AVGO insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Henry Samueli Director	702,190	$356.04	0.8%	87.19M	Sep 23, 2026	Sep 25, 2026

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Henry Samueli Director	72,474	n/a	0.1%	87.19M	Sep 23, 2026	Sep 25, 2026

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Mark Brazeal Chief Legal & Corp Affairs Ofc	8,059	$339.27	holdings record incomplete	-96K	Sep 15, 2026	Sep 17, 2026
Amie O'Toole Chief Financial Officer	1,554	$339.27	3.1%	49K	Sep 15, 2026	Sep 17, 2026

What stands out

Two insiders sold more than 25% of vested holdings: Kirsten Spears (48% of holdings, $31.9M, none under a disclosed plan) and Justine Page (28% of holdings, $2.1M, 39% under a disclosed plan).Kirsten Spears: largest sale, Dec 31, 2025 · Justine Page: largest sale, Apr 8, 2026

Five insiders sold $168M with no disclosed plan: Hock Tan ($101M, 25% of holdings), Mark Brazeal ($48.8M) and Ram Velaga ($13.6M), plus 2 more. The filings don't state a reason.Hock Tan: largest such sale, Dec 18, 2025 · Mark Brazeal: largest such sale, Jul 10, 2026 · Ram Velaga: largest such sale, Apr 9, 2026

Harry You bought 2K shares for $699K, first on Dec 18, 2025.Purchase, Jun 11, 2026

Percentages cover 12 of 14 officers and directors. Left out: Mark Brazeal and Ram Velaga (most of their shares vested during the period, so a percentage would mislead). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Henry Samueli

Director

2.7% · $878MDisclosed plan

Hock Tan

President and CEO, Director

25% · $101MNo plan disclosed

Mark Brazeal

Chief Legal & Corp Affairs Ofc

No bar: most of their shares vested during the period, so a percentage would mislead.

$99.9MNo plan disclosed

Ram Velaga

President, ISG

Sold 67% of the shares held or received (after tax withholding) during the period†. No bar against the starting stake: most of these shares arrived during the period.

$34.4MNo plan disclosed

Kirsten Spears

CFO & Chief Accounting Officer

48% · $31.9MNo plan disclosed

All 8 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Outside holders, reported separately

Kenneth Hao reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Broadcom CEO selling stock?

Yes. Hock Tan sold 300K shares ($101M, 25% of starting holdings) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Broadcom insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 75% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 10% were to cover taxes and 15% had no disclosed plan. A trading plan schedules sales in advance.

Are any Broadcom insiders buying?

Yes. 1 officer or director reported 2 purchases in the past 12 months (Form 4 code P, which includes private purchases).

How much of their stake did Broadcom insiders sell?

About 3.1% overall. As a group they still hold 96% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold8 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Henry Samueli Director	$878M 2.46M shares	2.7%	Disclosed plan
Hock Tan President and CEO, Director	$101M 300K shares	25%	No plan disclosed
Mark Brazeal Chief Legal & Corp Affairs Ofc	$99.9M 286K shares	i No percentage: most of their shares vested during the period, so a percentage would mislead.	No plan disclosed
Ram Velaga President, ISG	$34.4M 103K shares	67%† i † Most of the shares Ram Velaga sold arrived during the period, so this is shares sold as a share of the 29K held at the start plus the 125K received, less 0 withheld by the company for taxes.	No plan disclosed
Kirsten Spears CFO & Chief Accounting Officer	$31.9M 96K shares	48%	No plan disclosed
Charlie Kawwas President, SSG	$25.5M 78K shares	9.7%	No plan disclosed
Justine Page Director	$2.1M 6K shares	28%	39% under a disclosed plan
Gayla Delly Director	$1.1M 2.9K shares	9.1%	No plan disclosed

Board members representing outside shareholders, reported separately: Kenneth Hao. Details

The full ownership picture14 of 14 insiders fully reconciled · 14 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Henry Samueli

Unvested RSUs stated in footnotes are excluded from owned shares. Starting holdings restated for a probable stock split. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Director

