According to SEC Form 4 filings from March 18, 2026, the total volume of shares sold was actually higher than initially reported in some circles.
Between March 16 and March 17, 2026, Velaga sold a combined total of 60,276 shares of Broadcom (AVGO) common stock.
Transaction Breakdown
The sales were executed in multiple batches over the two-day period:
• March 16, 2026: Sold 25,538 shares at an average price of $326.10.
• March 17, 2026: Sold 38,841 shares at an average price of $321.60.
• Total Value: The transactions yielded approximately $20.8 million.
• Post-Sale Ownership: Velaga now directly holds 96,147 shares, representing a reduction of roughly 28.8% in his direct position.
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