=== 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: Bharathi Sandeep
CIK: 0001975808
Role: Officer (President, Data Center Group)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +2,462 | Price: $0.00
Shares Owned After: 57,992 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -1,297 | Price: $206.26
Total Value: $267,519.22
Shares Owned After: 56,695 | Ownership: D (Direct)
Footnotes:
[F1] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #3]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +3,567 | Price: $0.00
Shares Owned After: 60,262 | Ownership: D (Direct)
[Transaction #4]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -1,879 | Price: $206.26
Total Value: $387,562.54
Shares Owned After: 58,383 | Ownership: D (Direct)
Footnotes:
[F1] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #5]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +1,757 | Price: $0.00
Shares Owned After: 60,140 | Ownership: D (Direct)
[Transaction #6]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -926 | Price: $206.26
Total Value: $190,996.76
Shares Owned After: 59,214 | Ownership: D (Direct)
Footnotes:
[F1] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #7]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +11,256 | Price: $0.00
Shares Owned After: 70,470 | Ownership: D (Direct)
[Transaction #8]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -5,927 | Price: $206.26
Total Value: $1,222,503.02
Shares Owned After: 64,543 | Ownership: D (Direct)
Footnotes:
[F1] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #9]
Security: Common Stock
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: +3,399 | Price: $0.00
Shares Owned After: 67,942 | Ownership: D (Direct)
[Transaction #10]
Security: Common Stock
Date: 2026-07-15 | Code: F (Payment of exercise/tax)
Shares: -1,790 | Price: $206.26
Total Value: $369,205.40
Shares Owned After: 66,152 | Ownership: D (Direct)
Footnotes:
[F1] Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
[Transaction #11]
Security: Common Stock
Date: 2026-07-16 | Code: S (Open market sale)
Shares: -9,013 | Price: $199.24
Total Value: $1,795,750.12
Shares Owned After: 57,139 | Ownership: D (Direct)
Footnotes:
[F2] Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025.
[F3] The price reported is a weighted average price. These shares were sold in multiple transactions at prices rounded to the nearest cent ranging from $195.80 to $201.63, 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.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: -2,462 | Price: $0.00
Shares Owned After: 7,387 | 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: -3,567 | Price: $0.00
Shares Owned After: 24,972 | 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: -1,757 | Price: $0.00
Shares Owned After: 12,299 | 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 #4]
Security: Restricted Stock Units
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: -11,256 | Price: $0.00
Shares Owned After: 101,304 | 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 July 15, 2027, July 15, 2028 and July 15, 2029.
[F7] The remaining Restricted Stock Units shall vest on July 15, 2027, July 15, 2028 and July 15, 2029.
[Transaction #5]
Security: Restricted Stock Units
Date: 2026-07-15 | Code: M (Exercise of derivative)
Shares: -3,399 | Price: $0.00
Shares Owned After: 37,400 | 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.
[F8] 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.
[F8] 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: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units.
F2: Sales were made pursuant to a 10b5-1 Plan dated December 4, 2025.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices rounded to the nearest cent ranging from $195.80 to $201.63, 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.
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 July 15, 2027, July 15, 2028 and July 15, 2029.
F8: 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/ Sandeep Bharathi by Blair Walters as Attorney-in-Fact (2026-07-16)
