Marvell Technology EVP & Chief Legal Officer Exercises RSUs with Tax Withholding
Marvell Technology, Inc.
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Filing Summary
# Marvell Technology, Inc. (MRVL) - Form 4 Filing Alert
**Insider:** Mark Casper (EVP & Chief Legal Officer)
**Filing Date:** October 16, 2026
**Transaction Date:** October 15, 2026
### Summary of Transactions
- **Acquired (M):** 4,113 shares via RSU vesting at $0.00
- **Disposed (F):** 2,167 shares surrendered for tax withholding at $241.24 per share (~$522,767.08)
- **Net Direct Shares Added:** 1,946 shares
- **Post-Transaction Holdings:** 4,362 shares direct; 44,907 shares indirect (By Trust)
*Significance: Low (Routine equity vesting and statutory tax withholding)*
Comprehensive Analysis
Executive Summary
On October 16, 2026, Marvell Technology, Inc. (NASDAQ: MRVL) filed a Form 4 for EVP & Chief Legal Officer Mark Casper detailing equity compensation transactions that took place on October 15, 2026. The reporting person acquired an aggregate of 4,113 shares of Common Stock upon the vesting of restricted stock units (RSUs) and surrendered 2,167 shares at $241.24 per share to cover statutory tax withholding obligations.
Key Transaction Details
- RSU Conversions (Code M):
- Three separate tranches vested: 1,394 shares, 1,529 shares, and 1,190 shares (totaling 4,113 shares) at an exercise price of $0.00.
- Tax Withholding (Code F):
- 734 shares withheld ($177,069.16 total value)
- 806 shares withheld ($194,439.44 total value)
- 627 shares withheld ($151,257.48 total value)
- Total shares withheld: 2,167 shares at $241.24, amounting to $522,767.08.
- Holdings After Transactions:
- Direct ownership increased from 2,416 to 4,362 shares.
- Indirect holdings remained unchanged at 44,907 shares held in the Mark J. Casper and Stephanie Casper Revocable Trust.
Trading Significance
This filing carries Low market significance. The reported dispositions were non-discretionary share withholdings (Code F) designed exclusively to satisfy tax withholding obligations upon the scheduled vesting of RSUs, rather than open-market sales.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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