Form 4: Broadcom CFO Sells Over 36,000 Shares Under Pre-Arranged Trading Plan

Broadcom Inc.'s CFO and Chief Accounting Officer, Kirsten M. Spears, sold 36,350 shares of common stock for approximately $261.27 per share on June 24, 2025, under a Rule 10b5-1 plan.

Summary

• Kirsten M. Spears, Broadcom Inc.'s CFO and Chief Accounting Officer, disposed of 36,350 shares of common stock.
• The transaction occurred on June 24, 2025.
• The shares were sold at a weighted average price of $261.269 per share, with individual trades ranging from $260.95 to $261.63.
• Following the sale, Ms. Spears beneficially owns 325,587 shares of Broadcom common stock.
• The total beneficial ownership includes 138,120 restricted stock units.
• The sale was executed under a Rule 10b5-1 pre-arranged trading plan.

Sentiment

Score: 5

Explanation: The sale of shares by a key executive, while reducing their direct equity stake, was conducted under a pre-arranged Rule 10b5-1 plan, which typically indicates a planned liquidity event rather than a reaction to new information.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not necessarily based on new, non-public information.

Negatives

• An insider sale, even if pre-planned, reduces the insider's direct equity exposure to the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret the insider sale as a signal, though the 10b5-1 plan mitigates concerns about negative sentiment, suggesting a pre-planned liquidity event rather than a reaction to new information.

Key Dates

Recommendation

Keywords

Broadcom, AVGO, SEC Form 4, Insider Trading, Stock Sale, CFO, Kirsten Spears, 10b5-1 Plan, Equity Transaction