Summary by Futu AI
Marvell Technology, Inc. has announced that the Koopmans Family Trust, an officer of the company, is set to sell 5,000 common shares on 02/15/2024. The shares, valued at an aggregate market value of $339,917.5, were originally acquired by the trust from the issuer on 04/15/2022 as performance shares. This upcoming transaction follows a recent history of sales by the trust, which sold 10,000 shares in the past three months, generating total gross proceeds of $624,137. The trust's sales history includes transactions on 01/16/2024 and 12/15/2023, each involving 5,000 shares of common stock.