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

What Happened

• Bernd Brust, CEO of Maravai Lifesciences (MRVI), had 29,250 shares withheld on 2026-09-08 to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding price reported was $7.32 per share, a total value of approximately $214,110. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-09-08; Filing date: 2026-09-09 (timely).
• Price: $7.32 per share; Shares involved: 29,250; Total value ≈ $214,110.
• Transaction code/footnote: F (shares withheld to satisfy tax withholding on vesting of RSUs) — footnote F1 in the filing.
• Disposition type: shares were withheld by the company (cashless withholding) rather than sold on the open market.
• Shares owned after transaction: not specified in the provided excerpt of the filing — see the full Form 4 for post-transaction holdings.

Context

• Share withholding to cover taxes is a routine administrative action when RSUs vest and generally does not signal the insider’s view of the stock. It reduces the insider’s outstanding shares but is distinct from a voluntary market sale or purchase.