Chris Koopmans, chief operating officer of Marvell Technology, Inc. ($MRVL), sold 10,000 shares of company stock on August 3, 2026, in an open-market transaction valued at $1,805,000. The shares were sold at $180.50 each, and the Form 4 filing disclosing the sale was submitted to the Securities and Exchange Commission the same day.
Following the transaction, Koopmans held 227,941 shares of Marvell common stock. The sale represented approximately 4.2 percent of his reported holdings.
The August disposal followed an established pattern for the COO. On May 1, 2026, he sold 10,000 shares at $162.76 per share for a total of $1,627,600. That filing reached the SEC on May 4, three days after the trade. On April 6, 2026, he sold another 10,000-share block at $110.24 per share, generating $1,102,400 in a same-day filed transaction. Each of the three sales was an open-market disposition of an identical 10,000-share block, and each occurred at a progressively higher price point. The combined value of the three sales was $4,535,000.
Koopmans last reported an open-market purchase of $MRVL shares on September 25, 2025, when he acquired 6,800 shares at $78.03 per share for $530,604. He held 104,825 shares after that buy. Between that purchase and the April 2026 sale, his reported share count rose, reflecting additional equity acquisitions that did not appear as open-market purchases in the Form 4 filings reviewed.
Koopmans was not the only Marvell executive to sell shares during 2026. Sandeep Bharathi, the company's president, reported two open-market sales totaling approximately $13.1 million — a $4.4 million transaction on March 26 and an $8.7 million transaction on April 16. Chief financial officer Willem Meintjes sold 30,000 shares on April 15 for roughly $4.0 million. CEO Matthew Murphy reported sales of $3.0 million on March 26, $1.3 million on May 13, and $2.2 million on June 15. No other Marvell insiders filed open-market transactions within two weeks of Koopmans' August 3 sale.
Marvell Technology, a semiconductor company headquartered in Wilmington, Delaware, had a stock price that closed at $187.56 on July 31, the last trading day before the reported transaction. The shares traded in a range of $162.90 to $201.35 during the final week of July.