FMR LLC has disclosed a significant passive stake in Marvell Technology Inc. The filing shows FMR LLC beneficially owns 126,698,928.11 shares of Marvell common stock, representing 14.9% of the class, with sole power to dispose of these shares and no shared voting or dispositive power.
FMR LLC has sole voting power over 120,017,966.69 shares. Abigail P. Johnson is also listed as a reporting person, with sole dispositive power over the same 126,698,928.11 shares and no voting power, reflecting her role as a control person. The securities are certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of Marvell.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
MARVELL TECHNOLOGY INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
573874104
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
573874104
1
Names of Reporting Persons
FMR LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
120,017,966.69
6
Shared Voting Power
0.00
7
Sole Dispositive Power
126,698,928.11
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
126,698,928.11
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
573874104
1
Names of Reporting Persons
Abigail P. Johnson
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
126,698,928.11
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
126,698,928.11
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MARVELL TECHNOLOGY INC
(b)
Address of issuer's principal executive offices:
1000 N. WEST STREET,SUITE 1200,WILMINGTON,DE,USA,19801
Item 2.
(a)
Name of person filing:
FMR LLC
(b)
Address or principal business office or, if none, residence:
245 Summer Street, Boston, Massachusetts 02210
(c)
Citizenship:
Not applicable
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP No.:
573874104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
126698928.11
(b)
Percent of class:
14.9 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Please see the responses to Items 5 and 6 on the cover page.
(ii) Shared power to vote or to direct the vote:
0.00
(iii) Sole power to dispose or to direct the disposition of:
126698928.11
(iv) Shared power to dispose or to direct the disposition of:
0.00
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of MARVELL TECHNOLOGY INC. No one other person's interest in the COMMON STOCK of MARVELL TECHNOLOGY INC is more than five percent of the total outstanding COMMON STOCK.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
FMR LLC
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:
02/04/2026
Abigail P. Johnson
Signature:
Stephanie J. Brown
Name/Title:
Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:
02/04/2026
Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
How much of Marvell Technology Inc (MRVL) does FMR LLC beneficially own?
FMR LLC reports beneficial ownership of 126,698,928.11 shares of Marvell common stock, representing 14.9% of the outstanding class. This gives FMR a significant institutional position while remaining a passive investor under Schedule 13G rules.
What voting and dispositive powers does FMR LLC report over Marvell (MRVL) shares?
FMR LLC reports sole voting power over 120,017,966.69 shares and sole dispositive power over 126,698,928.11 shares, with no shared voting or shared dispositive power. This means FMR alone decides how these shares are voted and whether they are sold.
What stake in Marvell Technology does Abigail P. Johnson report?
Abigail P. Johnson reports beneficial ownership with sole dispositive power over 126,698,928.11 shares, equal to 14.9% of Marvell’s common stock, and no voting power. Her reporting status reflects her role as a control person of FMR LLC.
Is FMR LLC’s position in Marvell (MRVL) described as passive or activist?
The filing certifies the Marvell shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Marvell. This indicates FMR LLC is reporting a passive investment position under Schedule 13G.
Why is a Schedule 13G/A filed for Marvell Technology Inc (MRVL)?
A Schedule 13G/A is filed when a holder exceeds 5% beneficial ownership and qualifies for the short-form, passive schedule. FMR LLC’s 14.9% stake in Marvell triggers this disclosure, updating investors on the scale and nature of its ownership.
Who signed the Marvell (MRVL) Schedule 13G/A on behalf of FMR LLC and Abigail Johnson?
The filing is signed by Stephanie J. Brown, acting under powers of attorney for both FMR LLC and Abigail P. Johnson. The signatures certify the accuracy of the ownership information and the passive-investor certification included in the document.