Dolan Christine 4

What Happened

• Christine Dolan, Executive Vice President & General Manager, Cygnus Technologies at Maravai (MRVI), had 28,661 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were recorded as disposed at $3.08 each, a total value of $88,276. This was a tax-withholding (net share settlement) tied to RSU vesting—not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely).
• Price per share: $3.08; total value of shares withheld: $88,276.
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — shares withheld to satisfy tax withholding for vesting of RSU awards.
• Transaction type/code: F (tax withholding/settlement), listed as "Disposed" on the Form 4.

Context

• This is a routine net-share settlement to cover taxes when RSUs vest and is generally considered administrative rather than an investor sentiment signal. Purchases are usually more informative about insider conviction; withholdings neither indicate a new buy nor a deliberate sale in the open market.