Samueli Foundation Files Form 144 to Sell $25.8M of Broadcom ($AVGO)

Executive Summary

On September 23, 2026, the Samueli Foundation, an affiliate entity of Broadcom Inc. ($AVGO), filed a Form 144 proposing to sell 72,474 shares of common stock with an estimated aggregate market value of approximately $25.80 million through Northern Trust Securities, Inc.

Transaction Details

• Security: Common Stock
• Shares to be Sold: 72,474
• Aggregate Market Value: $25,797,598.63 (~$355.96 per share implied)
• Shares Outstanding: 4,773,629,865
• Proportion of Outstanding: <0.01%
• Nature of Acquisition: Gifted from D95GT LLC on 09/23/2026 (originally acquired 08/14/1991)
• Trading Plan: Pre-arranged Rule 10b5-1 trading plan adopted on December 16, 2025

Prior Sales in Past 3 Months

Related entities and the filer reported significant selling activity over the past 90 days:

• 06/24/2026: Samueli Foundation sold 186,089 shares ($71.21M)
• 06/24/2026: The Rinks Foundation sold 15,784 shares ($6.04M)
• 06/24/2026: H&S Investments I, LP sold 314,033 shares ($120.00M)
• 06/24/2026: D95GT LLC sold 340,208 shares ($130.00M)
• 09/23/2026: H&S Investments I, LP sold 70,218 shares ($25.00M)
• 09/23/2026: D95GT LLC sold 631,972 shares ($225.00M)

Market Impact & Significance

The proposed sale represents an ongoing scheduled liquidation under a Rule 10b5-1 trading plan established in late 2025 by Dr. Henry Samueli's affiliated philanthropic and investment entities. Due to the pre-scheduled nature under Rule 10b5-1 and the fractional percentage relative to Broadcom's total float, the transaction carries moderate signaling significance.