90.54M

−2.46M

87.19M

96%

Vesting, gifts, unvested awards and holding lines for Henry Samueli

0shares vested or exercised

−897Kgifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.
Starting holdings restated for a probable stock split.
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	1,890	0
D95GT LLC	Common Stock, $0.001 par value	37,646,856	35,810,224
H&S Investments I, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein	Common Stock, $0.001 par value	31,429,540	29,913,822
E95GT LLC	Common Stock, $0.001 par value	12,272,030	12,272,030
H&S Portfolio II L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein	Common Stock, $0.001 par value	4,596,900	4,596,900
H&S Investments II, L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein	Common Stock, $0.001 par value	4,596,900	4,596,900

Additional holdings last reported Jan 4, 2021, not confirmed since: 75,153,535 shares. Not included in any total or percentage on this page.

Direct, Common Stock: 2,551,095 shares, last reported Mar 15, 2019
H&S Investments I L.P. and through its ownership of membership interests in HS REU, LLC and SFS REU, LLC, direct holders of certain shares of common stock, Common Stock, $0.001 par value: 28,157,600 shares, last reported Apr 13, 2018
D95GT LLC, Common Stock, par value $0.001k: 44,444,840 shares, last reported Jan 4, 2021

Kenneth Hao

Includes unvested RSUs, amount not disclosed. An owner entity could not be identified from the footnotes. Starting holdings restated for a probable stock split. New Form 3 filed 2024-02-07; earlier filings set aside. Shares held through Held through Silver Lake Group, L.L.C belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.

Director

1.34M

no sales

Vesting, gifts, unvested awards and holding lines for Kenneth Hao

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
An owner entity could not be identified from the footnotes.
Starting holdings restated for a probable stock split.
New Form 3 filed 2024-02-07; earlier filings set aside.
Shares held through Held through Silver Lake Group, L.L.C belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock, $0.001 par value	3,942	4,806
LLC	Common Stock, $0.001 par value	1,066,000	1,066,000
Trust	Common Stock, $0.001 par value	203,050	203,050
Limited Partnership	Common Stock, $0.001 par value	53,920	53,920
Heritage Trust	Common Stock, $0.001 par value	13,480	13,480

Hock Tan

Includes unvested RSUs, amount not disclosed.

President and CEO, Director

1.21M

−300K

886K

73%

Vesting, gifts, unvested awards and holding lines for Hock Tan

0shares vested or exercised

−22Kgifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock, $0.001 par value	482,836	110,836
Trust	Common Stock, $0.001 par value	725,638	775,638

Charlie Kawwas

Minor difference of 68 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares.

President, SSG

805K

−78K

865K

+7.4%

Vesting, gifts, unvested awards and holding lines for Charlie Kawwas

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock, $0.001 par value	12,795	74,626
Trust	Common Stock, $0.001 par value	789,784	787,184
Child 1	Common Stock, $0.001 par value	700	785
Child 2	Common Stock, $0.001 par value	700	785
Child 3	Common Stock, $0.001 par value	700	785
spouse as custodian for Child 4	Common Stock, $0.001 par value	700	785

Reconciliation: minor difference of 68 shares. Difference is under 0.5% of holdings.

Kirsten Spears

Minor difference of 37 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Unvested RSUs stated in footnotes are excluded from owned shares.

CFO & Chief Accounting Officer

199K

−96K

238K

+19%

Vesting, gifts, unvested awards and holding lines for Kirsten Spears

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	199,267	237,760

Reconciliation: minor difference of 37 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Check Low

Unvested RSUs stated in footnotes are excluded from owned shares.

Director

113K

114K

no sales

Vesting, gifts, unvested awards and holding lines for Check Low

0shares vested or exercised

0gifted (net of own trusts)

−117withheld by the company for taxes

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	112,898	114,383

Eddy Hartenstein

Unvested RSUs stated in footnotes are excluded from owned shares.

Director

48K

no sales

Vesting, gifts, unvested awards and holding lines for Eddy Hartenstein

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	1,890	1,890
Hartenstein family trust	Common Stock, $0.001 par value	46,400	46,400

Mark Brazeal

Unvested RSUs stated in footnotes are excluded from owned shares.

