[Form 4] Broadcom Inc. Insider Trading Activity

Rhea-AI Filing Summary

Henry Samueli, a director of Broadcom Inc. (AVGO), reported multiple sales of common stock on 09/24/2025 under a Rule 10b5-1 trading plan adopted December 18, 2024. The Form 4 lists a series of dispositions: 15,532 shares at a weighted average ~$334.59, 33,702 shares at ~$335.50, 49,859 shares at ~$336.56, 73,344 shares at ~$337.57, 72,258 shares at ~$338.50, and 124,102 shares at ~$339.38, plus a block of 75,678 shares reported with price $0. After these transactions the filing shows various holdings held indirectly by entities totaling 37,646,856 shares and additional indirect holdings of 31,429,540; 12,272,030; and 4,596,900 shares as described in the footnotes.

Positive

• Transactions executed under a Rule 10b5-1 plan, adopted December 18, 2024, indicating preplanned trades
• Full disclosure of weighted-average price ranges for each tranche, with an undertaking to provide detailed prices on request
• Large indirect holdings remain across affiliated entities (footnotes specify amounts)

Negative

• Multiple sizeable dispositions on 09/24/2025 totaling several hundred thousand shares at prices between ~$334 and ~$339
• Potential perception risk from insider selling, as a director reported numerous sales the same day

Insights

Corporate Governance Expert

TL;DR: Director sold multiple tranches of AVGO stock via a pre-established 10b5-1 plan; large indirect holdings remain.

The reported sales were executed under a Rule 10b5-1 trading plan adopted December 18, 2024, indicating the transactions were preplanned rather than opportunistic. The Form 4 discloses multiple sell transactions on 09/24/2025 at weighted-average prices between approximately $334.04 and $339.95 and large indirect holdings across affiliated entities. From a governance perspective, documenting the 10b5-1 plan and disclosing the indirect ownership structure complies with Section 16 reporting norms. The filing does not state motivations for the sales or any change to board status.

Securities Analyst

TL;DR: Significant share disposals were reported but substantial indirect ownership remains concentrated in affiliated entities.

The Form 4 details tranche sales totaling several hundred thousand shares executed the same day at prices roughly from $334 to $339 per share. Footnotes indicate large concentrations of shares held indirectly by D95GT LLC, H&S Investments I, L.P., E95GT LLC, and H&S Portfolio II, L.P., with beneficial holdings listed as 37,646,856; 31,429,540; 12,272,030; and 4,596,900 shares respectively. The filing provides precise weighted-average price ranges for each tranche and notes inclusion of 1,602 RSUs in one reported disposition. No derivative transactions or option exercises are reported on this Form 4.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SAMUELI HENRY

(Last) (First) (Middle)

C/O BROADCOM INC.

3421 HILLVIEW AVENUE

(Street)

PALO ALTO CA 94304

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Broadcom Inc. [ AVGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.001 par value	09/24/2025		S(1)		15,532	D	$334.59(2)	38,075,799	I	See Footnote(9)
Common Stock, $0.001 par value	09/24/2025		S(1)		33,702	D	$335.5(3)	38,042,097	I	See Footnote(9)
Common Stock, $0.001 par value	09/24/2025		S(1)		49,859	D	$336.56(4)	37,992,238	I	See Footnote(9)
Common Stock, $0.001 par value	09/24/2025		S(1)		73,344	D	$337.57(5)	37,918,894	I	See Footnote(9)
Common Stock, $0.001 par value	09/24/2025		S(1)		72,258	D	$338.5(6)	37,846,636	I	See Footnote(9)
Common Stock, $0.001 par value	09/24/2025		S(1)		124,102	D	$339.38(7)	37,722,534	I	See Footnote(9)
Common Stock, $0.001 par value	09/24/2025		G(1)		75,678	D	$0	37,646,856	I	See Footnote(9)
Common Stock, $0.001 par value								3,492(8)	D
Common Stock, $0.001 par value								31,429,540	I	See Footnote(10)
Common Stock, $0.001 par value								12,272,030	I	See Footnote(11)
Common Stock, $0.001 par value								4,596,900	I	See Footnote(12)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 18, 2024 by the Reporting Person.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $334.04 to $335.02 inclusive. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected within the ranges set forth in footnotes 2 to 7.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $335.04 to $336.01 inclusive.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $336.06 to $337.05 inclusive.

5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $337.06 to $338.05 inclusive.

6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $338.06 to $339.05 inclusive.

7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $339.06 to $339.95 inclusive.

8. Includes 1,602 RSUs.

9. Directly held by D95GT LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

10. Directly held by H&S Investments I, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

11. Directly held by E95GT LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

12. Directly held by H&S Portfolio II, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

	/s/ Michael J. Sorrow, Attorney-in-Fact for Henry Samueli	09/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Broadcom director Henry Samueli report on Form 4 (AVGO)?

He reported multiple sales of Broadcom common stock on 09/24/2025 under a Rule 10b5-1 plan adopted 12/18/2024, with tranche prices ~ $334–$339.

How many shares did Henry Samueli sell on 09/24/2025 according to the filing?

Several tranches were sold: 15,532; 33,702; 49,859; 73,344; 72,258; and 124,102 shares, plus other reported dispositions noted in the Form 4.

Are the sales described in the Form 4 preplanned?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted December 18, 2024.

What indirect holdings does the Form 4 disclose for Henry Samueli?

Footnotes disclose indirect holdings held by affiliated entities: 37,646,856; 31,429,540; 12,272,030; and 4,596,900 shares respectively.

Were any derivative transactions reported on this Form 4?

No derivative securities or option exercises are reported in Table II of this Form 4.