Form 4: Marvell Technology Executive Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Panteha Dixon, Chief Accounting Officer of Marvell Technology, sold 1,239 shares of common stock at $65.01 per share on May 15, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On May 15, 2025, Panteha Dixon, the Chief Accounting Officer of Marvell Technology, sold 1,239 shares of the company's common stock.
- The sale was executed at a price of $65.01 per share.
- This transaction was conducted under a pre-existing 10b5-1 trading plan established on December 5, 2024.
- Following the transaction, Dixon directly owns 30,855 shares of Marvell Technology common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a stock sale by an executive under a pre-arranged plan, indicating a neutral sentiment.
Industry Context
Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 plan suggests the executive planned the sale in advance to avoid any accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| 2024-12-05 | Date of 10b5-1 Plan |
| 2025-05-15 | Date of stock sale transaction |
Keywords
Marvell Technology, MRVL, Panteha Dixon, Chief Accounting Officer, Form 4, 10b5-1 Plan, Stock Sale, Insider Trading
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