Summary by Futu AI
Marvell Technology, Inc has announced that the MATTHEW AND LAURA MURPHY FAMILY TRUST, associated with the company through a director and officer relationship, is set to sell 60,000 common shares. The sale, with an aggregate market value of approximately $4,137,600, is scheduled for 02/15/2024. These shares were originally acquired on 11/25/2021 as Performance Stock Units from the issuer. Over the past three months, the trust has sold a total of 90,000 shares, generating gross proceeds of $5,371,104.