AVGO.NASDAQBroadcom INC

Form 4: Broadcom Director Kenneth Hao Receives RSU Grant

Sentiment:

Director Equity Grant


Broadcom Inc. director Kenneth Hao was granted 864 restricted stock units as part of his compensation package.

Summary

  • Director Kenneth Hao acquired 864 restricted stock units (RSUs) of Broadcom Inc. common stock.
  • The transaction occurred on April 20, 2026, at a price of $0 per share as part of an equity grant.
  • Following this transaction, Kenneth Hao directly owns 4,806 shares of Broadcom common stock.
  • The reporting person also maintains indirect ownership of 1,066,000 shares via an LLC and 53,920 shares via a limited partnership.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.

Positives

  • The grant aligns the director's interests with long-term shareholder value through equity-based compensation.

Negatives

  • None identified in this filing.

Risks

  • Vesting of the RSUs is contingent upon the director's continued service through April 19, 2027, or the date of the 2027 annual meeting.

Future Outlook

The RSUs are scheduled to vest in full on the earlier of April 19, 2027, or the date of the 2027 annual meeting of stockholders.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure alignment between leadership and shareholders in the semiconductor and software infrastructure sector.

Comparison to Industry Standards

  • The use of RSUs for director compensation is consistent with standard practices among large-cap technology firms like NVIDIA, Qualcomm, and Intel.

Stakeholder Impact

  • Minimal impact on shareholders as the grant represents a standard component of director compensation.

Next Steps

  • Vesting of the 864 RSUs on April 19, 2027, or the 2027 annual meeting date.

Key Dates

DateDescription
04/20/2026Date of the RSU grant transaction.
04/22/2026Date the Form 4 was signed and filed.
04/19/2027Vesting date for the granted RSUs.

Keywords

Broadcom, AVGO, Form 4, Insider Trading, Director Compensation, Restricted Stock Units

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