Summary by Futu AI
Marvell Technology's EVP & Chief Legal Officer, Casper Mark, completed a stock transaction on May 15, 2024. The transaction involved the sale of 1,233 shares of common stock at a price of $70.15 per share, resulting in a total market value of $86,494.95. Prior to this sale, Mark exercised options, acquiring 2,486 shares at no cost. Following these transactions, Mark's direct holdings in Marvell Technology amount to 22,519 shares. The sale was executed as a means to cover the exercise price or tax liability associated with the option exercise.