Marvell Technology President & COO Chris Koopmans Sells $2.62M in Stock via 10b5-1 Plan

Insider Transaction Overview

On October 1, 2026, Chris Koopmans, President and Chief Operating Officer of Marvell Technology, Inc. (NASDAQ: MRVL), executed an open-market sale of 10,000 shares of Marvell Common Stock at a weighted average price of $262.05 per share (range: $257.72 to $265.09), generating gross proceeds of approximately $2,620,500.

Transaction Details

• Insider Role: President and COO
• Transaction Type: Open Market Sale (Code S)
• Shares Sold: 10,000 shares
• Average Price: $262.05
• Total Transaction Value: $2,620,500.00
• Ownership After Transaction: 207,941 shares held indirectly via the Christopher R. Koopmans and Heather J. Koopmans Family Trust
• Plan Details: The sale was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 16, 2026.

Market & Strategic Context

Because this transaction was executed under an affirmative Rule 10b5-1 plan established months earlier, it represents a scheduled diversification rather than a discretionary market timing move. The 10,000 shares sold represent under 5% of Koopmans' reported holdings, leaving the executive with a substantial continuing indirect stake of 207,941 shares.