Broadcom AVGOExecutives
Broadcom grants CEO Hock Tan a performance stock unit award tied to AI revenue
Filed Sep 9, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On September 3, 2025, the independent directors granted CEO Hock Tan a performance stock unit award with a target of 610,521 shares.
- It vests only if AI revenue targets are met from the start of fiscal 2028 through the end of fiscal 2030.
- AI revenue of $90 billion pays 100% of target; $120 billion or more pays the maximum 300%.
- At $60 billion or less the payout is 0%; Tan agreed to hold shares from the 2023 award through November 3, 2030.
Items reported
- 5.02 Executives or directors
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.