Broadcom Inc.·4

Apr 10, 6:54 PM ET

Velaga S. Ram 4

Research Summary

AI-generated summary

Updated

Broadcom (AVGO) President Velaga S. Ram Sells Shares

What Happened
Velaga S. Ram, President, ISG at Broadcom (AVGO), sold a total of 30,215 shares in open-market transactions: 12,955 shares on 2026-04-08 at a weighted average price of $352.02 for proceeds of $4,560,449, and 17,260 shares on 2026-04-09 at a weighted average price of $352.12 for proceeds of $6,077,564 — total proceeds approximately $10,638,013. These are reported as sales (code S).

Key Details

  • Transaction dates and prices:
    • 2026-04-08: 12,955 shares sold, weighted avg $352.02 (per-footnote range $352.00–$352.04) — $4,560,449 proceeds.
    • 2026-04-09: 17,260 shares sold, weighted avg $352.12 (per-footnote range $352.03–$352.30) — $6,077,564 proceeds.
  • Total shares sold: 30,215; total proceeds: ~$10.64 million.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnotes: F1 notes reported prices are weighted averages and the filer can provide trade-by-trade breakdowns; F2/F3 provide the intra-trade price ranges above.
  • Filing timeliness: Form 4 was filed 2026-04-10 for transactions on 2026-04-08 and 04-09 — appears to be filed within the standard Form 4 reporting window.

Context
These were outright sales (not option exercises, awards, or gifts). Sales by executives can be routine (e.g., diversification or liquidity) and do not by themselves indicate a change in company outlook; no 10b5-1 plan or other special program is disclosed in the provided details.