Scarpulla Justin 4
4 · Marvell Technology, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Marvell (MRVL) SVP Justin Scarpulla Receives 6,120 RSU Award
What Happened Justin Scarpulla, Senior Vice President and Chief Accounting Officer at Marvell Technology, received a grant of 6,120 restricted stock units (RSUs) on April 15, 2026. The grant was recorded as a derivative award (code A) with $0.00 paid at grant — no cash changed hands at the time of award. Each RSU represents a contingent right to one share of Marvell common stock upon vesting.
Key Details
- Transaction date: 2026-04-15 (Form filed 2026-04-16); recorded as an Award/Grant (A).
- Shares/units granted: 6,120 RSUs; reported grant price $0.00 (typical for RSU awards).
- Vesting: RSUs vest in equal quarterly installments over a three-year period (annual equity grant program).
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: Filed the next day (appears timely, not late).
Context This was an equity award, not an open‑market purchase or sale. RSUs are a form of deferred compensation; no shares are delivered until each RSU vests, and the eventual value depends on Marvell's stock price at vesting. Awards under annual grant programs are routine for executives and do not alone indicate a buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-15+6,120→ 6,120 total→ Common Stock (6,120 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- [F2]The restricted stock units shall vest in equal quarterly installments over a three-year period and were granted pursuant to the annual equity grant program.