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.