Broadcom Inc SEC Filings

Form 144 notice for Broadcom Inc. (AVGO) reports proposed sales of common stock by an individual seller. The filing lists a broker (Fidelity Brokerage Services LLC) and shows a planned sale of 800 shares on 09/15/2025 with an aggregate market value of $288,000 based on the filer’s input. The 800 shares were acquired on 04/21/2025 via restricted stock vesting and paid as compensation. The seller, identified in related entries as Justine Page, completed three prior sales of 800 shares each on 06/16/2025, 07/14/2025 and 08/14/2025 with reported gross proceeds of $200,280.00, $219,440.00 and $245,968.00 respectively.

Harry L. You, a director of Broadcom Inc. (AVGO), reported three open-market purchases of Broadcom common stock executed on 09/08/2025, 09/09/2025, and 09/10/2025. The transactions acquired 2,050, 1,000, and 500 shares respectively, for total consideration computed from disclosed prices of $344.7794, $339.385, and $363.375. Following the trades the filing shows beneficial ownership of 35,602 shares, which the filer explains includes 1,602 restricted stock units. The Form 4 was signed by an attorney-in-fact on behalf of Mr. You on 09/10/2025.

Broadcom Inc. files an S-4 registration relating to exchange offers for two series of senior notes: $2,249,998,000 of 3.419% Senior Notes due 2033 and $3,250,000,000 of 3.469% Senior Notes due 2034. The prospectus explains the mechanics of the Exchange Offer, including minimum denominations of $2,000 and integral multiples of $1,000, broker-dealer resale rules, and that Exchange Notes will not be listed on any exchange. Interest on the 2034 Notes accrues from October 15, 2025 and interest rates are 3.469% per annum for the 2034 Notes. The issuer may redeem notes at 100% of principal (plus accrued interest) on or after specified dates, and may redeem in whole for certain tax-law changes. The prospectus incorporates Broadcoms SEC filings and directs readers to exhibits for full agreements and tax and covenant qualifications.

Broadcom Inc. (AVGO) is offering Exchange Notes in exchange for certain Outstanding Notes under a registration statement related to a business combination registration. The prospectus lists five series of Exchange Notes that mirror Outstanding Notes: $750,000,000 of 1.950% notes due 2028; $2,750,000,000 of 2.450% notes due 2031; $1,750,000,000 of 2.600% notes due 2033; $3,000,000,000 of 3.500% notes due 2041; and $1,750,000,000 of 3.750% notes due 2051.

Interest on the Exchange Notes accrues from August 15, 2025. Minimum exchange denominations are $2,000 and multiples of $1,000. The Exchange Notes will not be listed on any exchange and may be resold in the over-the-counter market. The prospectus discloses redemption mechanics, including issuer redemption at 100% of principal (plus accrued interest) in certain scenarios such as specified tax-law changes, and discusses obligations to pay Additional Amounts if withholding applies. As of August 3, 2025, the issuer reported approximately $59,786 million aggregate principal indebtedness for borrowed money and its subsidiaries reported approximately $10,170 million of unsecured indebtedness.

Broadcom Inc. reported interim results for the three fiscal quarters ended August 3, 2025, operating across two reportable segments: semiconductor solutions and infrastructure software.

The company generated $7,166 million of cash from operations and held $10,718 million in cash and equivalents. Net leverage remained sizeable with $66,257 million of aggregate indebtedness and $65.8 billion of fixed-rate borrowings (principal) as of August 3, 2025. Broadcom issued $6,000 million of senior unsecured notes in July 2025 and used proceeds to repay term facilities.

Revenue mix shifted toward software, lifting gross margin to 67% for the quarter and 68% year-to-date. Remaining performance obligations totaled approximately $27.5 billion, with ~34% expected to be recognized in the next 12 months. The acquisition of VMware closed November 22, 2023 for about $30,788 million cash plus 544 million Broadcom shares; pro forma adjustments were presented. Tax impacts included a $1,058 million valuation allowance against CAMT credits and $6,930 million of gross unrecognized tax benefits, with statutes of limitations lapsing expected to reduce these by ~$3.1 billion, producing a potential discrete tax benefit of up to $2.1 billion.

Broadcom granted a long-term, service- and performance-based equity award to its CEO, Mr. Tan, tied to AI-related revenue targets and continued employment through fiscal 2030. The "Tan PSU Award" vests only if challenging AI revenue goals are met during a three-year performance period covering fiscal 2028–2030 and if Mr. Tan remains in service through the end of fiscal 2030, with final vesting on the last day of fiscal 2030. The award supplements previously granted PSUs and includes non-transferable after-tax shares that Mr. Tan must hold through specified holding periods, with transfer restrictions and potential extensions if he voluntarily resigns without good reason. If Mr. Tan ceases service during the vesting period, the award is forfeited except as otherwise noted.

Broadcom Inc. (AVGO) director Justine F. Page sold 800 shares of Broadcom common stock at $307.46 per share on 08/14/2025 under a pre-established Rule 10b5-1 trading plan. After the sale the reporting person beneficially owned 23,782 shares, which the filing notes include 1,602 restricted stock units. The transaction was reported on Form 4 and executed pursuant to a trading plan adopted January 9, 2025.

The Form 4 identifies the reporting person as a director and shows the sale was made under code S(1) with an attorney-in-fact signing the filing on behalf of the reporting person. No derivative transactions or other securities classes are reported.