Form 4: Marvell COO Koopmans Reports PSU Vesting & Tax Share Disposal
Insider Transaction Report
Marvell Technology's President and COO, Chris Koopmans, reported the vesting of 54,959 performance stock units and the subsequent disposal of 27,249 shares for tax withholding.
Summary
- Chris Koopmans, President and COO of Marvell Technology, Inc. (MRVL), reported transactions related to his beneficial ownership.
- On December 15, 2025, Koopmans acquired 54,959 shares of Common Stock through the vesting of Performance Stock Units (PSUs) at a price of $0.
- These PSUs were granted on December 15, 2022, and the performance metrics were certified on December 11, 2025.
- Concurrently, Koopmans disposed of 27,249 shares of Common Stock on December 15, 2025, at a price of $84.26 to cover tax withholding obligations arising from the PSU vesting.
- Following these transactions, Koopmans beneficially owns 138,263 shares indirectly through the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
- Total holdings prior to the tax disposal included 1 share purchased on December 5, 2025, under Marvell Technology, Inc.'s Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to the vesting of performance stock units and subsequent tax-related share disposal, which is a common occurrence for executives and does not inherently indicate positive or negative company performance.
Positives
- The vesting of 54,959 Performance Stock Units indicates that performance metrics associated with the award, granted on December 15, 2022, were met and certified, reflecting achievement of company goals.
Negatives
- 27,249 shares were disposed of to cover tax withholding obligations, which reduces the total beneficial ownership of the reporting person.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal impact on shareholders as this is a routine insider transaction related to executive compensation and tax obligations, not a discretionary sale or purchase indicating a change in management's view of the company.
Key Dates
| Date | Description |
|---|---|
| 12/15/2022 | Date Performance Stock Units (PSUs) were granted. |
| 12/05/2025 | Date 1 share was purchased under Marvell Technology, Inc.'s Employee Stock Purchase Plan. |
| 12/11/2025 | Date achievement levels of performance metrics for PSUs were certified. |
| 12/15/2025 | Date of PSU vesting and subsequent share acquisition and disposal for tax withholding. |
Keywords
Marvell Technology, MRVL, Chris Koopmans, Insider Transaction, Form 4, Performance Stock Units, PSU Vesting, Share Disposal, Tax Withholding, Beneficial Ownership
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