Summary by Futu AI
Broadcom Inc. President and CEO, Hock E. Tan, completed a stock transaction on November 6, 2024, involving the company's common stock. The transaction included the sale of 696,804 shares at a price of $179.55 per share, resulting in a total market value of approximately $125.11 million. Following the transaction, Tan holds 887,836 direct shares in Broadcom. Additionally, Tan has an indirect ownership of 1,131,910 shares held by a trust. The nature of the shares sold was direct, and the transaction was completed on the same day it was initiated.