Broadcom Legal Chief's $12.6M Stock Sale Follows Previous Dispositions
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Broadcom insider Mark Brazeal has filed Form 144 indicating intent to sell 50,000 shares of common stock with an aggregate market value of $12,664,250. The proposed sale is scheduled for June 23, 2025, through Fidelity Brokerage Services on NASDAQ.
The shares were acquired on March 15, 2025, through restricted stock vesting as compensation. The filing reveals previous sales by Brazeal in the past 3 months:
- March 24, 2025: 30,000 shares for $5,839,504
- April 11, 2025: 25,000 shares for $4,500,000
This planned sale represents approximately 0.001% of Broadcom's 4.7 billion outstanding shares. The Form 144 filing is required for proposed sales by affiliates of restricted or control securities, with the seller confirming no knowledge of undisclosed material adverse information about the company.
Positive
- None.
Negative
- None.
FAQ
What previous AVGO stock sales were reported by the insider in the past 3 months?
The insider, Mark Brazeal, made two previous sales: 30,000 shares on March 24, 2025 for gross proceeds of $5,839,504.59, and 25,000 shares on April 11, 2025 for gross proceeds of $4,500,000.00.