Form 4: Marvell Technology Executive Reports Stock Transactions
SEC Form 4
Panteha Dixon, Chief Accounting Officer of Marvell Technology, reports transactions involving common stock and restricted stock units.
Summary
- On April 15, 2025, Panteha Dixon, the Chief Accounting Officer of Marvell Technology, engaged in multiple transactions involving Marvell's common stock and restricted stock units (RSUs).
- These transactions included the vesting of RSUs, the surrender of shares to cover tax withholding obligations, and the acquisition of shares upon RSU vesting.
- Dixon surrendered shares to cover tax obligations at a price of $53.32 per share.
- Following these transactions, Dixon directly owns 33,380 shares of Marvell Technology common stock and holds derivative securities including 6,116 unvested RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an officer, 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 transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/15/2022 | Date of grant for performance based restricted stock units. |
| 04/15/2025 | Date of transactions involving common stock and restricted stock units. |
| 04/15/2025 | Date that certain restricted stock units fully vested. |
| 04/16/2025 | Date of form filing. |
| 07/15/2025 | Date of next vesting for certain restricted stock units. |
| 10/15/2025 | Date of next vesting for certain restricted stock units. |
| 01/15/2026 | Date of next vesting for certain restricted stock units. |
| 04/15/2026 | Date of next vesting for certain restricted stock units. |
| 07/15/2026 | Date of next vesting for certain restricted stock units. |
| 10/15/2026 | Date of next vesting for certain restricted stock units. |
| 01/15/2027 | Date of next vesting for certain restricted stock units. |
| 04/15/2027 | Date of next vesting for certain restricted stock units. |
Keywords
Marvell Technology, MRVL, Panteha Dixon, Chief Accounting Officer, Form 4, Stock Transactions, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading
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