AVGO Insider Sales by CFO for Tax Withholding; 114,063 RSUs Remain

Q: How many RSUs are disclosed in the filing?

The filing indicates inclusion of 114,063 RSUs in the reporting person's holdings.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Kirsten M. Spears, Broadcom Inc. CFO and Chief Accounting Officer, reported a series of open-market stock sales on 09/16/2025 and 09/17/2025 to cover tax withholding on vested restricted stock units (RSUs). The Form 4 lists multiple separate sales at weighted-average prices in the $343–$363 range and reports that the sales were automatic transactions to satisfy withholding obligations. The filing shows that the reporting person continues to beneficially own approximately 313,330 shares following the transactions, and that holdings include 114,063 RSUs plus a small number of Employee Stock Purchase Plan shares.

Positive

Transparency: The filing provides detailed footnotes including weighted-average price ranges for each tranche of sales and an undertaking to provide further trade-level detail if requested.
Continued ownership: The reporting person retains a substantial position (~313,330 shares), including 114,063 RSUs, indicating ongoing alignment with shareholder interests.

Negative

None.

Insights

TL;DR: Routine tax-covering sales by a senior executive; not a directional signal about company fundamentals.

The transactions are described as automatic sales to satisfy withholding on vested RSUs, which is a common practice and typically neutral for the company’s outlook. The filing discloses multiple tranches sold across two days at weighted-average prices across the reported ranges and shows continuing substantial ownership of roughly 313,330 shares including 114,063 RSUs. There is no indication of derivative transactions or disposals beyond tax-related share sales in the disclosure provided.

TL;DR: Disclosure appears complete for routine withholding sales; internal controls on reporting appear followed.

The Form 4 includes footnotes detailing price ranges for each tranche and a statement that sales were automatic to cover withholding taxes, which aligns with standard insider reporting practices. The form is signed by an attorney-in-fact, indicating use of a delegated filer. No governance red flags such as unexplained transfers, option exercises, or large divestitures beyond tax-covering sales are present in the provided content.

Insider Trade Summary

Net Seller: 12,319 shares ($4,344,180)

Net Sell 19 txns

Insider Spears Kirsten M.

Role CFO & Chief Accounting Officer

Sold 12,319 shs ($4.34M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.001 par value	418	$343.679	$144K
Sale	Common Stock, $0.001 par value	1,306	$344.585	$450K
Sale	Common Stock, $0.001 par value	1,682	$345.762	$582K
Sale	Common Stock, $0.001 par value	626	$346.798	$217K
Sale	Common Stock, $0.001 par value	1,161	$348.019	$404K
Sale	Common Stock, $0.001 par value	695	$348.964	$243K
Sale	Common Stock, $0.001 par value	675	$350.084	$236K
Sale	Common Stock, $0.001 par value	164	$351.886	$58K
Sale	Common Stock, $0.001 par value	337	$353.237	$119K
Sale	Common Stock, $0.001 par value	160	$354.162	$57K
Sale	Common Stock, $0.001 par value	108	$357.376	$39K
Sale	Common Stock, $0.001 par value	134	$358.38	$48K
Sale	Common Stock, $0.001 par value	32	$359.58	$12K
Sale	Common Stock, $0.001 par value	634	$358.35	$227K
Sale	Common Stock, $0.001 par value	834	$359.249	$300K
Sale	Common Stock, $0.001 par value	2,003	$360.283	$722K
Sale	Common Stock, $0.001 par value	650	$361.41	$235K
Sale	Common Stock, $0.001 par value	604	$362.78	$219K
Sale	Common Stock, $0.001 par value	96	$363.63	$35K

Holdings After Transaction: Common Stock, $0.001 par value — 320,410 shares (Direct)

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. Transaction executed in multiple trades at prices ranging from $357.77 to $358.74 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. Includes 114,063 RSUs and 62 shares acquired under the Issuer's Employee Stock Purchase Plan on September 12, 2025. Transaction executed in multiple trades at prices ranging from $358.81 to $359.78 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. Includes 114,063 RSUs. Transaction executed in multiple trades at prices ranging from $359.85 to $360.77 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. Transaction executed in multiple trades at prices ranging from $361.00 to $361.91 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. Transaction executed in multiple trades at prices ranging from $362.38 to $363.33 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. Transaction executed in multiple trades at prices ranging from $343.12 to $343.98 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. Transaction executed in multiple trades at prices ranging from $344.23 to $345.14 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. Transaction executed in multiple trades at prices ranging from $345.31 to $346.26 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. Transaction executed in multiple trades at prices ranging from $346.31 to $347.11 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. Transaction executed in multiple trades at prices ranging from $347.40 to $348.29 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. Transaction executed in multiple trades at prices ranging from $348.59 to $349.49 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. Transaction executed in multiple trades at prices ranging from $349.68 to $350.40 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. Transaction executed in multiple trades at prices ranging from $351.50 to $352.43 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. Transaction executed in multiple trades at prices ranging from $352.69 to $353.56 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. Transaction executed in multiple trades at prices ranging from $353.87 to $354.60 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. Transaction executed in multiple trades at prices ranging from $357.07 to $357.67 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. Transaction executed in multiple trades at prices ranging from $358.26 to $358.79 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.

