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MRVL Form 4: RSU vesting, $88.89 tax surrenders, 22,722-share gift

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Marvell Technology (MRVL) reported insider activity by its Chairman of the Board and CEO. On 10/15/2025, multiple RSU vestings delivered 5,519, 6,969, and 8,409 shares, with share surrenders for tax withholding of 2,906, 3,670, and 4,428 at $88.89.

On 10/17/2025, the reporting person made a bona fide charitable gift of 22,722 shares. Following these transactions, directly beneficially owned shares were 255,808.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
MURPHY MATTHEW J

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman of the Board and CEO
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 5,519 A $0 274,156 D
Common Stock 10/15/2025 F(1) 2,906 D $88.89 271,250 D
Common Stock 10/15/2025 M 6,969 A $0 278,219 D
Common Stock 10/15/2025 F(1) 3,670 D $88.89 274,549 D
Common Stock 10/15/2025 M 8,409 A $0 282,958 D
Common Stock 10/15/2025 F(1) 4,428 D $88.89 278,530 D
Common Stock 10/17/2025 G(2) 22,722 D $0 255,808 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 (3) 10/15/2025 M 5,519 (4) (4) Common Stock 5,519 $0 22,077 D
Restricted Stock Units (3) 10/15/2025 M 6,969 (5) (5) Common Stock 6,969 $0 41,812 D
Restricted Stock Units (3) 10/15/2025 M 8,409 (6) (6) Common Stock 8,409 $0 84,087 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. The reported disposition represents a bona fide charitable gift made by the Reporting Person.
3. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
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/ Matthew J. Murphy, by Blair Walters as Attorney-in-Fact 10/17/2025
** 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 insider transactions did MRVL report on 10/15/2025?

Multiple RSU vestings delivered 5,519, 6,969, and 8,409 shares, with tax-withholding share surrenders of 2,906, 3,670, and 4,428 at $88.89.

How many MRVL shares were gifted on 10/17/2025?

A bona fide charitable gift of 22,722 shares was reported.

What were the reporting person’s MRVL direct holdings after the transactions?

Directly beneficially owned shares were 255,808 after the reported transactions.

What is the reporting person’s role at MRVL?

The reporting person is a Director and serves as Chairman of the Board and CEO.

What price was used for MRVL tax withholding on 10/15/2025?

Tax withholding share surrenders were recorded at $88.89.

When do the remaining MRVL RSUs vest?

Remaining RSUs vest on Jan 15, 2026 and Apr 15, 2026 (one grant); on Jan 15, 2026, Apr 15, 2026, Jul 15, 2026, Oct 15, 2026, Jan 15, 2027, Apr 15, 2027 (second); and quarterly through Apr 15, 2028 for the third.
Marvell Technology Inc

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Semiconductors
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