Broadcom Insider Filing Reveals Multi-Million Dollar Stock Transaction Plan
Rhea-AI Filing Summary
Broadcom (AVGO) Form 144 filing details proposed sale of securities by insider Kirsten Spears. The filing indicates planned sale of 36,350 shares of common stock with an aggregate market value of $9,497,138 through Fidelity Brokerage Services on NASDAQ, scheduled for June 24, 2025.
The securities were acquired through two restricted stock vesting events:
- 130 shares on March 14, 2024
- 36,220 shares on March 15, 2024
Recent trading activity shows Spears previously sold 56,310 shares on June 18, 2025, generating proceeds of $14,176,019. The total outstanding shares of Broadcom stand at 4,703,470,979. This Form 144 represents a standard insider disclosure for proposed sale of restricted or control securities under SEC Rule 144.
Positive
- None.
Negative
- Insider Kirsten Spears sold 36,350 shares worth approximately $9.5M, following a recent sale of 56,310 shares worth $14.2M in June 2025, indicating significant insider selling activity within a short timeframe
FAQ
How many AVGO shares is Kirsten Spears planning to sell according to the Form 144 filed on June 28, 2025?
What was the source of AVGO shares that Kirsten Spears is planning to sell?
Has Kirsten Spears sold any other AVGO shares in the past 3 months before this Form 144?
What is the total market value of AVGO shares Kirsten Spears plans to sell in this Form 144?
What percentage of AVGO's outstanding shares does Kirsten Spears' proposed sale represent?