Form 4: Broadcom Director Henry Samueli Reports Share Transactions

Broadcom director Henry Samueli reported a transaction involving the acquisition of 137,795 shares of common stock and the holding of various indirect holdings.

Summary

• Henry Samueli, a director at Broadcom Inc., filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
• The report indicates that on December 16, 2024, Samueli acquired 137,795 shares of Broadcom common stock at a price of $0.
• Following this transaction, Samueli's direct holdings include 1,890 Restricted Stock Units (RSUs).
• Samueli also has significant indirect holdings through various entities, including D95GT LLC (39,462,697 shares), H&S Investments I, L.P. (31,573,990 shares), E95GT LLC (12,272,030 shares), and H&S Portfolio II, L.P. (4,596,900 shares).
• Samueli disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate a positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies like Broadcom.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies in the US, as mandated by the SEC.
• The level of detail provided in this filing is consistent with what is expected for such disclosures.
• The indirect holdings through various LLCs and LPs are not uncommon for high-net-worth individuals and corporate insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a key company director.

Key Dates

Keywords

Broadcom, Henry Samueli, Form 4, Beneficial Ownership, Stock Transaction, Director, RSUs, Indirect Holdings