Form 4: Broadcom Director Harry L. You Reports Grant of Restricted Stock Units

Director Harry L. You reports the acquisition of 1,602 Restricted Stock Units (RSUs) in Broadcom Inc.

Summary

• On April 21, 2025, Harry L. You, a director of Broadcom Inc., was granted 1,602 Restricted Stock Units (RSUs).
• Each RSU entitles the holder to one share of Broadcom's common stock upon vesting.
• 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.
• Following this transaction, You directly owns 32,052 shares, including the 1,602 RSUs.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and performance.

Future Outlook

The vesting of the RSUs is contingent upon the director's continued service, suggesting an expectation of ongoing involvement with the company.

Industry Context

Grants of restricted stock units are a common form of executive compensation in the technology industry, used to attract and retain talent and align their interests with those of shareholders.

Comparison to Industry Standards

• Companies like Qualcomm, Intel, and Nvidia also use RSUs as part of their executive compensation packages.
• The size of the RSU grant is likely determined by factors such as the director's role, performance, and overall compensation strategy, and would be benchmarked against similar roles in comparable companies.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term performance.
• The director is incentivized to continue contributing to the company's success.

Key Dates

Keywords

Broadcom, Director, RSU, Restricted Stock Units, Form 4, Beneficial Ownership, AVGO, Harry L. You