Broadcom Inc.·4

Mar 18, 8:29 PM ET

Brazeal Mark David 4

Research Summary

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Broadcom (AVGO) Chief Legal Officer Mark Brazeal Sells 83,682 Shares

What Happened
Mark D. Brazeal, Broadcom’s Chief Legal & Corporate Affairs Officer, disposed of a total of 83,682 shares in a series of transactions on March 16–17, 2026. The aggregated proceeds reported are approximately $27,061,693. The sales were reported as open-market/private dispositions and, per the filing, were automatic transactions to cover withholding taxes due upon vesting of restricted stock units (RSUs).

Key Details

  • Transaction dates: March 16–17, 2026; Form 4 filed March 18, 2026 (no late filing indicated).
  • Total shares sold: 83,682; total proceeds: ≈ $27.06 million.
  • Reported per-transaction weighted average prices ranged in the filing rows (examples): $320.83 to $328.84 on Mar 16 and $317.97 to $326.67 on Mar 17. Detailed trade-by-trade price ranges in footnotes span roughly $317.37 to $329.14 per share.
  • Purpose: Footnote F1 states the shares were sold automatically to cover RSU withholding taxes. Footnote F3 notes inclusion of 140,000 RSUs in the awards context. Additional footnotes (F10–F21, etc.) indicate transactions executed in multiple trades across specified price ranges.
  • Shares owned after the transactions: not specified in the provided filing excerpt.

Context
These sales are described as tax-withholding dispositions of vested RSUs (routine administrative transactions), which differ from voluntary open-market sales intended to raise cash or signal a view on the company. For retail investors, routine RSU withholding is common and generally not viewed as a directional insider investment signal.