MURPHY MATTHEW J 4
4 · Marvell Technology, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Marvell (MRVL) CEO & Chairman Matthew Murphy Sells 30,000 Shares
What Happened
Matthew J. Murphy, Marvell Technology's Chairman and CEO, sold 30,000 shares of Marvell common stock on March 26, 2026. The reported weighted-average sale price was $98.70 per share for total proceeds of $2,961,000. The filing lists the transaction as a sale (code S) carried out under a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-26. Report filed the same day (timely).
- Price: Weighted average reported $98.70; actual trade prices ranged from $97.27 to $100.49 (multiple executions).
- Shares sold: 30,000; total proceeds ≈ $2,961,000.
- Shares owned after transaction: Not reported in the information provided in this summary.
- Footnotes: Sales were made pursuant to a 10b5-1 plan dated December 16, 2025. The filer can provide a breakdown of the number of shares sold at each price within the stated range upon request.
- Transaction code: S = Sale (open market or private sale).
Context
A sale under a 10b5-1 plan is a pre-arranged trade and is commonly used by insiders to systematically sell shares; it is not, by itself, proof of the insider’s current view on company prospects. This was a sale (not a purchase or option exercise), so it is generally viewed as routine insider liquidity rather than a bullish signal.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-26$98.70/sh−30,000$2,961,000→ 310,106 total
Footnotes (2)
- [F1]Sales were made pursuant to a 10b5-1 Plan dated December 16, 2025.
- [F2]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.