[Form 4] Broadcom Inc. Insider Trading Activity

Rhea-AI Filing Summary

Charlie B. Kawwas, President of Broadcom Inc.'s Semiconductor Solutions Group and an officer of AVGO, reported multiple open-market sales of Common Stock on September 16-17, 2025. The Form 4 shows a sequence of sales executed under code "S" to cover tax withholding on vested restricted stock units (RSUs). Reported weighted-average sale prices range across transactions (examples: $357.41, $358.57, $359.74, up to $365.33 and down to $343.93), and the filing notes the inclusion of 12,500 RSUs in holdings. Direct beneficial ownership reported in the table declined from 31,588 shares to 25,295 shares across the reported transactions. The filing also discloses indirect holdings: a trust owning 789,784 shares and small holdings attributed to family members.

Positive

• Transparent disclosure of multiple sale transactions with weighted-average prices and footnotes detailing price ranges
• Explanation provided that sales were automatic transactions to cover tax withholding on vested RSUs
• Material indirect ownership disclosed (trust holding of 789,784 shares), improving shareholder visibility into ownership structure
• Willingness to provide trade-level details upon request as stated in footnotes

Negative

• Direct beneficial ownership declined from 31,588 to 25,295 shares over the reported transactions
• Multiple sales over two days could be interpreted by some market participants as increased insider selling activity, though filing states tax withholding purpose

Insights

Financial Analyst

TL;DR: Routine withholding sales from RSU vesting; modest reduction in direct holdings while significant indirect ownership remains via trust.

The Form 4 describes a series of sales on September 16-17, 2025 executed under the issuer's RSU withholding procedure. Transaction codes and footnotes indicate these were automatic sales to satisfy tax obligations rather than discretionary divestitures. Direct beneficial ownership declines from 31,588 to 25,295 shares across the entries, while indirect ownership (notably a trust with 789,784 shares) remains material. For investors, this is an informational disclosure of officer tax-withholding activity rather than an operational signal about Broadcom's business performance.

Corporate Governance Expert

TL;DR: Compliance filing documents standard insider sales for tax withholding; signature and footnotes provide transparency on execution and price ranges.

The submission appears complete for a Form 4: it lists the reporting person, relationship to the issuer, transaction dates, codes, quantities, weighted average prices, explanatory footnotes about price ranges, and an attorney-in-fact signature. The explicit undertaking to provide trade-by-trade details upon request and the clear labeling of the transactions as RSU withholding strengthen disclosure quality. This filing is consistent with routine insider reporting obligations and does not by itself indicate governance concerns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kawwas Charlie B

(Last) (First) (Middle)

C/O BROADCOM INC.

3421 HILLVIEW AVENUE

(Street)

PALO ALTO CA 94304

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Broadcom Inc. [ AVGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Semi Solutions Grp

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.001 par value	09/16/2025		S		104(1)	D	$357.412(2)	31,588(3)	D
Common Stock, $0.001 par value	09/16/2025		S		369(1)	D	$358.565(4)	31,219(3)	D
Common Stock, $0.001 par value	09/16/2025		S		588(1)	D	$359.735(5)	30,631(3)	D
Common Stock, $0.001 par value	09/16/2025		S		849(1)	D	$360.519(6)	29,782(3)	D
Common Stock, $0.001 par value	09/16/2025		S		315(1)	D	$361.653(7)	29,467(3)	D
Common Stock, $0.001 par value	09/16/2025		S		189(1)	D	$362.874(8)	29,278(3)	D
Common Stock, $0.001 par value	09/16/2025		S		54(1)	D	$364.25	29,224(3)	D
Common Stock, $0.001 par value	09/16/2025		S		36(1)	D	$365.325	29,188(3)	D
Common Stock, $0.001 par value	09/17/2025		S		419(1)	D	$343.926(9)	28,769(3)	D
Common Stock, $0.001 par value	09/17/2025		S		997(1)	D	$345.292(10)	27,772(3)	D
Common Stock, $0.001 par value	09/17/2025		S		505(1)	D	$346.494(11)	27,267(3)	D
Common Stock, $0.001 par value	09/17/2025		S		609(1)	D	$347.498(12)	26,658(3)	D
Common Stock, $0.001 par value	09/17/2025		S		480(1)	D	$349.043(13)	26,178(3)	D
Common Stock, $0.001 par value	09/17/2025		S		345(1)	D	$350.177(14)	25,833(3)	D
Common Stock, $0.001 par value	09/17/2025		S		145(1)	D	$352.071(15)	25,688(3)	D
Common Stock, $0.001 par value	09/17/2025		S		177(1)	D	$353.382(16)	25,511(3)	D
Common Stock, $0.001 par value	09/17/2025		S		72(1)	D	$354.977(17)	25,439(3)	D
Common Stock, $0.001 par value	09/17/2025		S		75(1)	D	$357.64(18)	25,364(3)	D
Common Stock, $0.001 par value	09/17/2025		S		69(1)	D	$358.69(19)	25,295(3)	D
Common Stock, $0.001 par value								789,784	I	By Trust
Common Stock, $0.001 par value								700	I	By Child 1
Common Stock, $0.001 par value								700	I	By Child 2
Common Stock, $0.001 par value								700	I	By Child 3
Common Stock, $0.001 par value								700	I	By spouse as custodian for Child 4

