Broadcom (AVGO) President Charlie Kawwas Sells Shares

What Happened

• Charlie Kawwas, President (SSG) of Broadcom Inc. (AVGO), reported a series of open-market sales on March 16–17, 2026 disposing of 64,834 shares for a total of about $20.97M. Individual sale lots ranged from 120 to 6,319 shares with reported per-share prices shown as weighted averages (examples: $321.29, $323.02, $324.09, up to $328.69).
• These transactions were sales (not purchases) 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; filing date (Form 4): March 18, 2026 (timely).
• Total shares sold: 64,834; total proceeds reported: approximately $20,966,675 (~$21.0M).
• Reported price range (per footnotes): trades executed in multiple lots at prices roughly from $317.35 to $329.11 per share (weighted averages reported for each lot).
• Reason noted in filing: automatic sales to cover RSU tax withholding (Footnote F1). Several footnotes (F10–F20, etc.) give specific trade price ranges for particular lots.
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

• These were tax-withholding sales tied to RSU vesting—common, routine transactions that do not by themselves signal an insider view on the company's near-term stock prospects. Purchases by insiders typically carry more weight as a bullish signal.
• No indication in the provided filing of option exercises, gifts, or a 10% ownership change. The filing appears timely (filed within the usual Form 4 reporting window).