MRVL CFO files Form 4: RSUs vested, shares withheld at $88.89

Rhea-AI Filing Summary

Marvell Technology (MRVL) — CFO equity activity: The Chief Financial Officer reported multiple Restricted Stock Unit (RSU) vestings on 10/15/2025 (transaction code M), delivering 2,551, 3,434, 2,556, and 3,822 shares of common stock at an exercise price of $0.

To satisfy tax withholding (code F), the filer surrendered 1,062, 1,428, 1,062, and 1,604 shares at a price of $88.89. Following these transactions, the filer beneficially owned 139,366 shares of common stock directly. Derivative holdings shown as beneficially owned after the transactions were 38,222 RSUs. The remaining RSUs are scheduled to vest on specified dates through 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^*

Meintjes Willem A

(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)
	Chief Financial Officer

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		2,551	A	$0	134,710	D
Common Stock	10/15/2025		F(1)		1,062	D	$88.89	133,648	D
Common Stock	10/15/2025		M		3,434	A	$0	137,082	D
Common Stock	10/15/2025		F(1)		1,428	D	$88.89	135,654	D
Common Stock	10/15/2025		M		2,556	A	$0	138,210	D
Common Stock	10/15/2025		F(1)		1,062	D	$88.89	137,148	D
Common Stock	10/15/2025		M		3,822	A	$0	140,970	D
Common Stock	10/15/2025		F(1)		1,604	D	$88.89	139,366	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			2,551	(3)	(3)	Common Stock	2,551	$0	2,552	D
Restricted Stock Units	(2)	10/15/2025		M			3,434	(4)	(4)	Common Stock	3,434	$0	6,869	D
Restricted Stock Units	(2)	10/15/2025		M			2,556	(5)	(5)	Common Stock	2,556	$0	15,331	D
Restricted Stock Units	(2)	10/15/2025		M			3,822	(6)	(6)	Common Stock	3,822	$0	38,222	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.

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

5. 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.

6. 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:

	/s/ Willem Meintjes 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 CFO report on the Form 4 dated 10/15/2025?

Multiple RSU vestings (code M) converting into 2,551, 3,434, 2,556, and 3,822 common shares at $0.

Were shares withheld for taxes and at what price?

Yes. Shares were surrendered for tax withholding (code F): 1,062, 1,428, 1,062, and 1,604 at $88.89.

How many MRVL common shares did the CFO own after the transactions?

The filer beneficially owned 139,366 shares directly after the reported transactions.

How many RSUs are shown as beneficially owned after the transactions?

Derivative securities beneficially owned following the transactions were shown as 38,222 RSUs.

What is the vesting schedule for the remaining RSUs?

Remaining RSUs vest on set dates through April 15, 2028, including January 15 and April 15 in 2026–2028, as specified.

What do the transaction codes M and F indicate on MRVL’s Form 4?

M indicates RSU conversion/vesting into shares; F indicates share surrender to cover tax withholding.