Marvell CFO files to sell 207,329 shares worth estimated $60.13 million

Willem Meintjes disclosed a non-planned Nasdaq stock sale set for June 15, 2026, covering about 48% of his current holdings and to be executed by Morgan Stanley Smith Barney.

Summary

Marvell Technology CFO Willem Meintjes filed a Form 144 with the SEC (U.S. securities regulator) to sell 207,329 common shares in a transaction estimated at $60.13 million. The filing listed an average price of $290.03 per share and said the non-planned sale is scheduled for June 15, 2026 on Nasdaq, with Morgan Stanley Smith Barney set to execute the trade. The amount represents about 48% of his current holdings, making it a sizable insider stock sale disclosure.

Terms & Concepts
  • Form 144: SEC filing for planned insider securities sales
  • common shares: Standard equity ownership shares in a company
  • Nasdaq: U.S. stock exchange for listed securities