Marvell CFO Sells Over 200,000 Shares, Cashing Out Approximately $60 Million

Odaily星球日报讯 Chip design company Marvell Technology ($MRVL) CFO Willem Meintjes recently filed Form 144 with the U.S. Securities and Exchange Commission (SEC), reporting the sale of 207,329 common shares with an estimated cash-out value of approximately $60.13 million, at an average price of $290.03 per share.

This sale represents about 48% of his current holdings. It is an unscheduled sale executed by Morgan Stanley Smith Barney, to be completed on the NASDAQ market on June 15, 2026.

Marvell Technology is headquartered in Wilmington, Delaware. Its SEC file number is 001-40357, and there are currently approximately 874.8 million shares outstanding.