Broadcom (AVGO) Co-Founder Henry Samueli Sells 668,367 Shares on June 24

Broadcom Inc. (ticker AVGO) co-founder and insider Henry Samueli sold 668,367 shares of common stock on June 24, 2026, under a pre-established Rule 10b5-1 plan, generating approximately $256 million in cash[2]. Around the same time, the Chief Legal and Corporate Affairs Officer and other executives also executed substantial sales and purchases, reflecting ongoing adjustments to management’s holdings[1][3]. Despite this transaction, Samueli continues to hold a significant economic interest—estimated at approximately KRW 18 trillion—preserving his control with no material change in his voting power[2].

The transactions by Samueli were executed under a Rule 10b5-1 trading plan adopted on December 16, 2025, with multiple small block sales conducted throughout June 24 at prices ranging from roughly $377 to $388 per share[2]. The key details of each transaction are as follows[2].

Date	Type	Price per Share (USD)	Quantity (Shares)	Transaction Amount (USD)
2026-06-24	Sale	377.61	23,253	8,776,762.33
2026-06-24	Sale	378.51	33,346	12,618,613.46
2026-06-24	Sale	379.76	30,911	11,740,051.36
2026-06-24	Sale	380.57	48,996	18,644,547.72
2026-06-24	Sale	381.68	36,661	13,995,979.48
2026-06-24	Sale	382.63	26,889	10,293,136.07
2026-06-24	Sale	383.69	36,188	13,877,833.72
2026-06-24	Sale	384.58	43,302	16,657,542.16
2026-06-24	Sale	385.57	53,722	20,711,081.54
2026-06-24	Sale	386.39	6,280	2,427,819.20
2026-06-24	Sale	388.01	660	256,086.60
2026-06-24	Sale	377.64	21,603	8,159,765.92
2026-06-24	Sale	378.50	30,456	11,530,056.00
2026-06-24	Sale	379.69	24,073	9,140,175.37
2026-06-24	Sale	380.57	49,805	18,958,238.85
2026-06-24	Sale	381.67	34,517	13,178,983.39
2026-06-24	Sale	382.62	25,134	9,618,961.08
2026-06-24	Sale	383.69	32,950	12,641,155.50
2026-06-24	Sale	384.63	41,290	15,893,612.70
2026-06-24	Sale	385.61	47,510	18,320,271.10
2026-06-24	Sale	386.39	6,478	2,505,814.42
2026-06-24	Sale	388.17	217	84,232.89

On the same day, Samueli also reported internal transfers (transaction code 'G') of 69,498 and 263,903 shares among entities he indirectly owns, and on June 17 and 18, respectively, 1,602 and 1,890 shares were transferred at $0 each[2]. Following these transfers, Samueli continues to hold over 30 million shares in total—including 2,754 shares held directly and 29,984,040, 12,272,030, and 4,596,900 shares held indirectly—equating to an estimated economic interest of approximately $18.2 billion at the relevant price levels[2].

Other management transactions followed. On June 25, Broadcom’s Chief Legal and Corporate Affairs Officer, Mark David Braziel, sold 25,000 shares of common stock at roughly $387 per share, raising approximately $9.675 million[3]. After the sale, he still holds 244,989 shares—including 123,750 RSUs—representing about $94.81 million in remaining equity[3]. Earlier, on June 11, insider Harry L. You purchased 1,000 shares in the open market at roughly $373.57 each, investing around $373,570, and has since increased his total stake to 38,466 shares (including 864 RSUs), valued at approximately $14.356 million[1].