Per Woofun AI, Marvell Technology Chief Financial Officer Willem Meintjes filed Form 144 with the U.S. Securities and Exchange Commission, disclosing the sale of 207,329 shares of common stock. The transaction, executed by Morgan Stanley Ameribond on the Nasdaq market, generated approximately $60.13 million in proceeds at an average price of $290.03 per share.

This non-essential sale accounts for roughly 48% of Meintjes' current holdings and is scheduled for completion on June 15, 2026. Marvell Technology, headquartered in Wilmington, Delaware, maintains approximately 874.8 million outstanding shares under SEC filing number 001-40357.