Marvell Technology President & COO Sells $1.87M Under 10b5-1 Plan

Executive Insider Sale Summary: Marvell Technology, Inc. ($MRVL)

Overview

On November 2, 2026, Chris Koopmans, President and COO of Marvell Technology, Inc., sold 10,000 shares of Common Stock at a weighted average price of $186.97, resulting in gross proceeds of approximately $1,869,700.

Key Details

• Insider: Chris Koopmans
• Role: President and COO
• Shares Sold: 10,000 shares
• Execution Price: $186.97 (transactions ranged from $183.20 to $191.86)
• Transaction Value: $1,869,700
• Nature of Holding: Indirect (held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust)
• Remaining Indirect Holdings: 202,800 shares

Governance and Context

• Pre-Scheduled Trading Plan: The transaction was executed pursuant to a Rule 10b5-1 trading plan established on June 16, 2026.
• Significance: The sale represents approximately 4.7% of the insider's indirect position held in the trust. Given that it was conducted under a pre-established 10b5-1 trading plan and leaves a substantial holding of 202,800 shares, the transaction carries low market significance.