Form 4: Broadcom Director Check Kian Low Reports Stock Transactions
SEC Form 4 Filing
Director Check Kian Low reports acquisition of restricted stock units and disposition of shares to cover tax obligations.
Summary
- On April 21, 2025, Check Kian Low, a director of Broadcom Inc., acquired 1,602 shares of common stock through a grant of Restricted Stock Units (RSUs).
- The RSUs vest in full on the earlier of (i) the first anniversary of the Vesting Commencement Date or (ii) the date on which the annual meeting of the Issuer's stockholders immediately following the Vesting Commencement Date is held, subject to the Reporting Person's continuing service on the vesting date.
- Also on April 21, 2025, Low disposed of 152 shares of common stock at a price of $166.21.
- Following these transactions, Low beneficially owns 114,500 shares of Broadcom common stock, including 1,602 RSUs.
Sentiment
Score: 6
Explanation: Neutral sentiment as the document simply reports standard stock transactions by a company director. There is no indication of positive or negative implications for the company's performance.
Positives
- The grant of RSUs to a director aligns their interests with those of the shareholders.
Future Outlook
The vesting of the RSUs is contingent upon the director's continued service, incentivizing their ongoing contribution to the company.
Industry Context
Form 4 filings are standard practice for reporting insider transactions and provide transparency to the market regarding the actions of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of RSU grant and stock disposition. |
| 04/23/2025 | Date of signature on the Form 4 filing. |
Keywords
Broadcom, Director, Check Kian Low, Form 4, RSU, Stock Transaction, Beneficial Ownership, AVGO
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