Form 4: Marvell Technology Executive Hussain Muhammad Raghib Reports Stock Transactions
SEC Form 4 Filing
President of Products & Tech at Marvell Technology, Hussain Muhammad Raghib, reports multiple transactions involving common stock and restricted stock units on April 15, 2025.
Summary
- On April 15, 2025, Hussain Muhammad Raghib, President, Products & Tech at Marvell Technology, executed several transactions involving Marvell's common stock and restricted stock units (RSUs).
- These transactions included the vesting of RSUs, the acquisition of common stock upon vesting, and the surrender of shares to cover tax withholding obligations.
- Specifically, Mr. Hussain acquired shares through the vesting of RSUs and disposed of shares to satisfy tax obligations at a price of $53.32 per share.
- Following these transactions, Mr. Hussain directly owns 722,889 shares of common stock and indirectly owns 88,081 shares through family trusts.
- He also holds a number of unvested Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is typical for executives to receive stock-based compensation and periodically adjust their holdings.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine adjustments to an executive's stock holdings.
Key Dates
| Date | Description |
|---|---|
| 04/15/2022 | Date of grant for performance based restricted stock units. |
| 04/15/2025 | Date of the reported transactions, including vesting of RSUs and stock acquisitions/disposals. |
| 04/15/2025 | Date that one of the RSU awards fully vested. |
| 07/15/2025 | Next vesting date for some of the remaining RSUs. |
| 10/15/2025 | Next vesting date for some of the remaining RSUs. |
| 01/15/2026 | Next vesting date for some of the remaining RSUs. |
| 04/15/2026 | Next vesting date for some of the remaining RSUs. |
| 07/15/2026 | Next vesting date for some of the remaining RSUs. |
| 10/15/2026 | Next vesting date for some of the remaining RSUs. |
| 01/15/2027 | Next vesting date for some of the remaining RSUs. |
| 04/15/2027 | Next vesting date for some of the remaining RSUs. |
| 04/17/2025 | Date of signature for the Form 4 filing. |
Keywords
Marvell Technology, Hussain Muhammad Raghib, stock transactions, Form 4, restricted stock units, common stock, insider trading, vesting, tax withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.