Maravai (MRVI) CEO Bernd Brust Withholds 29,250 Shares for Taxes

What Happened

• Bernd Brust, CEO of Maravai LifeSciences (MRVI), had 29,250 shares withheld to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was recorded as a disposition at $6.23 per share for a total of $182,228. This is a routine tax-withholding event, not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-08-10 at $6.23 per share.
• Shares affected: 29,250 shares; total value of withheld shares $182,228.
• Transaction code/footnote: F (shares withheld to satisfy tax withholding on RSU vesting) — footnote F1 clarifies withholding for tax obligations.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Reported on 2026-08-11 for the 2026-08-10 transaction — appears timely (no late-filing indication).

Context

• This was a tax-withholding disposition (cashless share withholding) tied to vested RSUs, not an open-market sale. Such withholdings are common and generally reflect tax obligations rather than a deliberate decision to reduce holdings for investment reasons.