Marvell Technology President & COO Chris Koopmans Sells $2.03M in Stock via Rule 10b5-1 Plan

Executive Summary

On September 1, 2026, Chris Koopmans, President and Chief Operating Officer of Marvell Technology, Inc. ($MRVL), executed an open-market sale of 10,000 shares of common stock at a weighted average price of $203.27 per share. The transaction generated gross proceeds of approximately $2.03 million.

Transaction Breakdown

• Security: Common Stock
• Transaction Type: Open Market Sale (Code S)
• Shares Sold: 10,000
• Weighted Average Price: $203.27 (Price range: $200.72 – $206.18)
• Total Transaction Value: $2,032,700.00
• Ownership Type: Indirect (Held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust)
• Post-Transaction Holdings: 217,941 shares

Trading Significance & Context

• Rule 10b5-1 Trading Plan: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on January 5, 2026.
• Significance Level: Low — Pre-scheduled transactions under Rule 10b5-1 are standard liquidity events and typically do not signal discretionary changes in executive sentiment.
• Remaining Position: Following the sale, Mr. Koopmans retains indirect beneficial ownership of 217,941 shares, reflecting a reduction of approximately 4.4% in trust-held equity.