Marvell Technology, Inc.·4

May 18, 1:16 PM ET

Meintjes Willem A 4

Research Summary

AI-generated summary

Updated

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.