AI assistant
Marvell Technology, Inc. — Director's Dealing 2025
Apr 17, 2025
29937_dirs_2025-04-17_b7cb8ed4-61f7-4faa-bc0a-5508b1e6f40d.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: Meintjes Willem A (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-15 | Common Stock | M | 766 | — | Acquired | 114358 | Direct |
| 2025-04-15 | Common Stock | F | 316 | $53.32 | Disposed | 114042 | Direct |
| 2025-04-15 | Common Stock | M | 2551 | — | Acquired | 116593 | Direct |
| 2025-04-15 | Common Stock | F | 1059 | $53.32 | Disposed | 115534 | Direct |
| 2025-04-15 | Common Stock | M | 3434 | — | Acquired | 118968 | Direct |
| 2025-04-15 | Common Stock | F | 1425 | $53.32 | Disposed | 117543 | Direct |
| 2025-04-15 | Common Stock | M | 2555 | — | Acquired | 120098 | Direct |
| 2025-04-15 | Common Stock | F | 1056 | $53.32 | Disposed | 119042 | Direct |
| 2025-04-15 | Common Stock | M | 11574 | — | Acquired | 130616 | Direct |
| 2025-04-15 | Common Stock | F | 4768 | $53.32 | Disposed | 125848 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-15 | Restricted Stock Units | $ | M | 766 | Disposed | Common Stock (766) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 2551 | Disposed | Common Stock (2551) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 3434 | Disposed | Common Stock (3434) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 2555 | Disposed | Common Stock (2555) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 11574 | Disposed | Common Stock (11574) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | A | 45866 | Acquired | Common Stock (45866) | Direct |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3: This award fully vested on April 15, 2025.
F4: The remaining RSUs will vest on 07/15/2025, 10/15/2025, and 01/15/2026.
F5: The remaining RSUs will vest on 07/15/2025, 10/15/2025, 01/15/2026, 04/15/2026.
F6: 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.
F7: 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.
F8: The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.