Brazeal Mark David 4
4 · Broadcom Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Broadcom (AVGO) Chief Legal & Corporate Affairs Officer Mark Brazeal Sells Shares
What Happened
- Mark David Brazeal, Broadcom’s Chief Legal & Corporate Affairs Officer, sold a total of 8,152 shares of AVGO in open-market transactions on June 16–17, 2026, generating approximately $3,175,920 in gross proceeds. Individual sales ranged from ~192 to 797 shares at prices between about $377 and $400 per share.
- These were sales (S) executed to cover taxes owed on the vesting of restricted stock units (RSUs), not open-market discretionary divestitures.
Key Details
- Transaction dates: June 16–17, 2026; Form 4 filed June 18, 2026 (timely).
- Total shares sold: 8,152; approximate proceeds: $3,175,920.
- Price range across trades: roughly $376.71 to $400.29 per share (multiple trades and weighted-average prices reported; see footnotes for exact ranges).
- Shares owned after transaction: not fully stated in the provided excerpt; filing footnote F3 notes inclusion of 123,750 RSUs.
- Notable footnotes: F1 states sales were automatic transactions to cover withholding taxes on RSU vesting; other footnotes (F2–F26) list the multi-trade price ranges for specific lots.
- Transaction type codes: S = Sale; these sales were for tax withholding related to RSU awards (commonly reported as F in descriptive footnotes).
Context
- Sales to cover RSU tax withholding are routine and are not the same signal as an executive-initiated, discretionary sale. They typically reflect the mechanics of equity compensation (automatic sell-to-cover) rather than a judgement about the company’s prospects.
- No indication in the filing excerpt of option exercises, gifts, or a 10% owner transaction. The filing appears timely.
Insider Transaction Report
- Sale
Common Stock, $0.001 par value
[F1][F2][F3]2026-06-16$377.10/sh−192$72,403→ 277,949 total - Sale
Common Stock, $0.001 par value
[F1][F4][F3]2026-06-16$378.58/sh−372$140,834→ 277,577 total - Sale
Common Stock, $0.001 par value
[F1][F5][F3]2026-06-16$379.43/sh−776$294,435→ 276,801 total - Sale
Common Stock, $0.001 par value
[F1][F6][F3]2026-06-16$380.40/sh−457$173,843→ 276,344 total - Sale
Common Stock, $0.001 par value
[F1][F7][F3]2026-06-16$381.32/sh−368$140,325→ 275,976 total - Sale
Common Stock, $0.001 par value
[F1][F8][F3]2026-06-16$382.80/sh−273$104,505→ 275,703 total - Sale
Common Stock, $0.001 par value
[F1][F9][F3]2026-06-16$383.75/sh−202$77,518→ 275,501 total - Sale
Common Stock, $0.001 par value
[F1][F10][F3]2026-06-16$386.15/sh−171$66,032→ 275,330 total - Sale
Common Stock, $0.001 par value
[F1][F11][F3]2026-06-16$388.03/sh−300$116,408→ 275,030 total - Sale
Common Stock, $0.001 par value
[F1][F12][F3]2026-06-16$388.75/sh−104$40,430→ 274,926 total - Sale
Common Stock, $0.001 par value
[F3]2026-06-16$389.67/sh−40$15,587→ 274,886 total - Sale
Common Stock, $0.001 par value
[F1][F13][F3]2026-06-16$390.91/sh−72$28,145→ 274,814 total - Sale
Common Stock, $0.001 par value
[F1][F14][F3]2026-06-17$384.00/sh−76$29,184→ 274,738 total - Sale
Common Stock, $0.001 par value
[F1][F15][F3]2026-06-17$385.16/sh−29$11,170→ 274,709 total - Sale
Common Stock, $0.001 par value
[F1][F16][F3]2026-06-17$386.15/sh−220$84,953→ 274,489 total - Sale
Common Stock, $0.001 par value
[F1][F17][F3]2026-06-17$388.96/sh−110$42,785→ 274,379 total - Sale
Common Stock, $0.001 par value
[F1][F18][F3]2026-06-17$390.59/sh−242$94,522→ 274,137 total - Sale
Common Stock, $0.001 par value
[F1][F19][F3]2026-06-17$391.73/sh−274$107,335→ 273,863 total - Sale
