Willem A. Meintjes - 16 Dec 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Signature
/s/ Willem Meintjes by Blair Walters as attorney-in-fact
Issuer symbol
MRVL
Transactions as of
16 Dec 2024
Net transactions value
-$183,750
Form type
4
Filing time
17 Dec 2024, 17:43:25 UTC
Previous filing
18 Nov 2024
Next filing
17 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Sale $183,750 -1,500 -1.3% $122.50 112,711 16 Dec 2024 Direct F1
* 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 Plan dated April 8, 2024.