[144] Broadcom Inc. SEC Filing
Rhea-AI Filing Summary
Broadcom insider Hock E. Tan Trust has filed Form 144 indicating intent to sell 40,000 shares of common stock with an aggregate market value of $10.7 million through Fidelity Brokerage Services. The planned sale is scheduled for June 26, 2025 on NASDAQ.
The shares were originally acquired on November 6, 2024 through restricted stock vesting as compensation. This follows a recent sale by the same trust of 40,000 shares on June 24, 2025, which generated gross proceeds of $10.49 million.
Key transaction details:
- Total outstanding shares: 4.70 billion
- Acquisition method: Restricted stock vesting
- Trading venue: NASDAQ
- Broker: Fidelity Brokerage Services LLC
Positive
- None.
Negative
- CEO Hock Tan's trust is selling 40,000 shares worth approximately $10.7M, following another recent sale of 40,000 shares worth $10.5M in the past 3 months, indicating consistent insider selling pattern