Broadcom (NASDAQ: AVGO) legal chief sells 25,000 shares at $387
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Broadcom Inc. reported that Chief Legal & Corp Affairs Officer Mark David Brazeal completed an open-market sale of 25,000 shares of common stock at $387.00 per share on June 25, 2026. Following this sale, he directly holds 244,989 shares, which include 123,750 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($9,675,000)
Net Sell
1 txn
Insider
Brazeal Mark David
Role
Chief Legal & Corp Affairs Ofc
Sold
25,000 shs ($9.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.001 par value | 25,000 | $387.00 | $9.68M |
Holdings After Transaction:
Common Stock, $0.001 par value — 244,989 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 25,000 shares
Sale price per share: $387.00 per share
Shares held after transaction: 244,989 shares
+1 more
4 metrics
Shares sold
25,000 shares
Open-market sale on June 25, 2026
Sale price per share
$387.00 per share
Common Stock, $0.001 par value
Shares held after transaction
244,989 shares
Direct holdings following sale
Restricted stock units included
123,750 RSUs
Part of post-transaction holdings
Key Terms
restricted stock units, open-market sale, Form 4, Common Stock, $0.001 par value
4 terms
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."
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.
Form 4 regulatory
"The transaction was reported on a Form 4 insider report."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock, $0.001 par value financial
"Security title is Common Stock, $0.001 par value."
FAQ
What insider transaction did Broadcom (AVGO) disclose for Mark David Brazeal?
Broadcom disclosed that Chief Legal & Corp Affairs Officer Mark David Brazeal executed an open-market sale of 25,000 shares of common stock at $387.00 per share on June 25, 2026, according to a Form 4 insider trading report.
Does Mark David Brazeal’s Broadcom (AVGO) position include restricted stock units?
Yes. A filing footnote states that his post-transaction position of 244,989 shares includes 123,750 restricted stock units. Restricted stock units are share-based awards that typically vest over time, adding a deferred compensation component to his holdings.
What does transaction code "S" mean in the Broadcom (AVGO) Form 4 filing?
Transaction code "S" in the Broadcom Form 4 indicates a sale of securities in the open market or a private transaction. In this case, it describes Mark David Brazeal’s sale of 25,000 common shares at $387.00 per share on June 25, 2026.
Is Mark David Brazeal’s Broadcom (AVGO) sale an open-market transaction?
Yes. The Form 4 identifies the transaction as an open-market sale, with a transaction action described as "open-market sale" and code "S." He sold 25,000 Broadcom common shares at $387.00 per share in this reported trade.