Broadcom (NASDAQ: AVGO) counsel sells 25,000 shares in open market
Rhea-AI Filing Summary
Broadcom Inc. (AVGO) executive Mark Brazeal, Chief Legal & Corp Affairs Officer, reported an open-market sale of 25,000 shares of common stock on July 10, 2026 at a weighted average price of $401.329 per share. Following the sale, he directly holds 194,989 shares, including 123,750 restricted stock units. The transaction was executed in multiple trades between $401.22 and $401.47 per share.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 25,000 shares ($10,033,225)
Net Sell
1 txn
Insider
Brazeal Mark David
Role
Chief Legal & Corp Affairs Ofc
Sold
25,000 shs ($10.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.001 par value | 25,000 | $401.329 | $10.03M |
Holdings After Transaction:
Common Stock, $0.001 par value — 194,989 shares (Direct)
Footnotes (1)
- The prices reported in column 4 above reflect the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the ranges set forth in the following footnotes. Transaction executed in multiple trades at prices ranging from $401.22 to $401.47 per share. Includes 123,750 restricted stock units.
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $401.329 per share
Shares held after sale: 194,989 shares
+2 more
5 metrics
Shares sold
25,000 shares
Common Stock, $0.001 par value sold on July 10, 2026
Weighted average sale price
$401.329 per share
Weighted average price for the 25,000-share open-market sale
Shares held after sale
194,989 shares
Direct holdings of Mark Brazeal following the reported transaction
Trade price range
$401.22 to $401.47 per share
Price range for multiple trades comprising the reported sale
Restricted stock units included
123,750 units
Restricted stock units included within the reported direct holdings
Key Terms
weighted average sale price, restricted stock units, open-market sale
3 terms
weighted average sale price financial
"The prices reported in column 4 above reflect the weighted average sale price per share."
restricted stock units financial
"Includes 123,750 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.
open-market sale financial
"transaction_action is described as an open-market sale of common stock."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Mark Brazeal report for Broadcom (AVGO)?
Mark Brazeal, Broadcom's Chief Legal & Corp Affairs Officer, reported an open-market sale of 25,000 shares of Broadcom common stock on July 10, 2026. The sale was disclosed in a Form 4 insider filing and involved non-derivative common stock.
What is Mark Brazeal's position at Broadcom (AVGO) in this Form 4?
In this filing, Mark Brazeal is identified as an officer of Broadcom, serving as the Chief Legal & Corp Affairs Officer. He is not listed as a director or 10% owner, and the reported transaction involves his direct ownership in Broadcom common stock.