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were sold through automatic transactions to cover withholding taxes due upon vesting of restricted stock units ("RSUs") as required under the relevant RSU awards.

2. Transaction executed in multiple trades at prices ranging from $357.09 to $357.85 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

3. Includes 12,500 RSUs.

4. Transaction executed in multiple trades at prices ranging from $358.11 to $358.81 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

5. Transaction executed in multiple trades at prices ranging from $359.20 to $360.18 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

6. Transaction executed in multiple trades at prices ranging from $360.21 to $360.97 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

7. Transaction executed in multiple trades at prices ranging from $361.33 to $361.98 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

8. Transaction executed in multiple trades at prices ranging from $362.50 to $363.11 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

9. Transaction executed in multiple trades at prices ranging from $343.40 to $344.39 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

10. Transaction executed in multiple trades at prices ranging from $344.86 to $345.85 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

11. Transaction executed in multiple trades at prices ranging from $345.91 to $346.87 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

12. Transaction executed in multiple trades at prices ranging from $347.12 to $347.90 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

13. Transaction executed in multiple trades at prices ranging from $348.50 to $349.25 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

14. Transaction executed in multiple trades at prices ranging from $349.85 to $350.70 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

15. Transaction executed in multiple trades at prices ranging from $351.83 to $352.58 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

16. Transaction executed in multiple trades at prices ranging from $353.02 to $353.80 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

17. Transaction executed in multiple trades at prices ranging from $354.80 to $355.33 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

18. Transaction executed in multiple trades at prices ranging from $357.20 to $357.99 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

19. Transaction executed in multiple trades at prices ranging from $358.26 to $359.00 per share, inclusive. The price reported in column 4 above reflects 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 range set forth in this footnote.

Remarks:

	/s/ Noelle Matteson, Attorney-in-Fact for Charlie B Kawwas	09/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Broadcom (AVGO) officer Charlie B. Kawwas report on Form 4?

The Form 4 reports multiple sales of Common Stock by Charlie B. Kawwas on September 16-17, 2025, executed to cover tax withholding on vested RSUs.

Were the sales by Charlie B. Kawwas routine or discretionary?

The filing states the sales were automatic transactions to cover withholding taxes due upon vesting of RSUs, indicating routine tax-withholding sales.

How did these transactions affect direct beneficial ownership?

Direct beneficial ownership shown in the table decreased from 31,588 shares to 25,295 shares across the reported transactions.

What prices were the shares sold at?

Weighted-average prices are reported for each trade group (examples include $357.41, $358.57, $359.74, with other ranges noted down to $343.93), and footnotes give per-trade price ranges.

Does the filing disclose other holdings by the reporting person?

Yes. The filing discloses indirect ownership including a trust holding of 789,784 shares and small holdings attributed to family members (several entries of 700 shares).

Who signed the Form 4 for Charlie B. Kawwas?

The Form 4 is signed by Noelle Matteson, Attorney-in-Fact for Charlie B. Kawwas on 09/18/2025.