Sandeep Bharathi - 15 Dec 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Data Center Group
Signature
Sandeep Bharathi by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Dec 2025
Net transactions value
-$2,647,281
Form type
4
Filing time
15 Dec 2025, 21:50:34 UTC
Previous filing
16 Oct 2025
Next filing
20 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bharathi Sandeep President, Data Center Group 5488 MARVELL LANE, SANTA CLARA Sandeep Bharathi by Blair Walters as Attorney-in-Fact 15 Dec 2025 0001975808

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +4,714 +6% $0.000000 83,532 15 Dec 2025 Direct
transaction MRVL Common Stock Tax liability $209,133 -2,482 -3% $84.26 81,050 15 Dec 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +54,959 +68% $0.000000 136,009 15 Dec 2025 Direct
transaction MRVL Common Stock Tax liability $2,438,147 -28,936 -21% $84.26 107,073 15 Dec 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Restricted Stock Units Options Exercise $0 -4,714 -13% $0.000000 32,991 15 Dec 2025 Common Stock 4,714 Direct F3, F4
transaction MRVL Performance Stock Units Options Exercise $0 -54,959 -100% $0.000000 0 15 Dec 2025 Common Stock 54,959 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of Performace Stock Units.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
F4 The remaining Restricted Stock Units shall vest on June 15, 2026, December 15, 2026, June 15, 2027, December 15, 2027, June 15, 2028, December 15, 2028 and June 15, 2029.
F5 Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
F6 Reflects the number of shares earned at cliff vesting with respect to the performance award granted on December 15, 2022. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were certified on December 11, 2025.