AVGO Chief Legal Officer Transfers 9.4k Shares as Gift

Rhea-AI Filing Summary

Broadcom Inc. (AVGO) filed a Form 4 on 27 Jun 2025 reporting a change in ownership by Chief Legal & Corporate Affairs Officer Mark David Brazeal.

• Transaction details: On 25 Jun 2025 Brazeal executed a Code G transaction, indicating a bona-fide gift of 9,450 shares of Broadcom common stock at a price of $0.
• Post-transaction holdings: He now beneficially owns 356,506 shares, including 336,250 restricted stock units.

The gifted shares represent about 2.6 % of Brazeal’s personal stake and an immaterial fraction of Broadcom’s total shares outstanding. Because the transfer was a non-sale gift, it carries minimal signalling value for Broadcom’s near-term fundamentals and is unlikely to influence market perception or valuation.

Positive

• Officer maintains a substantial 356,506-share position, signalling continued alignment with shareholder interests.

Negative

• Disposal of 9,450 shares reduces insider ownership marginally, though the amount is immaterial.

Insights

Financial Analyst

TL;DR: Small insider gift; officer retains sizeable stake—no material market impact.

The Form 4 shows Brazeal gifted 9,450 shares (≈2.6 % of his holdings). Crucially, no shares were sold, and his remaining 356,506-share position keeps meaningful alignment with shareholders. The transaction does not alter Broadcom’s float or financial position and should be viewed as a routine personal estate or philanthropic move rather than a commentary on company outlook.

Corporate Governance Specialist

TL;DR: Governance-neutral insider gift, consistent with personal planning.

Code G filings typically reflect charitable or family transfers. The officer remains a significant holder, so governance influence is unchanged. No Rule 10b5-1 plan was flagged, and there is no indication of strategic intent. Overall governance implications are neutral.

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^*

Brazeal Mark David

(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)
	Chief Legal & Corp Affairs Ofc

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025

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	06/25/2025		G		9,450	D	$0	356,506(1)	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. Includes 336,250 restricted stock units.

Remarks:

	/s/ Noelle Matteson, Attorney-in-Fact for Mark Brazeal	06/27/2025
	** 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) report in the latest Form 4?

Chief Legal & Corporate Affairs Officer Mark Brazeal gifted 9,450 common shares on 25 Jun 2025.

How many Broadcom shares does Mark Brazeal now own?

After the transaction, he beneficially owns 356,506 shares, including 336,250 RSUs.

Was the transaction a sale or a gift?

It was a Code G gift; no shares were sold and the price recorded was $0.

Does the gift signal any change in Broadcom’s outlook?

The transfer is personal and non-monetary, so it has no material impact on the company’s fundamentals.

How significant is 9,450 shares relative to Broadcom’s total shares?

The amount is an immaterial fraction of Broadcom’s outstanding shares, posing negligible market impact.