Justin Scarpulla, SVP and Chief Accounting Officer of Marvell Technology, Inc. (NASDAQ:MRVL), filed a Form 4 on August 17, 2026, reporting transactions dated August 15, 2026, related to the vesting of restricted stock units and a related tax withholding share surrender.

Key Highlights

  • RSU vesting: 3,166 restricted stock units vested on August 15, 2026, each representing a contingent right to receive one share of Marvell Technology, Inc. common stock, acquired at $0.
  • Tax withholding surrender: 1,570 shares of common stock were surrendered to cover tax withholding obligations at a price of $222.02 per share.
  • Remaining common stock: Following both transactions, Scarpulla directly held 2,009 shares of common stock.
  • Remaining RSUs: After the vesting, 9,496 restricted stock units remained beneficially owned directly by Scarpulla.
  • Future vesting schedule: The remaining RSUs are reported to vest in quarterly installments through August 15, 2029, beginning November 15, 2026.

Scarpulla RSU Vesting and Share Surrender Details at Marvell Technology

According to the filing, Justin Scarpulla, serving as SVP and Chief Accounting Officer of Marvell Technology, Inc., reported two transactions in common stock on August 15, 2026. The first was an acquisition of 3,166 shares via transaction code M, reflecting the conversion of restricted stock units at $0, bringing his directly held common stock to 3,579 shares prior to the subsequent disposition.

The filing then reports a disposition of 1,570 shares under transaction code F, described in the explanation of responses as "surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units," at a price of $222.02 per share. Following this surrender, Scarpulla directly held 2,009 shares of common stock, according to the filing.

On the derivative securities side, 3,166 restricted stock units were converted through the vesting event, leaving Scarpulla with 9,496 RSUs directly held. The filing states that remaining RSUs are scheduled to vest on November 15, 2026, February 15, 2027, May 15, 2027, August 15, 2027, November 15, 2027, February 15, 2028, May 15, 2028, August 15, 2028, November 15, 2028, February 15, 2029, May 15, 2029, and August 15, 2029. The Form 4 was signed by Blair Walters as Attorney-in-Fact for Justin Scarpulla on August 17, 2026.

What Was Disclosed

The filing disclosed an RSU vesting event of 3,166 units and a related surrender of 1,570 common shares for tax withholding at $222.02 per share for Marvell Technology's SVP and Chief Accounting Officer, leaving him with 2,009 common shares and 9,496 remaining RSUs.