Common Stock, $0.001 par value
[F1][F20][F3]2026-06-17$393.04/sh−408$160,362→ 273,455 total - Sale
Common Stock, $0.001 par value
[F1][F21][F3]2026-06-17$394.09/sh−368$145,026→ 273,087 total - Sale
Common Stock, $0.001 par value
[F1][F22][F3]2026-06-17$395.37/sh−643$254,223→ 272,444 total - Sale
Common Stock, $0.001 par value
[F1][F23][F3]2026-06-17$396.24/sh−695$275,384→ 271,749 total - Sale
Common Stock, $0.001 par value
[F1][F24][F3]2026-06-17$397.23/sh−797$316,591→ 270,952 total - Sale
Common Stock, $0.001 par value
[F1][F25][F3]2026-06-17$398.25/sh−570$227,003→ 270,382 total - Sale
Common Stock, $0.001 par value
[F1][F26][F3]2026-06-17$399.18/sh−357$142,507→ 270,025 total - Sale
Common Stock, $0.001 par value
[F3]2026-06-17$400.29/sh−36$14,410→ 269,989 total
Footnotes (26)
- [F1]Shares were sold through automatic transactions to cover withholding taxes due upon vesting of restricted stock units (RSUs) as required under the relevant RSU awards. The prices reported in column 4 above reflect the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the ranges set forth in the following footnotes.
- [F10]Transaction executed in multiple trades at prices ranging from $385.71 to $386.67 per share.
- [F11]Transaction executed in multiple trades at prices ranging from $387.46 to $388.45 per share.
- [F12]Transaction executed in multiple trades at prices ranging from $388.55 to $388.86 per share.
- [F13]Transaction executed in multiple trades at prices ranging from $390.43 to $391.29 per share.
- [F14]Transaction executed in multiple trades at prices ranging from $383.57 to $384.47 per share.
- [F15]Transaction executed in multiple trades at prices ranging from $384.65 to $385.58 per share.
- [F16]Transaction executed in multiple trades at prices ranging from $385.83 to $386.57 per share.
- [F17]Transaction executed in multiple trades at prices ranging from $388.74 to $389.63 per share.
- [F18]Transaction executed in multiple trades at prices ranging from $390.03 to $391.01 per share.
- [F19]Transaction executed in multiple trades at prices ranging from $391.36 to $392.24 per share.
- [F2]Transaction executed in multiple trades at prices ranging from $376.71 to $377.44 per share.
- [F20]Transaction executed in multiple trades at prices ranging from $392.55 to $393.53 per share.
- [F21]Transaction executed in multiple trades at prices ranging from $393.57 to $394.54 per share.
- [F22]Transaction executed in multiple trades at prices ranging from $394.75 to $395.71 per share.
- [F23]Transaction executed in multiple trades at prices ranging from $395.78 to $396.68 per share.
- [F24]Transaction executed in multiple trades at prices ranging from $396.85 to $397.78 per share.
- [F25]Transaction executed in multiple trades at prices ranging from $397.86 to $398.79 per share.
- [F26]Transaction executed in multiple trades at prices ranging from $398.88 to $399.65 per share.
- [F3]Includes 123,750 RSUs.
- [F4]Transaction executed in multiple trades at prices ranging from $377.92 to $378.91 per share.
- [F5]Transaction executed in multiple trades at prices ranging from $378.97 to $379.85 per share.
- [F6]Transaction executed in multiple trades at prices ranging from $379.97 to $380.77 per share.
- [F7]Transaction executed in multiple trades at prices ranging from $381.03 to $381.86 per share.
- [F8]Transaction executed in multiple trades at prices ranging from $382.38 to $383.13 per share.
- [F9]Transaction executed in multiple trades at prices ranging from $383.39 to $383.90 per share.