Were Velaga S. Ram’s Broadcom (AVGO) share sales discretionary trades?

The reported sales were not discretionary trades . Footnotes state the shares were sold through automatic transactions solely to cover tax withholding obligations triggered by RSU vesting, as required under the relevant RSU awards, rather than elective open-market selling for investment reasons.

Does the Form 4 show any new Broadcom (AVGO) share acquisitions by Velaga S. Ram?

Yes. A footnote states that Ram’s holdings include 68 shares acquired under Broadcom’s Employee Stock Purchase Plan on March 13, 2026. These ESPP shares are part of his post-transaction ownership disclosed in the filing.

Broadcom (NASDAQ: AVGO) president sells shares for RSU tax withholding

Q: What did Broadcom (AVGO) executive Velaga S. Ram report in this Form 4?

Velaga S. Ram reported multiple sales totaling 64,379 Broadcom shares over March 16–17, 2026. The filing explains these were automatic sales to cover withholding taxes owed upon vesting of restricted stock units under existing RSU award terms.

Q: How many Broadcom (AVGO) shares does Velaga S. Ram hold after these transactions?

After the reported sales, Velaga S. Ram directly holds 96,147 Broadcom shares . The filing also shows an indirect holding of 35 shares through a child, giving a combined visible position of 96,182 shares following the March 2026 transactions.

Q: At what prices were the Broadcom (AVGO) shares sold in Ram’s Form 4?

The reported sales occurred in multiple trades at prices ranging from about $317.33 to $329.12 per share. Each line item reflects a weighted average price, with footnotes detailing narrower execution ranges for the grouped transactions.

Q: How many Broadcom (AVGO) shares did Velaga S. Ram sell according to the transaction summary?

The transaction summary reports that Ram sold 64,379 shares of Broadcom common stock across 18 sale transactions. All of these entries are classified as non-derivative open-market sales tied to RSU-related tax withholding, rather than option exercises or derivative conversions.

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Broadcom Inc. executive Velaga S. Ram, President of ISG, reported selling 64,379 shares of common stock on March 16–17, 2026 in multiple open-market transactions. Footnotes state these sales were automatic transactions to cover withholding taxes due upon vesting of restricted stock units, as required under the RSU awards, rather than discretionary trading.

Sale prices ranged from $317.33 to $329.12 per share. After these transactions, Ram directly held 96,147 shares of Broadcom common stock and indirectly held 35 shares through a child, and the holdings include 68 shares acquired under the employee stock purchase plan on March 13, 2026.

Insider Trade Summary

Net Seller: 64,379 shares ($20,819,103)

Net Sell 19 txns

Insider Velaga S. Ram

Role President, ISG

Sold 64,379 shs ($20.82M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.001 par value	3,132	$317.946	$996K
Sale	Common Stock, $0.001 par value	3,839	$318.74	$1.22M
Sale	Common Stock, $0.001 par value	6,405	$319.972	$2.05M
Sale	Common Stock, $0.001 par value	5,796	$320.818	$1.86M
Sale	Common Stock, $0.001 par value	5,423	$321.895	$1.75M
Sale	Common Stock, $0.001 par value	5,632	$322.855	$1.82M
Sale	Common Stock, $0.001 par value	2,543	$323.824	$823K
Sale	Common Stock, $0.001 par value	3,317	$324.843	$1.08M
Sale	Common Stock, $0.001 par value	2,266	$325.93	$739K
Sale	Common Stock, $0.001 par value	488	$326.718	$159K
Sale	Common Stock, $0.001 par value	360	$322.104	$116K
Sale	Common Stock, $0.001 par value	1,758	$323.129	$568K
Sale	Common Stock, $0.001 par value	3,574	$324.196	$1.16M
Sale	Common Stock, $0.001 par value	4,795	$325.008	$1.56M
Sale	Common Stock, $0.001 par value	4,134	$326.096	$1.35M
Sale	Common Stock, $0.001 par value	4,069	$327.129	$1.33M
Sale	Common Stock, $0.001 par value	6,040	$328.131	$1.98M
Sale	Common Stock, $0.001 par value	808	$328.766	$266K
holding	Common Stock, $0.001 par value	--	--	--

