Form 4: Broadcom Director Henry Samueli Gifts Over 49,000 Shares Under 10b5-1 Plan

Broadcom Inc. Director Henry Samueli reported the gifting of 49,670 shares of common stock on July 9, 2025, as part of a pre-arranged Rule 10b5-1 plan.

Summary

• Henry Samueli, a Director of Broadcom Inc. (AVGO), reported a transaction involving the disposition of common stock.
• On July 9, 2025, Samueli gifted 49,670 shares of Broadcom common stock with a par value of $0.001.
• The transaction was executed at a price of $0 per share, indicating a gift.
• Following this transaction, Samueli directly beneficially owns 3,492 shares, which include 1,602 Restricted Stock Units (RSUs).
• Additionally, Samueli indirectly beneficially owns 86,389,801 shares through various entities: H&S Investments I, L.P. (31,429,540 shares), D95GT LLC (38,091,331 shares), E95GT LLC (12,272,030 shares), and H&S Portfolio II, L.P. (4,596,900 shares).
• The total beneficial ownership after the transaction is 86,393,293 shares.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The disposition of shares by a director was a gift, not a sale, and was conducted under a pre-arranged Rule 10b5-1 plan. The director retains a very substantial beneficial ownership in the company, indicating continued alignment with shareholder interests.

Positives

• The transaction was a gift, not a sale for personal profit, which can be viewed positively as it may indicate philanthropic activity or estate planning.
• The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-planned disposition and potentially reducing concerns about insider trading.
• Despite the gift, Henry Samueli retains substantial beneficial ownership of 86,393,293 shares, demonstrating continued significant alignment with shareholder interests.

Negatives

• A director disposing of shares, even via gift, reduces their direct stake in the company, though the impact is minimal given the large remaining holdings.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it primarily reports a past insider transaction.

Industry Context

This Form 4 filing reports a specific insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares were gifted, not sold into the market. The director's continued substantial ownership is a positive signal of alignment.

Key Dates

Recommendation

Keywords

Broadcom, AVGO, Henry Samueli, Director, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Rule 10b5-1, Equity Securities