Marvell: EVP & chief legal officer Mark Casper exercised 4,113 shares

What happened

• Mark Casper, EVP & chief legal officer, had 4,113 restricted stock units (RSUs) convert to common stock on Oct 15, 2026 (three conversions of 1,394; 1,529; and 1,190 shares) at $0.00 per share.
• To satisfy tax withholding, 2,167 shares were surrendered (734; 806; and 627 shares) at $241.24 per share for a total of $522,766. The filing also reports corresponding derivative disposition entries for 4,113 RSUs at $0.00.

Key details

• Transaction date: Oct 15, 2026. Filing date: Oct 16, 2026.
• Prices reported: $0.00 per share for the RSU conversions; $241.24 per share for shares surrendered to cover tax withholding.
• Shares surrendered for tax withholding: 2,167 shares for $522,766 total ($177,070; $194,439; $151,257 by line).
• Shares acquired on vesting: 4,113 shares (1,394; 1,529; 1,190).
• Shares owned after the transaction: not specified in the filing excerpt provided.
• Relevant footnotes from the filing: F1 (surrender for tax withholding), F2 (held in the Mark J. Casper and Stephanie Casper Revocable Trust for family members), F3 (each RSU converts to one share), F4–F6 (schedules for remaining RSU vesting dates).

Why it may matter

• The filing shows RSUs converted to 4,113 shares and that 2,167 shares were surrendered to cover tax withholding (a share surrender to satisfy taxes).
• A filing does not show why the insider traded or why the company acted.