirect holdings
21,186 shares
Sum of direct holdings and trust holdings after reported trades
Key Terms
open-market sale, weighted average price, Revocable Trust, Form 4, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
Revocable Trust financial
"Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Form 4 regulatory
"within the range set forth in this footnote to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Marvell (MRVL) executive Mark Casper report?
Mark Casper reported selling a total of 17,854 Marvell common shares in two open-market transactions. He sold 7,000 shares on April 1 at $105.11 and 10,854 shares on April 2 at $107.01, according to the Form 4 filing.
How are Mark Casper’s indirect Marvell (MRVL) holdings structured?
Casper’s indirect Marvell holdings are in the Mark J. Casper and Stephanie Casper Revocable Trust. The Form 4 notes he is the trustee, and the trust holds 17,163 shares of Marvell common stock for the benefit of his immediate family members.
AI-generated analysis. How Rhea-AI works. Not financial advice.
