MRVL insider filing: CLO reports RSU conversions and $88.89 tax F
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology (MRVL) executive Mark J. Casper, EVP & Chief Legal Officer, reported RSU conversions to common stock and related tax-withholding share surrenders on 10/15/2025. Multiple RSU tranches were converted to common at $0 (codes M), and shares were withheld for taxes at $88.89 per share (code F).
Following these transactions, he held 9,022 shares directly and 17,163 shares indirectly via a trust. Derivative holdings showed 15,290 Restricted Stock Units beneficially owned after the reported transactions. Notes indicate additional RSU vesting dates extending through April 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,860 shares exercised/converted
Mixed
16 txns
Insider
Casper Mark
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,520 | $0.00 | -- |
| Exercise | Restricted Stock Units | 210 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,207 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,394 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,529 | $0.00 | -- |
| Exercise | Common Stock | 1,520 | $0.00 | -- |
| Tax Withholding | Common Stock | 754 | $88.89 | $67K |
| Exercise | Common Stock | 210 | $0.00 | -- |
| Tax Withholding | Common Stock | 105 | $88.89 | $9K |
| Exercise | Common Stock | 2,207 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,095 | $88.89 | $97K |
| Exercise | Common Stock | 1,394 | $0.00 | -- |
| Tax Withholding | Common Stock | 692 | $88.89 | $62K |
| Exercise | Common Stock | 1,529 | $0.00 | -- |
| Tax Withholding | Common Stock | 759 | $88.89 | $67K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 7,087 shares (Direct);
Common Stock — 17,163 shares (Indirect, By Trust)
Footnotes (1)
- Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units. Held in the Mark J. Casper and Stephanie Casper Revocable Trust, of which the Reporting Person is the trustee, for the benefit of members of his immediate family. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. This award fully vested on October 15, 2025. The remaining Restricted Stock Units shall vest on January 15, 2026 and April 15, 2026. The remaining Restricted Stock Units shall vest on January 15, 2026, April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027 and April 15, 2027. The remaining Restricted Stock Units shall vest on January 15, 2026, April 15, 2026, July 15, 2026, October 15, 2026, January 15, 2027, April 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.
FAQ
What did MRVL insider Mark J. Casper report on Form 4?
He reported RSU conversions to common stock (code M at $0) and tax-withholding share surrenders (code F) on 10/15/2025.
How many RSUs remain beneficially owned after these transactions?
He beneficially owned 15,290 Restricted Stock Units after the transactions.
When do the remaining RSUs vest for MRVL's CLO?
Per the notes: remaining RSUs vest on Jan 15, 2026 and Apr 15, 2026 (for one award); on Jan 15, 2026, Apr 15, 2026, Jul 15, 2026, Oct 15, 2026, Jan 15, 2027, Apr 15, 2027 (for another); and on those dates plus Oct 15, 2027, Jan 15, 2028, Apr 15, 2028 (for a third).
What is the insider’s role at Marvell Technology (MRVL)?
He is the company’s EVP & Chief Legal Officer.