Chief Legal & Corp Affairs Ofc

46K

−286K

79K

not meaningful

Vesting, gifts, unvested awards and holding lines for Mark Brazeal

0shares vested or exercised

0gifted (net of own trusts)

−8.1Kwithheld by the company for taxes

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	46,177	79,430

Harry You

Unvested RSUs stated in footnotes are excluded from owned shares.

Director

34K

38K

no sales

Vesting, gifts, unvested awards and holding lines for Harry You

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	34,000	37,602

Gayla Delly

Unvested RSUs stated in footnotes are excluded from owned shares.

Director

32K

−2.9K

30K

94%

Vesting, gifts, unvested awards and holding lines for Gayla Delly

0shares vested or exercised

−500gifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	31,750	29,962

Ram Velaga

Minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares. Started reporting during the period; starting holdings are from the Form 3.

President, ISG

29K

−103K

58K

not meaningful

Vesting, gifts, unvested awards and holding lines for Ram Velaga

0shares vested or exercised

0gifted (net of own trusts)

2.25M → 2.25Munvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Unvested RSUs stated in footnotes are excluded from owned shares.
Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock, $0.001 par value	29,208	57,932
Child	Common Stock, $0.001 par value	35	35

Reconciliation: minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Justine Page

Unvested RSUs stated in footnotes are excluded from owned shares.

Director

21K

−6K

17K

77%

Vesting, gifts, unvested awards and holding lines for Justine Page

0shares vested or exercised

−400gifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	21,380	16,562

Diane Bryant

Unvested RSUs stated in footnotes are excluded from owned shares.

Director

6.8K

8.4K

no sales

Vesting, gifts, unvested awards and holding lines for Diane Bryant

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	6,460	8,062
Diane M. Bryant Trust u/a/d 11/08/17	Common Stock, $0.001 par value	320	320

Amie O'Toole

Unvested RSUs stated in footnotes are excluded from owned shares. Started reporting during the period; starting holdings are from the Form 3.

Chief Financial Officer

151

1.7K

no sales

Vesting, gifts, unvested awards and holding lines for Amie O'Toole

0shares vested or exercised

0gifted (net of own trusts)

−1.6Kwithheld by the company for taxes

none reportedunvested awards, start → end

Unvested RSUs stated in footnotes are excluded from owned shares.
Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock, $0.001 par value	151	1,722

14 of 14 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (11 exactly, 3 with a minor or footnoted difference). Percentages cover 12 of 14 officers and directors. Left out: Mark Brazeal and Ram Velaga (most of their shares vested during the period, so a percentage would mislead). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$1.17B of sales by plan status, purpose, seller and month

Officer and director open-market sales: $1.17B across 3,330,025 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $879M · 75%

25%

The lighter segment is sales with no plan disclosed in the filing ($295M), including tax-related sales outside a plan.

No plan disclosed · $180M

Sales with no 10b5-1 plan and no tax reference in the filing. $101M of it is Hock Tan. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Hock Tan, Dec 18, 2025

Taxes

$115M of sales (9.8%) cite tax obligations in their footnotes. Separately, 9,730 shares ($3.3M) were withheld by the company for taxes, which isn't a market sale. Example: Mark Brazeal, Jun 17, 2026

Purchases · 1 buyer (2 trades)

