Meintjes Willem A 4
4 · Marvell Technology, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Marvell (MRVL) CFO Willem Meintjes Sells 4,000 Shares
What Happened
Willem A. Meintjes, Chief Financial Officer of Marvell Technology, sold 4,000 shares in an open-market/private sale on May 15, 2026. The reported weighted-average sale price was $175.24 per share for total proceeds of $700,960. This was a sale (not a purchase) and was conducted under a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-15; Form 4 filed 2026-05-18 (filed within the standard two-business-day window).
- Price: weighted average $175.24; sales occurred at prices ranging from $173.85 to $177.08 (reported as multiple transactions).
- Shares sold: 4,000; total proceeds reported: $700,960.
- Shares owned after transaction: not disclosed in the summary provided in this prompt (refer to the full Form 4 for post-transaction beneficial ownership).
- Footnotes: (F1) Sales were made pursuant to a 10b5-1 plan adopted Jan 9, 2026. (F2) Weighted-average price reflects multiple trades; the filer can provide a per-trade breakdown on request.
Context
Sales under 10b5-1 plans are typically scheduled in advance and do not necessarily indicate a change in the insider’s view on the company. For retail investors, purchases by insiders are generally more informative as potential bullish signals; reported sales should be viewed as routine unless part of a broader pattern.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-15$175.24/sh−4,000$700,960→ 226,675 total
Footnotes (2)
- [F1]Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on January 9, 2026.
- [F2]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.85 to $177.08, 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.