Form 4 Insider Transactions: What Each Field Means →

09/18/2025 - 09:04 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).

1. Name and Address of Reporting Person^*

Spears Kirsten M.

(Last)

(First)

(Middle)

C/O BROADCOM INC.

3421 HILLVIEW AVENUE

(Street)

PALO ALTO

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)
	CFO & Chief Accounting Officer

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)
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	09/16/2025		S		634⁽¹⁾	D	$358.35⁽²⁾	325,015⁽³⁾	D
Common Stock, $0.001 par value	09/16/2025		S		834⁽¹⁾	D	$359.249⁽⁴⁾	324,181⁽⁵⁾	D
Common Stock, $0.001 par value	09/16/2025		S		2,003⁽¹⁾	D	$360.283⁽⁶⁾	322,178⁽⁵⁾	D
Common Stock, $0.001 par value	09/16/2025		S		650⁽¹⁾	D	$361.41⁽⁷⁾	321,528⁽⁵⁾	D
Common Stock, $0.001 par value	09/16/2025		S		604⁽¹⁾	D	$362.78⁽⁸⁾	320,924⁽⁵⁾	D
Common Stock, $0.001 par value	09/16/2025		S		96⁽¹⁾	D	$363.63	320,828⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		418⁽¹⁾	D	$343.679⁽⁹⁾	320,410⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		1,306⁽¹⁾	D	$344.585⁽¹⁰⁾	319,104⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		1,682⁽¹⁾	D	$345.762⁽¹¹⁾	317,422⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		626⁽¹⁾	D	$346.798⁽¹²⁾	316,796⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		1,161⁽¹⁾	D	$348.019⁽¹³⁾	315,635⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		695⁽¹⁾	D	$348.964⁽¹⁴⁾	314,940⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		675⁽¹⁾	D	$350.084⁽¹⁵⁾	314,265⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		164⁽¹⁾	D	$351.886⁽¹⁶⁾	314,101⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		337⁽¹⁾	D	$353.237⁽¹⁷⁾	313,764⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		160⁽¹⁾	D	$354.162⁽¹⁸⁾	313,604⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		108⁽¹⁾	D	$357.376⁽¹⁹⁾	313,496⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		134⁽¹⁾	D	$358.38⁽²⁰⁾	313,362⁽⁵⁾	D
Common Stock, $0.001 par value	09/17/2025		S		32⁽¹⁾	D	$359.58	313,330⁽⁵⁾	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)
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.

2. Transaction executed in multiple trades at prices ranging from $357.77 to $358.74 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 114,063 RSUs and 62 shares acquired under the Issuer's Employee Stock Purchase Plan on September 12, 2025.

4. Transaction executed in multiple trades at prices ranging from $358.81 to $359.78 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. Includes 114,063 RSUs.

6. Transaction executed in multiple trades at prices ranging from $359.85 to $360.77 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 $361.00 to $361.91 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 $362.38 to $363.33 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.

9. Transaction executed in multiple trades at prices ranging from $343.12 to $343.98 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.

10. Transaction executed in multiple trades at prices ranging from $344.23 to $345.14 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 $345.31 to $346.26 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 $346.31 to $347.11 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.

13. Transaction executed in multiple trades at prices ranging from $347.40 to $348.29 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 $348.59 to $349.49 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 $349.68 to $350.40 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 $351.50 to $352.43 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 $352.69 to $353.56 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 $353.87 to $354.60 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 $357.07 to $357.67 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.

20. Transaction executed in multiple trades at prices ranging from $358.26 to $358.79 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 Kirsten Spears	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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Broadcom (AVGO) insider Kirsten Spears sell and why?

The filing reports multiple sales of Broadcom common stock executed as automatic transactions to cover withholding taxes due on vested RSUs.

How many shares does the reporting person own after the transactions?

The Form 4 shows the reporting person beneficially owns approximately 313,330 shares following the reported sales.

How many RSUs are disclosed in the filing?

The filing indicates inclusion of 114,063 RSUs in the reporting person's holdings.

Over what prices were the shares sold?

Footnotes state the sales were executed in multiple trades with weighted-average prices reported for tranches and ranges spanning approximately $343 to $363 per share across the disclosed transactions.

Were any derivative securities reported in this Form 4?

No derivative securities (options, warrants, convertible securities) were reported in the provided Table II content.