Form 4: Broadcom CEO Hock E. Tan Reports Stock Transaction
SEC Form 4 Filing
Broadcom's CEO, Hock E. Tan, reported a transaction involving the disposal of 8,200 shares of common stock.
Summary
- Hock E. Tan, the President and CEO of Broadcom Inc., has filed a Form 4 with the SEC.
- The filing reports a transaction on July 5, 2024, where 8,200 shares of Broadcom common stock were disposed of.
- The disposal was a gift, and the price per share was $0.
- Following the transaction, Mr. Tan directly owns 10,753 shares and indirectly owns 145,693 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral event.
Industry Context
This is a routine filing for a corporate insider and is a normal part of regulatory compliance.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders across all publicly traded companies.
- The transaction is not unusual for executives who may receive stock as part of their compensation or have personal reasons for disposing of shares.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine filing.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of the stock transaction where 8,200 shares were disposed of. |
| 07/09/2024 | Date the Form 4 was signed. |
Keywords
Broadcom, Hock E. Tan, SEC Form 4, stock transaction, insider trading, beneficial ownership, equity securities
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