Broadcom Insider's $13.1M Sale Follows $23M in Recent Stock Dispositions
Rhea-AI Filing Summary
Form 144 Notice filed by Broadcom insider regarding proposed sale of 50,000 shares of common stock with an aggregate market value of $13.1 million through Fidelity Brokerage Services, planned for June 24, 2025.
The securities to be sold were acquired through two restricted stock vesting events:
- 48,460 shares on March 15, 2024
- 1,540 shares on March 15, 2025
The filing discloses previous sales by the same insider (Mark Brazeal) in the past 3 months totaling 105,000 shares with combined proceeds of $23 million across three transactions:
- March 24, 2025: 30,000 shares for $5.8M
- April 11, 2025: 25,000 shares for $4.5M
- June 23, 2025: 50,000 shares for $12.7M
Positive
- None.
Negative
- Chief Legal Officer Mark Brazeal has sold a total of 105,000 shares worth approximately $23 million in the past 3 months, indicating significant insider selling pressure
- Current proposed sale of 50,000 shares represents the third large sale by the same insider within a quarter, suggesting a consistent pattern of share disposition
FAQ
How many AVGO shares are being sold according to the Form 144 filing from June 2025?
When did the AVGO insider acquire the shares being sold in this Form 144?
What is the recent trading history for this AVGO insider according to the Form 144?
What is AVGO's total shares outstanding as reported in the June 2025 Form 144?
When is the approximate date of sale for these AVGO shares?