Form 4: Broadcom Executive Charlie Kawwas Reports Changes in Beneficial Ownership

Charlie Kawwas, President of Semi Solutions Group at Broadcom Inc., reports a transaction involving common stock, resulting in an adjusted beneficial ownership.

Summary

• On March 17, 2025, Charlie Kawwas, President of Semi Solutions Group at Broadcom Inc., filed a Form 4 with the SEC reporting changes in beneficial ownership of Broadcom Inc. [AVGO] common stock.
• The reported transaction involved the disposition of 98,396 shares due to tax withholding upon vesting of Restricted Stock Units (RSUs) at a price of $195.54.
• Following the transaction, Kawwas directly owns 134,746 shares of Broadcom common stock.
• Kawwas also indirectly owns 696,730 shares through a trust, and 700 shares each through Child 1, Child 2, Child 3 and through his spouse as custodian for Child 4.
• The filing also notes that the direct holdings include 25,000 RSUs and 152 shares acquired under the Issuer's Employee Stock Purchase Plan on March 14, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock transactions for tax purposes. There's no indication of unusual activity or concern.

Positives

• The executive's continued holdings, including RSUs and shares acquired through the employee stock purchase plan, suggest a continued alignment with the company's success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a key executive at Broadcom, a major player in the semiconductor industry.

Comparison to Industry Standards

• Executive compensation packages often include stock options and RSUs, which are common across the technology industry.
• The sale of shares to cover tax obligations upon vesting of RSUs is a standard practice among executives at publicly traded companies.
• Comparing Kawwas's holdings and transactions to those of executives at similar companies like Qualcomm (QCOM) or Nvidia (NVDA) could provide further context, but that data is not available in this document.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Broadcom, AVGO, Charlie Kawwas, SEC, Stock Transaction, RSUs, Employee Stock Purchase Plan