Since all Broadcom employees have their RSU's vest at the same time, do you typically see a sharp decrease in price every scheduled vesting date when a large number of employees are cashing them out? Or is this typically not large enough to make a difference in the price?
3 replies (most recent on top)
All the employees put together won’t make a dusky square to the volume in trading, so it amounts to nothing, execs it’s a different story and most of them sell off no matter the price at a schedule date for reasons such as tax and their own things like charity and such, not speaking about Broadcom in general, not saying nobody at Broadcom do charity, I know very little about Broadcom executives and what they do in their personal life.
Is this a joke? The top few (if not the largest) single-employee AVGO stock owner is Hock. (The co-founder doesn't count as an employee) . If he is cashing out more than the usual amount he has been doing, that is some bad news, not because of the amount of stocks he is selling. Individual employees own peanuts of the stock that don't move the stock by a Planck.
It takes billions to move avgo lol. Employees selling can’t do jack. JP Morgan and Blackrock increase their positions in this guy last quarter massively.