Marvell Technology (MRVL) 4: Koopmans Chris bought 56,232 shares of Common Stock at $N/A… (May 19, 2026)
Statement of Changes in Beneficial Ownership
Transaction Details
Footnotes ▸
Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
Footnotes ▸
Each performance stock unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting. | This performance stock unit award included stock price and total stockholder return-based performance criteria and was structured in four tranches tied to stock price targets of $60, $80, $100, and $120, with a TSR modifier applicable to the award. The performance conditions for the $60 tranche, the $80 tranche, and the $100 tranche were certified on August 22, 2023, December 5, 2024, and January 24, 2025, respectively. As a result, the three certified tranches became subject to a service-based vesting condition pursuant to which 50% of the shares vested on May 15, 2026 and 50% of the shares will vest on May 15, 2028 (subject to continued service to the company). The performance criteria for the remaining tranche tied to the $120 stock price target have not yet been certified. | This performance stock unit award included stock price and total stockholder return-based performance criteria and was structured in four tranches tied to stock price targets of $60, $80, $100, and $120, with a TSR modifier applicable to the award. The performance conditions for the $60 tranche, the $80 tranche, and the $100 tranche were certified on August 22, 2023, December 5, 2024, and January 24, 2025, respectively. As a result, the three certified tranches became subject to a service-based vesting condition pursuant to which 50% of the shares vested on May 15, 2026 and 50% of the shares will vest on May 15, 2028 (subject to continued service to the company). The performance criteria for the remaining tranche tied to the $120 stock price target have not yet been certified.
Footnotes ▸
Surrender of shares in payment of tax withholding due as a result of the vesting of performance stock units. | Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
Post-Transaction Holdings
| Security | Shares | Change |
|---|---|---|
| Common Stock | 265.82K | +28.35K (11.94%) |
| Performance Stock Units | 78.10K | -56.23K (-41.86%) |