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Marvell Technology | 4: Statement of changes in beneficial ownership of securities-Officer MURPHY MATTHEW J

SEC ·  Jul 17 06:53

Summary by Futu AI

On July 15, 2024, Marvell Technology, Inc. (MRVL) reported that its Chairman of the Board and CEO, Matthew J. Murphy, completed a series of transactions involving the company's common stock. Murphy exercised options to acquire a total of 15,562 shares at no cost. Subsequently, he disposed of 7,209 shares at a price of $73.6 per share, resulting in a total market value of $530,582.4 for the disposed shares. Following these transactions, Murphy's direct holdings in Marvell Technology amounted to 214,915 shares. The transactions were executed as a means to cover the exercise price or tax liabilities associated with the option exercises.
On July 15, 2024, Marvell Technology, Inc. (MRVL) reported that its Chairman of the Board and CEO, Matthew J. Murphy, completed a series of transactions involving the company's common stock. Murphy exercised options to acquire a total of 15,562 shares at no cost. Subsequently, he disposed of 7,209 shares at a price of $73.6 per share, resulting in a total market value of $530,582.4 for the disposed shares. Following these transactions, Murphy's direct holdings in Marvell Technology amounted to 214,915 shares. The transactions were executed as a means to cover the exercise price or tax liabilities associated with the option exercises.

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