Durn Daniel 4
4 · Marvell Technology, Inc. · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
Marvell (MRVL) CFO Daniel Durn Sells 2,250 Shares
What Happened
Daniel Durn, Chief Financial Officer of Marvell Technology, sold 2,250 shares in an open-market transaction on June 23, 2026. The reported weighted-average price was $281.01 per share, for total proceeds of approximately $632,273. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date: 2026-06-23
- Type: Open-market sale (Code S)
- Shares sold: 2,250; weighted-average price: $281.01; proceeds: ~$632,273
- Price range (per footnote): transactions occurred at prices from $281.00 to $281.10; the weighted-average was rounded to the nearest cent and the filer will provide per-price breakdown on request
- Shares owned after the transaction: not disclosed in this Form 4
- Filing timeliness: Report filed on the same day (2026-06-23); no late filing indicated
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation appears in the filing
Context
Executive sales are common and can reflect routine diversification or liquidity needs; a sale alone does not necessarily signal a change in company fundamentals. This Form 4 only reports the transaction and does not state the insider’s reason.
Insider Transaction Report
Form 4
Durn Daniel
Chief Financial Officer
Transactions
- Sale
Common Stock
[F1]2026-06-23$281.01/sh−2,250$632,273→ 6,902 total
Footnotes (1)
- [F1]The price reported is a weighted average price rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $281.00 to $281.10, 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.
Signature
/s/ Daniel Durn by Blair Walters as attorney in fact|2026-06-23