Broadcom (AVGO) director Justine Page sells 1,602 shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Broadcom Inc. director Justine Page sold 1,602 shares of common stock in an open-market transaction at a price of $373.855 per share. After this sale, Page directly holds 17,426 Broadcom shares, which include 864 restricted stock units that represent share-based compensation scheduled to vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,602 shares ($598,916)
Net Sell
1 txn
Insider
PAGE JUSTINE
Role
null
Sold
1,602 shs ($599K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.001 par value | 1,602 | $373.855 | $599K |
Holdings After Transaction:
Common Stock, $0.001 par value — 17,426 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,602 shares
Sale price per share: $373.855 per share
Shares held after transaction: 17,426 shares
+1 more
4 metrics
Shares sold
1,602 shares
Open-market sale of Broadcom common stock
Sale price per share
$373.855 per share
Price for the 1,602 shares sold
Shares held after transaction
17,426 shares
Director’s direct holdings following the sale
Restricted stock units included
864 RSUs
Included within post-transaction holdings
Key Terms
open-market sale, restricted stock units, Common Stock, $0.001 par value
3 terms
open-market sale financial
"1,602 shares of common stock in an open-market transaction at a price of $373.855 per share"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"Page directly holds 17,426 Broadcom shares, which include 864 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock, $0.001 par value financial
"Common Stock, $0.001 par value"
FAQ
What insider transaction did Broadcom (AVGO) director Justine Page report?
Director Justine Page reported an open-market sale of 1,602 Broadcom shares. The transaction involved common stock at a price of $373.855 per share, reflecting a routine portfolio move rather than a company-level corporate action or financing event.
Does Justine Page’s Broadcom (AVGO) position include restricted stock units?
Yes. The filing notes that Page’s holdings include 864 restricted stock units. Restricted stock units are share-based awards that typically vest over time, adding to the insider’s future share ownership as vesting conditions are satisfied.
Was the Broadcom (AVGO) insider transaction a buy or a sell?
The transaction was a sell, specifically an open-market sale of common stock. The filing classifies it under code “S,” indicating a sale in the open market or a private transaction rather than a grant, option exercise, or tax-withholding event.