AI assistant
Marvell Technology, Inc. — Director's Dealing 2025
Apr 17, 2025
29937_dirs_2025-04-17_755e3daf-37bd-41e6-a8e4-32b93e38a9d0.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2025-04-15
Reporting Person: Casper Mark (EVP & Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-15 | Common Stock | M | 1203 | — | Acquired | 1203 | Direct |
| 2025-04-15 | Common Stock | F | 597 | $53.32 | Disposed | 606 | Direct |
| 2025-04-15 | Common Stock | M | 1519 | — | Acquired | 2125 | Direct |
| 2025-04-15 | Common Stock | F | 754 | $53.32 | Disposed | 1371 | Direct |
| 2025-04-15 | Common Stock | M | 210 | — | Acquired | 1581 | Direct |
| 2025-04-15 | Common Stock | F | 105 | $53.32 | Disposed | 1476 | Direct |
| 2025-04-15 | Common Stock | M | 2208 | — | Acquired | 3684 | Direct |
| 2025-04-15 | Common Stock | F | 1095 | $53.32 | Disposed | 2589 | Direct |
| 2025-04-15 | Common Stock | M | 1394 | — | Acquired | 3983 | Direct |
| 2025-04-15 | Common Stock | F | 692 | $53.32 | Disposed | 3291 | Direct |
| 2025-04-15 | Common Stock | M | 18186 | — | Acquired | 21477 | Direct |
| 2025-04-15 | Common Stock | F | 9017 | $53.32 | Disposed | 12460 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-15 | Restricted Stock Units | $ | M | 1203 | Disposed | Common Stock (1203) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 1519 | Disposed | Common Stock (1519) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 210 | Disposed | Common Stock (210) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 2208 | Disposed | Common Stock (2208) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 1394 | Disposed | Common Stock (1394) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 18186 | Disposed | Common Stock (18186) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | A | 18347 | Acquired | Common Stock (18347) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 20163 | Indirect |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2: 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.
F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: This award fully vested on April 15, 2025.
F5: The remaining RSUs will vest on 07/15/2025 and 10/15/2025.
F6: The remaining RSUs will vest on 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F7: The remaining RSUs will vest on 07/15/2025, 10/15/2025, 01/15/2026, 04/15/2026, 07/15/2026, 10/15/2026, 01/15/2027, and 04/15/2027.
F8: The grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2022. The achievement levels of the relative TSR performance
metrics applicable to the award and the number of shares earned based on such results that were certified on 04/15/2025.
F9: The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.