Form 4: Broadcom Director Henry Samueli Reports Share Transactions

Broadcom director Henry Samueli reported the acquisition of 142,988 shares and the disposal of 1,890 shares of common stock on September 25, 2024.

Summary

• Henry Samueli, a director at Broadcom Inc., filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
• On September 25, 2024, Samueli acquired 142,988 shares of Broadcom common stock.
• He also disposed of 1,890 shares of common stock, which were Restricted Stock Units (RSUs).
• Following these transactions, Samueli's total direct holdings are 39,600,492 shares.
• Samueli also has indirect holdings through various entities, including D95GT LLC, H&S Investments I, L.P., E95GT LLC, and H&S Portfolio II, L.P., totaling 48,442,920 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 disclosure of stock transactions, which is neither positive nor negative in itself.

Industry Context

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

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders in the US.
• The transactions are typical for directors who receive stock-based compensation and may periodically adjust their holdings.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are not expected to significantly affect stakeholders.

Key Dates

Keywords

Broadcom, Henry Samueli, Form 4, Beneficial Ownership, Stock Transactions, Director, RSUs, AVGO