Marvell (NASDAQ: MRVL) CEO sells 30,000 shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marvell Technology, Inc. Chairman and CEO Matthew J. Murphy reported an open-market sale of 30,000 shares of common stock at a weighted average price of $98.70 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan dated December 16, 2025.
After this transaction, Murphy continues to hold 310,106 shares of Marvell common stock directly. The filing notes that the reported price reflects a weighted average across multiple trades between $97.27 and $100.49 per share.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 30,000 shares ($2,961,000)
Net Sell
1 txn
Insider
MURPHY MATTHEW J
Role
Chairman of the Board and CEO
Sold
30,000 shs ($2.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $98.70 | $2.96M |
Holdings After Transaction:
Common Stock — 310,106 shares (Direct)
Footnotes (1)
- Sales were made pursuant to a 10b5-1 Plan dated December 16, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at rounded prices ranging from $97.27 to $100.49, 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.
FAQ
What insider transaction did Marvell Technology (MRVL) report in this Form 4?
Marvell Technology reported that Chairman and CEO Matthew J. Murphy sold 30,000 shares of common stock. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan dated December 16, 2025.
What does the weighted average price mean in this Marvell (MRVL) Form 4?
The weighted average price of $98.70 reflects multiple trades executed at different prices. Individual trades occurred at rounded prices from $97.27 to $100.49, and the company offers full breakdowns of shares sold at each price upon request.