Marvell Technology Officer Files Form 144 for $2.62M Planned Share Sale

Overview

On October 1, 2026, Chris Koopmans, an Officer of Marvell Technology, Inc. ($MRVL), filed a Form 144 notice disclosing the proposed sale of 10,000 shares of common stock held via the KOOPMANS FAMILY TRUST U/A DTD 03/28/2013, representing an aggregate market value of approximately $2,620,515.00.

Key Transaction Highlights

• Proposed Sale Volume: 10,000 common shares.
• Aggregate Value: $2,620,515.00 (~$262.05 per share).
• Shares Outstanding Context: With 876,900,000 common shares outstanding, this proposed sale represents a negligible fraction (<0.002%) of the total shares outstanding.
• Pre-arranged Plan: The transaction is governed by a pre-established Rule 10b5-1 trading plan adopted on June 16, 2026.
• Source of Shares: The shares to be sold originated from equity compensation awards (performance shares and restricted stock units) vested between April and July 2026.

Historical Pattern

This filing follows regular monthly sales executed under the same 10b5-1 trading plan:

• September 1, 2026: 10,000 shares sold for gross proceeds of $2,032,703.00.
• August 3, 2026: 10,000 shares sold for gross proceeds of $1,805,004.00.

Market Impact & Significance

The filing is classified as Low significance. The disposition represents programmed liquidity under an established Rule 10b5-1 plan, consistent with recurring monthly schedules, and poses minimal market impact relative to the company's public float.