Broadcom (AVGO) Chief Legal Officer Mark Brazeal Sells 8,059 Shares

What Happened

• Mark David Brazeal, Chief Legal & Corporate Affairs Officer at Broadcom (AVGO), had 8,059 shares disposed on 2026-09-15 as a payment to cover tax liability/exercise costs (transaction code F). The shares were valued at $339.27 each for a total of approximately $2,734,177. This was a withholding/cashless disposition to satisfy tax or exercise obligations, not an open‑market sell driven by trading intent.

Key Details

• Transaction date and price: 2026-09-15 at $339.27 per share
• Shares disposed: 8,059; total value ≈ $2,734,177
• Transaction code: F (payment of exercise price or tax liability — withholding)
• Shares owned after transaction: not specified in the filing excerpt provided
• Footnote: Filing notes inclusion of 107,500 restricted stock units in the reported holdings (F1)
• Filing timeliness: Report filed 2026-09-17 for a 2026-09-15 transaction — appears timely, not late

Context

• Code F transactions are typically withholding of shares to cover taxes when restricted stock units vest or to pay option exercise costs; they are routine and do not necessarily indicate the insider’s view on the stock.
• This was a disposal to meet obligations (withholding), not an open-market sale or a purchase.