Summary by Moomoo AI
On April 25, 2024, Richard P. Wallace, a director and 10% owner of Marvell Technology, filed an Initial Statement of Beneficial Ownership of Securities with the SEC, disclosing the direct ownership of 600 shares of common stock. The Form 3 filing, required under Section 16(a) of the Securities Exchange Act of 1934, indicates Wallace's significant stake in the company. The document was signed by Wallace's attorney in fact, Blair Walters, and was dated April 29, 2024. This filing is a routine disclosure for directors and significant shareholders, providing transparency about their holdings in the company.