Hao Kenneth 4
Research Summary
AI-generated summary
Broadcom (AVGO) Director Hao Kenneth Receives 864 RSUs
What Happened
Hao Kenneth, a director of Broadcom Inc. (AVGO), received a grant of 864 restricted stock units (RSUs) on April 20, 2026. The RSUs were granted at $0.00 per unit (total reported acquisition value $0) — this is a compensatory award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-20; Form 4 filed 2026-04-22 (timely).
- Instrument and amount: 864 RSUs granted (transaction code A — award/acquisition). Reported price per unit $0.00; reported aggregate value $0.
- Vesting: RSUs vest in full on the earlier of (i) April 19, 2027 or (ii) the issuer’s 2027 annual meeting of stockholders, subject to the reporting person’s continued service (per footnote F1).
- Shares owned after transaction: Not disclosed in this Form 4.
- No 10b5-1 plan, tax-withholding, or sale noted in this filing.
Context
RSUs represent a right to receive one share of Broadcom common stock per RSU upon vesting; they do not involve immediate cash payment or an immediate change in open-market holdings. Such grants are typically part of director/employee compensation and should be viewed as compensation-related awards rather than direct insider purchases or sales.