Chief Legal Officer Brazeal sells 8,152 shares ($3.2M) in 26 separate transactions over two days at AVGO; retains 269,989 shares post-sale.
Mark David Brazeal, Chief Legal & Corporate Affairs Officer, executed 26 separate sales totaling 8,152 shares for $3,175,919.06 across June 16–17, 2026, reducing his holdings by 2.9% to 269,989 shares. The multi-tranche structure over two consecutive days, with prices ranging from $377.10 to $400.29 and a blended average of $389.59, represents a significant liquidation event, though he retains substantial ownership. At his prior five sales at AVGO (all on 2026-03-17), none were well-timed at the 90-day mark—each subsequent 90-day period showed positive returns (+21.3% to +23.9%), meaning the stock rose after each sale. The current sale occurs against a backdrop where Broadcom's stock has risen 32.5% over 90 days and stands at $411.35, above the transaction prices, suggesting the company maintains strong momentum. With a P/E of 66.78, revenue growth of +23.9%, and $9.3B in net income on $22.2B quarterly revenue, the stock reflects elevated valuation but robust fundamentals. The absence of scheduled-trade flagging means this filing represents discretionary selling activity.