MURPHY MATTHEW J 4

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.