Broadcom CEO Tan Hock E. sold 70,000 shares of company stock on January 6, 2026. The transaction generated approximately $24.3 million.
The sales were executed in multiple parts, with share prices ranging from $346.75 to $348.28. Following the divestiture, Tan Hock E. directly owns 132,836 shares. He also indirectly holds 775,638 shares through a trust.
This sale followed another significant insider transaction on the same day. Chief Legal & Corporate Affairs Officer Mark David Brazeal also sold $10.4 million worth of stock on January 6.
Large-scale selling by top executives can attract investor scrutiny. The reasons for the sales remain publicly undisclosed, though they could potentially be part of pre-planned financial management strategies.