Samueli Foundation Plans Major Broadcom Stock Sale Following Previous $23.6M Exit

Rhea-AI Filing Summary

Broadcom's Chairman Files Amended Form 144/A for Planned Stock Sale

The Samueli Foundation, associated with Broadcom's Chairman of the Board, has filed an amended Form 144/A to correct the adoption date of their Rule 10b5-1 trading plan. The foundation plans to sell 192,024 shares of Broadcom common stock with an aggregate market value of $51.6 million through Northern Trust Securities on the NASDAQ.

Key details:

• Trading plan adoption date corrected to December 18, 2024 (previously reported as January 10, 2024)
• Shares were originally acquired through gifts from D95GT, LLC (97,244 shares) and H & S Investments LLP (94,780 shares) in August 1991
• Previous sale reported: 136,248 shares sold on March 27, 2025, for proceeds of $23.6 million
• Total outstanding shares: 4,701,948,717

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Accepted by SEC EDGAR 06/27/2025 - 12:18 PM Learn about SEC filing dates

FAQ

How many Broadcom (AVGO) shares is the Samueli Foundation selling on June 26, 2025?

According to the Form 144/A filing, the Samueli Foundation plans to sell 192,024 shares of Broadcom Inc. (AVGO) common stock through Northern Trust Securities, Inc., with an aggregate market value of $51,608,005.39.

What was the previous AVGO stock sale by Samueli Foundation in the past 3 months?

The Samueli Foundation previously sold 136,248 shares of Broadcom (AVGO) common stock on March 27, 2025, generating gross proceeds of $23,611,655.78.

Why did Broadcom (AVGO) file this Form 144/A amendment?

The Form 144/A was filed to correct the date of adoption of the Rule 10b5-1 trading plan. The correct adoption date is December 18, 2024, not January 10, 2024 as previously reported in the original Form 144 filed on June 26, 2025.

What is the relationship between the Samueli Foundation and Broadcom (AVGO)?

The filing indicates that the Samueli Foundation's securities sale is connected to the Chairman of the Board of Broadcom, Inc., showing an insider relationship between the selling entity and the company.

How did the Samueli Foundation acquire these AVGO shares being sold?

The shares being sold were acquired through gifts on August 14, 1991, with 97,244 shares from D95GT, LLC and 94,780 shares from H & S Investments LLP, totaling 192,024 shares.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144/A

144/A: Filer Information

Filer CIK	0001996005
Filer CCC	XXXXXXXX
Previous Accession Number Of The Filing	0001973727-25-000018
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144/A: Issuer Information

Name of Issuer	Broadcom Inc.
SEC File Number	001-38449
Address of Issuer	3421 HILLVIEW AVENUE PALO ALTO CALIFORNIA 94304
Phone	650-427-6000
Name of Person for Whose Account the Securities are To Be Sold	Samueli Foundation
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Chairman of the Board of Broadcom, Inc.

144/A: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Northern Trust Securities, Inc. 50 S LaSalle Street Chicago IL 60603	192024	51608005.39	4701948717	06/26/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/14/1991	Gifted Shares	D95GT, LLC		08/14/1991	97244	06/26/2025	Gifted Shares
Common Stock	08/14/1991	Gifted Shares	H & S Investments LLP		08/14/1991	94780	06/26/2025	Gifted Shares

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Samueli Foundation 2101 East Coast Highway Third Floor Corona Del Mar CA 92625	Common Stock	03/27/2025	136248	23611655.78

144/A: Remarks and Signature

Remarks	This amendment is being filed to correct the date of adoption of the Rule 10b5-1 trading plan originally disclosed in the Form 144 filed on June 26, 2025. The correct date of adoption of the Rule 10b5-1 plan is December 18, 2024, not January 10, 2024, as previously reported. All other information in the original Form 144 remains unchanged.
Date of Notice	06/27/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	12/18/2024
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Michael Schulman on behalf of Samueli Foundation
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)