Spears Kirsten M. 4

What Happened

• Kirsten M. Spears, Broadcom's Chief Financial Officer and Chief Accounting Officer, disposed of 60,154 shares of Broadcom (AVGO) common stock in multiple automatic sales to cover withholding taxes on vested restricted stock units. The sales occurred March 16–17, 2026 and generated approximately $19.45 million in proceeds. Reported per-trade weighted-average prices ranged roughly from $317.51 to $329.11 per share.

Key Details

• Transaction dates: March 16–17, 2026; Form 4 filed March 18, 2026 (filed on time).
• Total shares sold: 60,154; approximate proceeds: $19,452,716.
• Price range (from filing footnotes): about $317.51 to $329.11 per share; several transactions were reported as weighted-average prices.
• Reason given (footnote): sales were automatic transactions to cover withholding taxes due upon RSU vesting.
• Holdings after the sales: not specified in the supplied data (the filing notes included RSU amounts — e.g., 90,000 RSUs referenced in a footnote).
• Transaction type: Sales (routine tax-withholding disposition, not an open-market buy).

Context

• These were tax-withholding sales tied to vested RSUs (routine and not necessarily a signal of confidence or concern). For retail investors, purchases by insiders are generally more informative as potential positive signals; tax-related sales are common and often do not reflect a change in view.
• The filing appears timely (filed two business days after the first transaction), and the report includes detailed footnotes listing the multiple trade price ranges.