=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-15
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
--- Reporting Owner ---
Name: MURPHY MATTHEW J
CIK: 0001381430
Role: Director, Officer (Chairman of the Board and CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-07-15 | Code: S (Open market sale)
Shares: -7,500 | Price: $209.52
Total Value: $1,571,400.00
Shares Owned After: 780,509 | Ownership: D (Direct)
Footnotes:
[F1] Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025.
[F2] The price reported is a weighted average price. These shares were sold in multiple transactions at prices rounded to the nearest cent and ranging from $201.30 to $220.34, 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.
[Transaction #2]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +6,969 | Price: $0.00
Shares Owned After: 787,478 | Ownership: D (Direct)
[Transaction #3]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -3,670 | Price: $206.26
Total Value: $756,974.20
Shares Owned After: 783,808 | Ownership: D (Direct)
Footnotes:
[F3] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #4]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +8,409 | Price: $0.00
Shares Owned After: 792,217 | Ownership: D (Direct)
[Transaction #5]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -4,428 | Price: $206.26
Total Value: $913,319.28
Shares Owned After: 787,789 | Ownership: D (Direct)
Footnotes:
[F3] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #6]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +6,119 | Price: $0.00
Shares Owned After: 793,908 | Ownership: D (Direct)
[Transaction #7]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -3,222 | Price: $206.26
Total Value: $664,569.72
Shares Owned After: 790,686 | Ownership: D (Direct)
Footnotes:
[F3] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: -6,969 | Price: $0.00
Shares Owned After: 20,906 | Ownership: D (Direct)
Footnotes:
[F4] Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
[F5] The remaining Restricted Stock Units shall vest on October 15, 2026, January 15, 2027 and April 15, 2027.
[F5] The remaining Restricted Stock Units shall vest on October 15, 2026, January 15, 2027 and April 15, 2027.
[Transaction #2]
Security: Restricted Stock Units
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: -8,409 | Price: $0.00
Shares Owned After: 58,861 | Ownership: D (Direct)
Footnotes:
[F4] Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
[F6] The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.
[F6] The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.
[Transaction #3]
Security: Restricted Stock Units
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: -6,119 | Price: $0.00
Shares Owned After: 67,318 | Ownership: D (Direct)
Footnotes:
[F4] Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
[F7] The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028, April 15, 2028, July 15, 2028, October 15, 2028, January 15, 2029 and April 15, 2029.
[F7] The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028, April 15, 2028, July 15, 2028, October 15, 2028, January 15, 2029 and April 15, 2029.
--- Footnotes (Complete Index) ---
F1: Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on December 16, 2025.
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices rounded to the nearest cent and ranging from $201.30 to $220.34, 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.
F3: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
F4: Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
F5: The remaining Restricted Stock Units shall vest on October 15, 2026, January 15, 2027 and April 15, 2027.
F6: The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028 and April 15, 2028.
F7: The remaining restricted stock units shall vest on October 15, 2026, January 15, 2027, April 15, 2027, July 15, 2027, October 15, 2027, January 15, 2028, April 15, 2028, July 15, 2028, October 15, 2028, January 15, 2029 and April 15, 2029.
--- Signature ---
/s/ /s/ Matthew J. Murphy, by Blair Walters as Attorney-in-Fact (2026-07-16)
