Form 4: Broadcom Executive Sells $10.4M in Stock
Insider Transaction Report
Broadcom's Chief Legal & Corporate Affairs Officer, Mark Brazeal, sold 30,000 shares of common stock for approximately $10.4 million.
Summary
- Mark Brazeal, Chief Legal & Corporate Affairs Officer of Broadcom Inc., sold a total of 30,000 shares of the company's common stock.
- The transactions occurred on January 6, 2026, and were executed pursuant to a Rule 10b5-1 plan.
- The first sale involved 24,113 shares at a weighted average price of $346.992 per share, with prices ranging from $346.485 to $347.470.
- The second sale involved 5,887 shares at a weighted average price of $347.66 per share, with prices ranging from $347.480 to $347.850.
- The total estimated proceeds from these sales amount to approximately $10,410,980.
- Following these transactions, Mark Brazeal beneficially owns 210,573 shares of Broadcom common stock, which includes 159,063 restricted stock units.
Sentiment
Score: 5
Explanation: A neutral filing reporting an insider stock sale. It's a routine disclosure for personal financial planning, often under a 10b5-1 plan, and does not inherently indicate positive or negative sentiment towards the company's performance or future prospects.
Future Outlook
This Form 4 filing reports an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects a personal financial decision by an executive rather than a company-wide strategic move.
Stakeholder Impact
- Shareholders might interpret the insider sale as a signal, though these transactions are often pre-scheduled under Rule 10b5-1 plans for personal financial management and do not necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Date of common stock transactions by Mark Brazeal. |
| 01/08/2026 | Signature date of the reporting person's attorney-in-fact for the filing. |
Keywords
Broadcom, AVGO, Insider Sale, Form 4, Mark Brazeal, Stock Transaction, Chief Legal Officer, Corporate Affairs Officer, Equity Sales, 10b5-1 Plan
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