MRVL insider reports RSU vesting and tax surrenders at $88.89

Rhea-AI Filing Summary

Marvell Technology (MRVL) insider filed a Form 4 reporting RSU vesting and tax withholdings. On 10/15/2025, the company’s President, Data Center Group, reported multiple Restricted Stock Unit conversions to common stock (codes M) and share surrenders for tax withholding (code F) at $88.89.

RSU conversions added 3,680, 2,462, 3,567, and 1,757 shares at no cost, with corresponding tax-withholding surrenders of 1,938, 1,297, 1,879, and 926 shares. Each RSU equals one MRVL share upon vesting. Remaining RSUs are scheduled to vest on stated dates through April 15, 2028, including tranches on January 15 and April 15, 2026; quarterly dates through 2027; and January 15 and April 15, 2028.

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^*

Bharathi Sandeep

(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)
	President, Data Center Group

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025

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	10/15/2025		M		3,680	A	$0	77,072	D
Common Stock	10/15/2025		F(1)		1,938	D	$88.89	75,134	D
Common Stock	10/15/2025		M		2,462	A	$0	77,596	D
Common Stock	10/15/2025		F(1)		1,297	D	$88.89	76,299	D
Common Stock	10/15/2025		M		3,567	A	$0	79,866	D
Common Stock	10/15/2025		F(1)		1,879	D	$88.89	77,987	D
Common Stock	10/15/2025		M		1,757	A	$0	79,744	D
Common Stock	10/15/2025		F(1)		926	D	$88.89	78,818	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
Restricted Stock Units	(2)	10/15/2025		M			3,680	(3)	(3)	Common Stock	3,680	$0	7,359	D
Restricted Stock Units	(2)	10/15/2025		M			2,462	(4)	(4)	Common Stock	2,462	$0	14,774	D
Restricted Stock Units	(2)	10/15/2025		M			3,567	(5)	(5)	Common Stock	3,567	$0	35,674	D
Restricted Stock Units	(2)	10/15/2025		M			1,757	(5)	(5)	Common Stock	1,757	$0	17,570	D

Explanation of Responses:

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

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

3. The remaining Restricted Stock Units shall vest on January 15, 2026 and April 15, 2026.

4. The remaining Restricted Stock Units shall vest on January 15, 2026, April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027.

5. The remaining Restricted Stock Units shall vest on January 15, 2026, April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.

Remarks:

	Sandeep Bharathi by Blair Walters as Attorney-in-Fact	10/16/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did MRVL’s insider report on Form 4?

Multiple RSU conversions to common stock (code M) and share surrenders for tax withholding (code F) at $88.89 on 10/15/2025.

Which MRVL executive is involved and what is their role?

The reporting person is the company’s President, Data Center Group.

How many MRVL shares were acquired from RSU vesting?

RSU conversions added 3,680, 2,462, 3,567, and 1,757 shares at $0 per share.

How many MRVL shares were surrendered for taxes and at what price?

Tax-withholding surrenders totaled 1,938, 1,297, 1,879, and 926 shares at $88.89.

Do these transactions represent open-market sales?

No. Code F reflects shares surrendered for tax withholding due to RSU vesting, not open-market selling.

What is the RSU vesting schedule going forward?

Remaining RSUs vest on specified dates through April 15, 2028, including quarterly dates in 2026–2027 and early 2028.

What does one RSU represent at MRVL?

Each RSU represents a contingent right to receive one MRVL common share upon vesting.