AVGO.NASDAQBroadcom INC

Form 4: Henry Samueli Reports Changes in Broadcom Inc. Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Henry Samueli, a director at Broadcom Inc., reports the acquisition of restricted stock units and adjustments to his beneficial ownership of common stock.

Summary

  • On April 21, 2025, Henry Samueli, a director of Broadcom Inc., reported changes in his beneficial ownership of the company's stock.
  • Samueli acquired 1,602 restricted stock units (RSUs) which convert to common stock upon vesting.
  • The RSUs vest on the earlier of the first anniversary of the vesting commencement date (April 21, 2025) or the date of the next annual stockholder meeting, contingent on continued service.
  • Samueli also reported indirect beneficial ownership of 38,662,473 shares held by D95GT LLC, 31,573,990 shares held by H&S Investments I L.P., 12,272,030 shares held by E95GT LLC, and 4,596,900 shares held by H&S Portfolio II L.P.
  • Samueli disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

  • The grant of RSUs to a director aligns their interests with those of the shareholders.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continuing service.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The grant of RSUs aligns the director's interests with shareholders.

Key Dates

DateDescription
04/21/2025Date of earliest transaction (grant of RSUs)
04/21/2025Vesting Commencement Date
04/21/2026First anniversary of the Vesting Commencement Date
04/23/2025Date of Form 4 filing

Keywords

Broadcom, Henry Samueli, beneficial ownership, Form 4, restricted stock units, RSUs, director, AVGO

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