SAMUELI HENRY 4

What Happened
Henry Samueli, a director of Broadcom Inc. (AVGO), reported large open‑market sales and several gift transfers. On June 24, 2026 he sold a total of 654,241 shares in multiple blocks at prices roughly in the $377–$388 range, generating about $250.0 million in proceeds (total reported $250,005,851). The filing also shows gift/transfer entries (several small transfers on June 17–18 and larger gifts on June 24) involving roughly 336,893 shares; those transfers are reported at $0 and do not represent market sales.

Key Details

• Primary sale date: June 24, 2026 (multiple open‑market trades). Smaller gift/transfer entries on June 17–18 and June 24.
• Aggregate sold: 654,241 shares for approximately $250,005,851. Sale prices ranged across tranches; weighted averages and per‑tranche ranges in the filing span about $377.10 to $388.50 (see footnotes).
• Gifts/transfers: roughly 336,893 shares reported as gifts/transfers (non‑market, $0). Some small internal transfers on June 17–18 were also recorded.
• Plan/authorization: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted December 16, 2025 (Footnote F1). The filer also provides an undertaking to supply detailed per‑trade prices within the ranges on request (Footnote F2).
• Filing/timeliness: Form 4 filed June 26, 2026; for the June 24 trades this appears to be timely (filed within the two business‑day reporting window).
• Shares owned after transaction: not specified in the provided transaction summary.

Context

• The sales were executed under a pre‑existing 10b5‑1 plan, which typically means the trades were pre‑scheduled and may be routine rather than a real‑time signal of the insider’s view.
• Gift/transfer entries are non‑market transfers and generally do not indicate buying/selling sentiment.
• Footnotes in the filing note weighted average prices and per‑range price bands for multiple tranches; the filer can provide exact per‑trade details on request to the SEC staff, issuer, or security holders.

(Reported based on SEC Form 4 filed 2026‑06‑26, accession 0001104659-26-078348.)