Marvell (NASDAQ: MRVL) exec sells 44,414 shares under 10b5-1 plan

Rhea-AI Filing Summary

Marvell Technology, Inc. executive Bharathi Sandeep, President of the Data Center Group, reported an open-market sale of 44,414 shares of common stock on March 26, 2026 at a weighted average price of $99.61 per share. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan dated December 4, 2025 and executed through multiple transactions at prices ranging from $98.00 to $100.36. Following this transaction and an adjustment for a previously disclosed administrative error in prior reported ownership, Sandeep now directly holds 55,199 shares of Marvell common stock.

Insider Trade Summary 10b5-1

Net Seller: 44,414 shares ($4,424,079)

Net Sell 1 txn

Insider Bharathi Sandeep

Role President, Data Center Group

Sold 44,414 shs ($4.42M)

Type	Security	Shares	Price	Value
Sale	Common Stock	44,414	$99.61	$4.42M

Holdings After Transaction: Common Stock — 55,199 shares (Direct)

Footnotes (1)

1. Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.00 to $100.36, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. Total holdings has been reduced to reflect an administrative error in the number of shares originally reported as owned at the time of his most recent Form 3 filing.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bharathi Sandeep

(Last) (First) (Middle)

5488 MARVELL LANE

(Street)

SANTA CLARA CALIFORNIA 95054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Marvell Technology, Inc. [ MRVL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Data Center Group

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/26/2026		S(1)		44,414	D	$99.61(2)	55,199(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.00 to $100.36, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

3. Total holdings has been reduced to reflect an administrative error in the number of shares originally reported as owned at the time of his most recent Form 3 filing.

Remarks:

	Sandeep Bharathi by Blair Walters as Attorney-in-Fact	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Marvell (MRVL) report for executive Bharathi Sandeep?

Marvell reported that executive Bharathi Sandeep sold 44,414 shares of common stock in an open-market transaction. The sales occurred on March 26, 2026 under a pre-arranged Rule 10b5-1 trading plan at a weighted average price of $99.61 per share.

At what price did Bharathi Sandeep sell Marvell (MRVL) shares in this Form 4?

The reported weighted average sale price was $99.61 per share. The Form 4 notes that shares were sold in multiple trades at prices ranging from $98.00 to $100.36, and detailed trade-level information is available upon request from Marvell, shareholders, or SEC staff.

How many Marvell (MRVL) shares does Bharathi Sandeep hold after the reported sale?

After the reported sale, Bharathi Sandeep directly holds 55,199 shares of Marvell common stock. This figure reflects both the March 26, 2026 open-market sale of 44,414 shares and a reduction to correct an administrative error in previously reported holdings.

Was the Marvell (MRVL) insider sale by Bharathi Sandeep made under a Rule 10b5-1 plan?

Yes. The filing states that the sales were made pursuant to a Rule 10b5-1 trading plan dated December 4, 2025. Such plans are pre-arranged schedules for trades, designed to allow insiders to sell shares according to preset instructions over time.

What correction to prior Marvell (MRVL) share ownership was disclosed for Bharathi Sandeep?

The Form 4 explains that total holdings were reduced to correct an administrative error in the number of shares previously reported as owned in the most recent Form 3. This adjustment affects reported post-transaction holdings, now shown as 55,199 shares.

What role does Bharathi Sandeep hold at Marvell (MRVL) in this insider filing?

In this filing, Bharathi Sandeep is identified as an officer of Marvell with the title President, Data Center Group. The reported transaction involves common stock directly owned, reflecting trading activity by a senior operating executive within the company.