Holdings After Transaction: Common Stock, $0.001 par value — 131,856 shares (Direct); Common Stock, $0.001 par value — 35 shares (Indirect, By Child)

Footnotes (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. 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 $321.57 to $322.56 per share. Includes 68 shares acquired under the Issuer's Employee Stock Purchase Plan on March 13, 2026. Transaction executed in multiple trades at prices ranging from $322.63 to $323.58 per share. Transaction executed in multiple trades at prices ranging from $323.63 to $324.61 per share. Transaction executed in multiple trades at prices ranging from $324.63 to $325.62 per share. Transaction executed in multiple trades at prices ranging from $325.63 to $326.62 per share. Transaction executed in multiple trades at prices ranging from $326.63 to $327.62 per share. Transaction executed in multiple trades at prices ranging from $327.64 to $328.62 per share. Transaction executed in multiple trades at prices ranging from $328.64 to $329.12 per share. Transaction executed in multiple trades at prices ranging from $317.33 to $318.32 per share. Transaction executed in multiple trades at prices ranging from $318.33 to $319.29 per share. Transaction executed in multiple trades at prices ranging from $319.39 to $320.38 per share. Transaction executed in multiple trades at prices ranging from $320.39 to $321.38 per share. Transaction executed in multiple trades at prices ranging from $321.39 to $322.38 per share. Transaction executed in multiple trades at prices ranging from $322.40 to $323.39 per share. Transaction executed in multiple trades at prices ranging from $323.40 to $324.39 per share. Transaction executed in multiple trades at prices ranging from $324.40 to $325.35 per share. Transaction executed in multiple trades at prices ranging from $325.40 to $326.39 per share. Transaction executed in multiple trades at prices ranging from $326.42 to $326.94 per share.

Form 4 Insider Transactions: What Each Field Means →

03/18/2026 - 08:49 PM

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Velaga S. Ram

(Last)

(First)

(Middle)

C/O BROADCOM INC.

3421 HILLVIEW AVENUE

(Street)

PALO ALTO

CALIFORNIA

94304

(City)

(State)

(Zip)

UNITED STATES

(Country)

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, ISG

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.001 par value	03/16/2026		S		360⁽¹⁾	D	$322.104⁽²⁾	160,166⁽³⁾	D
Common Stock, $0.001 par value	03/16/2026		S		1,758⁽¹⁾	D	$323.129⁽⁴⁾	158,408	D
Common Stock, $0.001 par value	03/16/2026		S		3,574⁽¹⁾	D	$324.196⁽⁵⁾	154,834	D
Common Stock, $0.001 par value	03/16/2026		S		4,795⁽¹⁾	D	$325.008⁽⁶⁾	150,039	D
Common Stock, $0.001 par value	03/16/2026		S		4,134⁽¹⁾	D	$326.096⁽⁷⁾	145,905	D
Common Stock, $0.001 par value	03/16/2026		S		4,069⁽¹⁾	D	$327.129⁽⁸⁾	141,836	D
Common Stock, $0.001 par value	03/16/2026		S		6,040⁽¹⁾	D	$328.131⁽⁹⁾	135,796	D
Common Stock, $0.001 par value	03/16/2026		S		808⁽¹⁾	D	$328.766⁽¹⁰⁾	134,988	D
Common Stock, $0.001 par value	03/17/2026		S		3,132⁽¹⁾	D	$317.946⁽¹¹⁾	131,856	D
Common Stock, $0.001 par value	03/17/2026		S		3,839⁽¹⁾	D	$318.74⁽¹²⁾	128,017	D
Common Stock, $0.001 par value	03/17/2026		S		6,405⁽¹⁾	D	$319.972⁽¹³⁾	121,612	D
Common Stock, $0.001 par value	03/17/2026		S		5,796⁽¹⁾	D	$320.818⁽¹⁴⁾	115,816	D
Common Stock, $0.001 par value	03/17/2026		S		5,423⁽¹⁾	D	$321.895⁽¹⁵⁾	110,393	D
Common Stock, $0.001 par value	03/17/2026		S		5,632⁽¹⁾	D	$322.855⁽¹⁶⁾	104,761	D
Common Stock, $0.001 par value	03/17/2026		S		2,543⁽¹⁾	D	$323.824⁽¹⁷⁾	102,218	D
Common Stock, $0.001 par value	03/17/2026		S		3,317⁽¹⁾	D	$324.843⁽¹⁸⁾	98,901	D
Common Stock, $0.001 par value	03/17/2026		S		2,266⁽¹⁾	D	$325.93⁽¹⁹⁾	96,635	D
Common Stock, $0.001 par value	03/17/2026		S		488⁽¹⁾	D	$326.718⁽²⁰⁾	96,147	D
Common Stock, $0.001 par value								35	I	By Child