1 officer or director bought shares in this period, in 2 trades(Form 4 code P). Across all their filings on record there are 8 purchase trades.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Henry Samueli Director	2.46M	$878M	100%	75%	Dec 8, 2025 to Sep 23, 2026
Hock Tan President and CEO, Director	300K	$101M	0%	9%	Dec 18, 2025 to Jan 6, 2026
Mark Brazeal Chief Legal & Corp Affairs Ofc	286K	$99.9M	0%	9%	Dec 16, 2025 to Jul 10, 2026
Ram Velaga President, ISG	103K	$34.4M	0%	3%	Mar 16, 2026 to Apr 10, 2026
Kirsten Spears CFO & Chief Accounting Officer	96K	$31.9M	0%	3%	Dec 16, 2025 to Mar 17, 2026
Charlie Kawwas President, SSG	78K	$25.5M	0%	2%	Dec 16, 2025 to Apr 8, 2026
Justine Page Director	6K	$2.1M	39%	0.2%	Oct 14, 2025 to Jun 29, 2026
Gayla Delly Director	2.9K	$1.1M	0%	0.1%	Apr 9, 2026 to Jul 8, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$280K	$280K	$0	$0
Nov 2025	$265K	$265K	$0	$0
Dec 2025	$249M	$129M	$24.0M	$96.5M
Jan 2026	$34.7M	$0	$0	$34.7M
Feb 2026	$0	$0	$0	$0
Mar 2026	$338M	$250M	$88.3M	$0
Apr 2026	$18.1M	$0	$0	$18.1M
May 2026	$0	$0	$0	$0
Jun 2026	$263M	$250M	$3.1M	$10.3M
Jul 2026	$20.2M	$0	$0	$20.2M
Aug 2026	$0	$0	$0	$0
Sep 2026	$250M	$250M	$0	$0
Oct 2026	$0	$0	$0	$0

Board members representing outside shareholders (1)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board member	Held Oct 8, 2025	Sold	Held Oct 8, 2026	Still held
Kenneth Hao i New Form 3 filed 2024-02-07; earlier filings set aside. Director	0	0	0	no sales
Vesting, gifts, unvested awards and holding lines for Kenneth Hao 0shares vested or exercised 0gifted (net of own trusts) none reportedunvested awards, start → end New Form 3 filed 2024-02-07; earlier filings set aside.

Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 1.6x the 5-year average. 8 insiders sold; the average is 8 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	3.33M	8	$1.17B
Oct 8, 2025 1 year earlier	2.51M	11	$641M
Oct 8, 2024 2 years earlier	1.15M	7	$158M
Oct 9, 2023 3 years earlier	519K	7	$34.0M
Oct 9, 2022 4 years earlier	420K	7	$25.6M
Oct 9, 2021 5 years earlier	5.69M	8	$231M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Charlie Kawwas: minor difference of 68 shares. Difference is under 0.5% of holdings.

Kirsten Spears: minor difference of 37 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Ram Velaga: minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "H&S Investments I L.P. The total" is treated as the same holder as "H&S Investments I L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein", because the old name was never reported again and the new one opened with the same balance (28,157,590 shares). Old name, new name

Inferred rename: "spouse as custodian for Child 3" is treated as the same holder as "Child 3", because the old name was never reported again and the new one opened with the same balance (550 shares). Old name, new name

Inferred typo: the share class "Common Stock. $0.001 par value" is treated as the same class as "Common Stock, $0.001 par value" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Henry Samueli, 12,272,030 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology484 filings from SEC EDGAR, and how we read them

All 484 Forms 3, 4 and 5 filed for Broadcom (SEC CIK 1730168) from Apr 6, 2018 to Sep 25, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 10-for-1 stock split on or before Jul 13, 2024 (split date stated in a footnote). Splits aren't reported as transactions; 18 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (7)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Raul Fernandez	Apr 5, 2023	15,703 shares, last reported balance as of Apr 3, 2023
Thomas Krause	Mar 17, 2022	369,600 shares, last reported balance as of Mar 16, 2022
Bryan Ingram	Jun 28, 2019	649,275 shares, last reported balance as of Jun 26, 2019
Peter Marks	Apr 3, 2019	337,095 shares, last reported balance as of Apr 1, 2019
Donald Macleod	Jan 9, 2019	544,843 shares, last reported balance as of Jan 7, 2019
Lewis Eggebrecht	Dec 18, 2018	113,733 shares, last reported balance as of Dec 14, 2018
James Diller	Apr 6, 2018	1,441,233 shares, last reported balance as of Apr 4, 2018

Broadcom insiders sold $1.17B in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Outside holders, reported separately

Common questions

Is the Broadcom CEO selling stock?

Why are Broadcom insiders selling?

Are any Broadcom insiders buying?

How much of their stake did Broadcom insiders sell?

The evidence

No plan disclosed · $180M

Taxes

Purchases · 1 buyer (2 trades)

Sales by month