| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MRVL | Common Stock | Sale | -$3.75M | -50K | -5.63% | $75.00 | 839K | Jul 8, 2024 | Direct | F1, F2 |
| holding | MRVL | Common Stock | 88.1K | Jul 8, 2024 | By Family Trusts | F3 |
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).
| Id | Content |
|---|---|
| F1 | Sales were made pursuant to a 10b5-1 Plan dated March 27, 2024. |
| F2 | Total holdings includes 600 shares purchased on June 7, 2024 under the company's Employee Stock Purchase Plan (ESPP). |
| F3 | Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family. |