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[Form 4] Broadcom Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Justine F. Page, a director of Broadcom Inc. (AVGO), reported a sale of 800 shares of Broadcom common stock on 09/15/2025 at a reported price of $360 per share. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 9, 2025, which is a prearranged plan that can authorize transactions regardless of subsequent material nonpublic information.

After the reported sale, the reporting person beneficially owns 22,982 shares in total, which the filing notes includes 1,602 restricted stock units. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.

Positive

  • Sale executed under a Rule 10b5-1 trading plan, indicating the transaction was prearranged and follows insider trading compliance protocols.
  • Reporting person retains 22,982 shares, including restricted stock units, showing ongoing equity ownership in Broadcom.

Negative

  • None.

Insights

TL;DR: Director sold a small number of shares under a prearranged 10b5-1 plan; ownership remains substantial at 22,982 shares.

The sale of 800 shares at $360 per share appears routine and was executed under an established Rule 10b5-1 plan, indicating it was pre-scheduled rather than opportunistic trading. The remaining beneficial ownership of 22,982 shares, including 1,602 restricted stock units, suggests continued alignment with shareholder interests. This Form 4 discloses no option exercises, no purchases, and no change to derivative positions.

TL;DR: Governance protocols followed: sale via 10b5-1 plan and attorney-in-fact signature document proper procedural adherence.

The filing explicitly documents use of a Rule 10b5-1 plan adopted on January 9, 2025, and shows the signature was executed by an attorney-in-fact on September 17, 2025. These facts indicate compliance with standard insider trading governance and reporting procedures. There are no disclosures of amendments, joint filings, or indirect ownership structures beyond the noted restricted stock units.

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*
PAGE JUSTINE

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
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 09/15/2025 S(1) 800 D $360 22,982(2) D
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. Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 9, 2025.
2. Includes 1,602 restricted stock units.
Remarks:
/s/ Noelle Matteson, Attorney-in-Fact for Justine F. Page 09/17/2025
** 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 Justine F. Page report on Form 4 for AVGO?

The Form 4 reports the sale of 800 shares of Broadcom common stock on 09/15/2025 at a price of $360 per share.

Was the insider sale by AVGO director part of a 10b5-1 plan?

Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted on January 9, 2025.

How many Broadcom shares does the reporting person own after the sale?

Following the reported transaction, the reporting person beneficially owns 22,982 shares, which includes 1,602 restricted stock units.

Who signed the Form 4 for Justine F. Page?

The Form 4 was signed by Noelle Matteson, Attorney-in-Fact for Justine F. Page on 09/17/2025.

Does the Form 4 disclose any derivative or option transactions?

No. Table II for derivative securities shows no reported transactions or holdings in this filing.
Broadcom Inc

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