Marvell Technology Officer Chris Koopmans Files Form 144 for $2.03M Common Stock Sale
Marvell Technology, Inc.
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Filing Summary
Form 144 Filing Alert: Marvell Technology, Inc. (MRVL) • Insider: Chris Koopmans (via Koopmans Family Trust) • Title/Role: Officer • Proposed Sale: 10,000 shares of Common Stock • Approx. Market Value: $2,032,703.00 (~$203.27/share) • Broker: Morgan Stanley Smith Barney LLC • Plan Adoption Date: January 5, 2026 (Rule 10b5-1) • Approx. Sale Date: September 1, 2026
Comprehensive Analysis
Executive Summary
On September 1, 2026, Chris Koopmans, an Officer at Marvell Technology, Inc. ($MRVL), filed a Form 144 notice of proposed sale for 10,000 shares of common stock through the KOOPMANS FAMILY TRUST U/A DTD 03/28/2013.
Key Transaction Highlights
- Shares to be Sold: 10,000 common shares
- Estimated Aggregate Market Value: $2,032,703.00 (~$203.27 per share)
- Trading Plan: Pre-arranged trading plan adopted on January 5, 2026 pursuant to Rule 10b5-1.
- Origin of Securities: Acquired via performance share vesting on May 15, 2026 (6,928 shares) and May 20, 2026 (3,072 shares).
- Past 3 Months Activity:
- August 3, 2026: Sold 10,000 shares for $1,805,004.00 gross proceeds.
- July 1, 2026: Sold 10,000 shares for $2,819,225.00 gross proceeds.
Impact & Significance
Trading significance is rated Low due to the pre-scheduled nature under a Rule 10b5-1 plan and regular monthly sales schedule representing a tiny fraction of the company's 876.9 million shares outstanding.
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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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