AVGO.NASDAQBroadcom INC

Form 4: Broadcom Director Eddy W. Hartenstein Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Eddy W. Hartenstein reports the acquisition of 1,602 Restricted Stock Units (RSUs) in Broadcom Inc.

Summary

  • Eddy W. Hartenstein, a director of Broadcom Inc., filed a Form 4 with the SEC.
  • The filing reports the acquisition of 1,602 Restricted Stock Units (RSUs) on April 21, 2025.
  • These RSUs will vest in full on the earlier of the first anniversary of the vesting commencement date (April 21, 2025) or the date of the next annual meeting of stockholders, contingent upon continued service.
  • Hartenstein also indirectly owns 46,400 shares of Broadcom through a family trust.
  • The reported transaction increased Hartenstein's direct holdings to 3,492 shares, including the RSUs.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company director, indicating a neutral sentiment.

Future Outlook

The RSUs will vest based on continued service and the timing of the next annual stockholder meeting.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

DateDescription
04/21/2025Date of earliest transaction (grant of Restricted Stock Units)
04/21/2025Vesting Commencement Date for RSUs
04/23/2025Date of signature on the Form 4 filing

Keywords

Form 4, Broadcom, RSUs, Director, Hartenstein, AVGO, Stock

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