Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Matthew J. Murphy earned $31.16M in total compensation at Marvell Technology, Inc., including $1.15M salary and $30.00M in stock. Most recently sold 30,000 shares in May 2024. Currently holds stock worth $189.70M. 9+ years at the helm of Marvell Technology, Inc..

Compensation History

Annual executive compensation data for Matthew J. Murphy, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$31.16M

Salary

$1.15M

Bonus

$0.00

Other

$5.78K

Salary

$1.15M

Board Justification

The compensation philosophy is to align executive compensation with performance metrics and shareholder interests, focusing on long-term value creation.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal year 2024 as the corporate performance metrics were below target.

Other Compensation

$5.78K

Board Justification

Other compensation includes 401(k) matching contributions and premiums for basic life insurance.

Restricted Stock

$30.00M441.53K RSU

Board Justification

The vested stock includes time-based RSUs and performance-based RSUs that have met performance conditions but remain subject to time-based vesting.

Performance Metrics

The performance metrics for fiscal year 2024 included revenue, non-GAAP gross margin, and non-GAAP operating income margin.

M

Matthew J. Murphy

CEO of Marvell Technology, Inc.

Sector of Economy

Technology

CEO of Marvell Technology, Inc. for

9 years 4 months (Jul 2016 - Present)

Previous Experience

Unknown

Holdings

Track Matthew J. Murphy's stock holdings and portfolio value over time.

Total Stock Sold

$34.74M

MRVL

$34.74M

884,724 MRVL shares

What if they kept their stock?

If Matthew J. Murphy didn't sell their stock, today they would have:
Extra MRVL884,724 shares worth $87.51M.
This is 151.92% and $52.77M more than what they got when they sold the stock.

Insider Trading

Matthew J. Murphy's recent stock transactions, purchases, and sales filed with the SEC.

MRVL

$2.08M

MRVL at $69.18/share

May 15, 2024

Sale

MRVL

$2.06M

MRVL at $68.82/share

Apr 15, 2024

Sale

MRVL

$1.99M

MRVL at $66.17/share

Mar 14, 2024

Sale

MRVL

$2.03M

MRVL at $67.67/share

Feb 15, 2024

Sale

MRVL

$1.97M

MRVL at $65.59/share

Jan 15, 2024

Sale

MRVL

$1.77M

MRVL at $59.00/share

Dec 14, 2023

Sale

MRVL

$1.63M

MRVL at $54.45/share

Nov 16, 2023

Sale

MRVL

$1.60M

MRVL at $53.36/share

Oct 15, 2023

Sale

Rivals

Compare Matthew J. Murphy with competitor CEOs and industry peers.