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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. 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.

2. Transaction executed in multiple trades at prices ranging from $321.57 to $322.56 per share.

3. Includes 68 shares acquired under the Issuer's Employee Stock Purchase Plan on March 13, 2026.

4. Transaction executed in multiple trades at prices ranging from $322.63 to $323.58 per share.

5. Transaction executed in multiple trades at prices ranging from $323.63 to $324.61 per share.

6. Transaction executed in multiple trades at prices ranging from $324.63 to $325.62 per share.

7. Transaction executed in multiple trades at prices ranging from $325.63 to $326.62 per share.

8. Transaction executed in multiple trades at prices ranging from $326.63 to $327.62 per share.

9. Transaction executed in multiple trades at prices ranging from $327.64 to $328.62 per share.

10. Transaction executed in multiple trades at prices ranging from $328.64 to $329.12 per share.

11. Transaction executed in multiple trades at prices ranging from $317.33 to $318.32 per share.

12. Transaction executed in multiple trades at prices ranging from $318.33 to $319.29 per share.

13. Transaction executed in multiple trades at prices ranging from $319.39 to $320.38 per share.

14. Transaction executed in multiple trades at prices ranging from $320.39 to $321.38 per share.

15. Transaction executed in multiple trades at prices ranging from $321.39 to $322.38 per share.

16. Transaction executed in multiple trades at prices ranging from $322.40 to $323.39 per share.

17. Transaction executed in multiple trades at prices ranging from $323.40 to $324.39 per share.

18. Transaction executed in multiple trades at prices ranging from $324.40 to $325.35 per share.

19. Transaction executed in multiple trades at prices ranging from $325.40 to $326.39 per share.

20. Transaction executed in multiple trades at prices ranging from $326.42 to $326.94 per share.

Remarks:

	/s/ Noelle Matteson, Attorney-in-Fact for S. Ram Velaga	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Broadcom (AVGO) executive Velaga S. Ram report in this Form 4?

Velaga S. Ram reported multiple sales totaling 64,379 Broadcom shares over March 16–17, 2026. The filing explains these were automatic sales to cover withholding taxes owed upon vesting of restricted stock units under existing RSU award terms.

How many Broadcom (AVGO) shares does Velaga S. Ram hold after these transactions?

After the reported sales, Velaga S. Ram directly holds 96,147 Broadcom shares. The filing also shows an indirect holding of 35 shares through a child, giving a combined visible position of 96,182 shares following the March 2026 transactions.

At what prices were the Broadcom (AVGO) shares sold in Ram’s Form 4?

The reported sales occurred in multiple trades at prices ranging from about $317.33 to $329.12 per share. Each line item reflects a weighted average price, with footnotes detailing narrower execution ranges for the grouped transactions.

How many Broadcom (AVGO) shares did Velaga S. Ram sell according to the transaction summary?

The transaction summary reports that Ram sold 64,379 shares of Broadcom common stock across 18 sale transactions. All of these entries are classified as non-derivative open-market sales tied to RSU-related tax withholding, rather than option exercises or derivative conversions.