Form 4: Broadcom Director Henry Samueli Reports Share Transactions

Broadcom director Henry Samueli reported a transaction involving the acquisition of 15,815 shares of common stock and the disposal of 189 RSUs.

Summary

• Henry Samueli, a director at Broadcom Inc., filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
• On June 26, 2024, Samueli acquired 15,815 shares of Broadcom common stock.
• He also disposed of 189 Restricted Stock Units (RSUs).
• Following these transactions, Samueli's total holdings include 3,974,348 shares held directly by D95GT LLC, 3,157,399 shares held by H&S Investments I, L.P., 1,227,203 shares held by E95GT LLC, and 459,690 shares held by H&S Investments II, L.P.
• Samueli disclaims beneficial ownership of the shares held by these entities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies like Broadcom. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and Broadcom's filing is consistent with these requirements.
• Other technology companies such as Qualcomm, Intel, and Nvidia also regularly file Form 4s when their directors or officers trade company stock.

Stakeholder Impact

• This filing provides transparency to shareholders regarding the trading activities of a company director.
• The transactions are not expected to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

Broadcom, Henry Samueli, Form 4, insider trading, stock transaction, beneficial ownership, RSU, director