Summary by Futu AI
Chris Koopmans, EVP and Chief Operations Officer of Marvell Technology, Inc. [MRVL], completed a series of transactions involving the company's common stock on January 15 and 16, 2024. Koopmans acquired a total of 9,434 shares through the exercise or conversion of derivative securities at no cost. Concurrently, he disposed of 9,809 shares, with 4,809 shares used to cover exercise prices or tax liabilities at prices ranging from $65.26 to $65.68 per share, and an open market sale of 5,000 shares at $65.26 per share. Following these transactions, Koopmans holds a total of 124,117 shares of Marvell Technology, indirectly through a trust. The total market value of the disposed shares amounted to approximately $642,155.