Mark Casper - 15 May 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Signature
Mark Casper by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 May 2025
Transactions value $
-$118,640
Form type
4
Filing time
19 May 2025, 18:14:42 UTC
Previous filing
24 Apr 2025
Next filing
17 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Casper Mark EVP & Chief Legal Officer 5488 MARVELL LANE, SANTA CLARA Mark Casper by Blair Walters as Attorney-in-Fact 19 May 2025 0002007961

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2.49K $0.00 2.49K 15 May 2025 Direct
transaction MRVL Common Stock Tax liability -$80.4K -1.23K -49.62% $65.20 1.25K 15 May 2025 Direct F1
transaction MRVL Common Stock Sale -$38.2K -626 -50% $61.10 626 19 May 2025 Direct F2
holding MRVL Common Stock 20.2K 15 May 2025 By Trust F3

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 -2.49K -33.32% $0.00 4.97K 15 May 2025 Common Stock 2.49K Direct F4, F5
* 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 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2 Sales were made pursuant to a 10b5-1 Plan dated October 17, 2024.
F3 Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F4 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5 The remaining RSUs will vest on 08/15/2025 and 11/15/2025.