Marvell Technology ($MRVL) CFO Daniel Durn Reports Routine RSU Vesting & Tax Withholding

Insider Transaction Analysis: Marvell Technology, Inc. ($MRVL)

Overview

On September 16, 2026, Marvell Technology, Inc. filed a Form 4 on behalf of Daniel Durn, Chief Financial Officer. The filing details transactions executed on September 15, 2026, related to the quarterly vesting of Restricted Stock Units (RSUs).

Transaction Breakdown

1. Derivative Conversion (RSU Vesting):

   • Shares Acquired: 6,469 shares of Common Stock (Transaction Code: M)
   • Execution Price: $0.00 per share
   • Derivative Reduction: 6,469 RSUs settled, leaving 19,408 RSUs remaining.

2. Tax Withholding Disposition:

   • Shares Surrendered: 3,408 shares of Common Stock (Transaction Code: F)
   • Price per Share: $221.70
   • Total Value Withheld: $755,553.60

Net Impact & Holdings

• Net Change in Common Stock: +3,061 shares
• Post-Transaction Direct Ownership: 9,963 shares of Common Stock
• Remaining Derivative Holdings: 19,408 RSUs vesting quarterly over a 1-year period subject to continued service.

Significance Assessment

• Trading Significance: Low
• Rationale: The transaction represents standard executive compensation vesting and an automatic surrender of shares to cover tax withholding obligations. It does not reflect discretionary open-market buying or selling activity.