Form 4: Broadcom Executive Sells 25,200 Shares in Recent Transaction

Broadcom's President of Semi Solutions Group, Charlie B Kawwas, sold 25,200 shares of common stock at an average price of $168.274 per share.

Summary

• Charlie B Kawwas, President of Semi Solutions Group at Broadcom Inc., sold 25,200 shares of Broadcom common stock on September 19, 2024.
• The sale was executed at a weighted average price of $168.274 per share, with individual trades ranging from $168.24 to $168.38.
• Following the transaction, Mr. Kawwas directly owns 82,990 shares and indirectly owns 753,280 shares through a trust.
• He also has indirect ownership of 550 shares each through four children and a spouse as custodian for another child.
• The share amounts have been adjusted to reflect a ten-for-one forward stock split that occurred on July 12, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive stock sale, which is a routine event. There is no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies. It does not indicate any specific trend in the semiconductor industry.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, particularly in the technology sector.
• Similar filings are regularly made by executives at companies like Qualcomm, Intel, and Nvidia.
• The volume of shares sold is not unusual for an executive at this level, and the price is consistent with the current market value of Broadcom stock.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is unlikely to be significant given the volume of shares traded daily.
• The transaction does not directly impact employees, customers, or suppliers.

Key Dates

Keywords

Broadcom, stock sale, executive, insider trading, share transaction, common stock, Charlie B Kawwas