Form 4: Broadcom Executive Sells Shares for Tax Obligations

Broadcom's Chief Legal & Corporate Affairs Officer, Mark Brazeal, sold 40,280 shares of common stock on December 17, 2025, to cover tax withholding obligations related to RSU vesting.

Summary

• Mark David Brazeal, Broadcom's Chief Legal & Corporate Affairs Officer, sold a total of 40,280 shares of Broadcom Inc. common stock.
• The sales occurred on December 17, 2025, at weighted average prices ranging from $322.288 to $345.013 per share.
• These transactions were automatic sales executed to cover withholding taxes due upon the vesting of restricted stock units (RSUs), as required under the relevant RSU awards.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating they were pre-scheduled.
• Following these transactions, Brazeal beneficially owns 266,494 shares of Broadcom common stock, which includes 159,063 RSUs.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a non-discretionary sale to cover tax obligations upon RSU vesting, which is a routine event and does not indicate a change in management's confidence or company fundamentals.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning. Such sales are common for executives receiving equity compensation across the technology and semiconductor industries.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary sale for tax purposes, not indicative of a loss of confidence by the executive.
• Employees: No direct impact.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units, executed under a Rule 10b5-1 plan. Such transactions are common and do not typically signal a change in the company's fundamentals or the executive's long-term outlook. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Broadcom, AVGO, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Mark Brazeal, Corporate Officer