Chris Koopmans - Aug 15, 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Aug 15, 2023
Transactions value $
-$118,720
Form type
4
Date filed
8/17/2023, 12:38 PM
Previous filing
Jul 18, 2023
Next filing
Aug 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Sale -$119K -2K -1.44% $59.36 137K Aug 15, 2023 By Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Sales were made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on 09/01/2022.
F2 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.