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[Form 4] Broadcom Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Broadcom Inc. (AVGO) Form 4 filing dated 18-Jun-2025 discloses that director Justine F. Page sold 800 shares of Broadcom common stock on 16-Jun-2025 at an average price of $250.35, generating proceeds of roughly $200,000. The transaction was executed pursuant to a Rule 10b5-1 trading plan that Page adopted on 9-Jan-2025, indicating the trade was pre-scheduled and not the result of contemporaneous discretionary action.

Following the sale, Page continues to hold 25,382 shares directly, a figure that includes 1,602 restricted stock units (RSUs). No purchases or derivative security transactions were reported in the filing. The director remains on Broadcom’s board, and there is no change to executive roles or company operations noted. While the dollar amount is modest relative to Broadcom’s market capitalization, the disclosure provides investors with timely visibility into insider trading activity and the director’s remaining stake.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine 800-share sale under 10b5-1; minimal strategic significance.

Insider activity shows a director converting a small portion of holdings (~3% of her post-sale stake) into cash. Because the trade was executed under a pre-arranged 10b5-1 plan, it carries limited signalling value regarding future corporate prospects. The remaining 25,382-share position, including 1,602 RSUs, suggests continued alignment with shareholders. No derivative positions were opened or closed, and the filing does not hint at operational or financial shifts for Broadcom. From a valuation or earnings standpoint, this is immaterial and should not influence an investment thesis on AVGO.

TL;DR: Governance-compliant disclosure; transparency good, impact neutral.

The trade’s disclosure within two business days meets Section 16(a) timeliness requirements and the presence of a Rule 10b5-1 plan mitigates concerns about informational advantage. The director’s sizable residual stake maintains alignment incentives. There are no red flags such as clustered insider selling or unexplained disposals. Overall, the event is standard governance practice and unlikely to sway institutional voting or stewardship perspectives.

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).
X
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*
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)
06/16/2025
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 06/16/2025 S(1) 800 D $250.35 25,382(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 06/18/2025
** 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.
Broadcom Inc

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United States
PALO ALTO