Key facts
- This page summarizes Mitchell Gaynor's Form 4 filing for Marvell Technology, Inc. (MRVL).
- 10 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 17 Oct 2023, 18:34.
Mitchell Gaynor - 15 Oct 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)
- Reporting relationship
- EVP, Chief Admin Officer
- Issuer ticker
- MRVL
- Reported as of
- 15 Oct 2023
- Net transaction value
- -$545,038
- SEC form
- 4
- Accepted by SEC
- 17 Oct 2023, 18:34:55 UTC
- Prior SEC filing
- 18 Jul 2023
- Next SEC filing
- 16 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- Mitchell Gaynor by Blair Walters as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mitchell Gaynor filed Form 4 for Marvell Technology, Inc. (MRVL) on 17 Oct 2023.
Change
- Previous filing in this sequence was filed on 18 Jul 2023.
- Current net transaction value: -$545,038.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MRVL
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,615
- Change %
- +1.1%
- Price
- $0.000000
- Shares after
- 150,530
- Date
- 15 Oct 2023
- Ownership
- Direct
MRVL
transaction
Common Stock
Tax liability
- Transaction value
- $42,149
- Shares
- -801
- Change %
- -0.53%
- Price
- $52.62
- Shares after
- 149,729
- Date
- 15 Oct 2023
- Ownership
- Direct
- Footnotes
- F1
MRVL
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,258
- Change %
- +0.84%
- Price
- $0.000000
- Shares after
- 150,987
- Date
- 15 Oct 2023
- Ownership
- Direct
MRVL
transaction
Common Stock
Tax liability
- Transaction value
- $32,835
- Shares
- -624
- Change %
- -0.41%
- Price
- $52.62
- Shares after
- 150,363
- Date
- 15 Oct 2023
- Ownership
- Direct
- Footnotes
- F1
MRVL
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,881
- Change %
- +1.3%
- Price
- $0.000000
- Shares after
- 152,244
- Date
- 15 Oct 2023
- Ownership
- Direct
MRVL
transaction
Common Stock
Tax liability
- Transaction value
- $49,094
- Shares
- -933
- Change %
- -0.61%
- Price
- $52.62
- Shares after
- 151,311
- Date
- 15 Oct 2023
- Ownership
- Direct
- Footnotes
- F1
MRVL
transaction
Common Stock
Sale
- Transaction value
- $420,960
- Shares
- -8,000
- Change %
- -5.3%
- Price
- $52.62
- Shares after
- 143,311
- Date
- 15 Oct 2023
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MRVL
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,615
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 3,229
- Date
- 15 Oct 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,615
- Exercise price
- Footnotes
- F4, F5
MRVL
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,258
- Change %
- -14%
- Price
- $0.000000
- Shares after
- 7,545
- Date
- 15 Oct 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,258
- Exercise price
- Footnotes
- F4, F6
MRVL
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,881
- Change %
- -9.1%
- Price
- $0.000000
- Shares after
- 18,807
- Date
- 15 Oct 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,881
- Exercise price
- Footnotes
- F4, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 7 footnotes
Footnote F1
Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
Footnote F2
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/27/2023.
Footnote F3
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.34 to $52.85, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Footnote F4
Each RSU represents a contingent right to receive one Marvell common share upon vesting.
Footnote F5
The remaining RSUs will vest on 01/15/2024 and 04/15/2024.
Footnote F6
The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
Footnote F7
The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.