Summary by Futu AI
On June 16, 2024, Robert E. Switz, associated with Marvell Technology, Inc. [MRVL], completed a transaction to acquire 4,570 shares of common stock at no cost. This transaction was executed indirectly through the Robert E. Switz Trust, as indicated by the nature of indirect beneficial ownership. Following this acquisition, the trust holds a total of 74,920 shares in the company. The transaction is described as an exercise or conversion of derivative security, which typically involves the use of options or other derivative instruments to obtain the stock.