4/A: Berkshire Hathaway Director Meryl Witmer Corrects Beneficial Ownership Reporting After Charitable Donation

Sentiment:

SEC Filing


Director Meryl Witmer files an amended Form 4 to correct previous reporting errors and disclose a donation of Class B Common Stock to a charitable foundation.

Summary

  • Meryl Witmer, a director of Berkshire Hathaway Inc., filed an amended Form 4 with the SEC.
  • The amendment corrects errors in previously reported amounts of indirectly beneficially owned securities.
  • The original filing date was May 19, 2020.
  • On February 24, 2025, Mrs. Witmer donated 1,000 shares of Class B Common Stock to a charitable foundation.
  • The donation was a bona fide gift for no consideration.
  • Mrs. Witmer disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest.
  • The report should not be deemed an admission that Mrs. Witmer is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing, with a neutral sentiment. The charitable donation is a slightly positive element.

Positives

  • The donation of shares to a charitable foundation could be viewed positively from a social responsibility perspective.

Management Comments

  • Mrs. Witmer disclaims beneficial ownership of the reported securities except to the extent of her pecuniary interest therein.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Comparison to Industry Standards

  • Form 4 filings are standard practice for directors and officers of publicly traded companies, as mandated by the SEC.
  • The information disclosed is comparable to similar filings made by insiders at other large corporations like Apple, Microsoft, and Amazon.

Stakeholder Impact

  • The charitable donation may have a minor positive impact on the company's reputation.

Key Dates

DateDescription
05/19/2020Date of original Form 4 filing that was amended.
02/24/2025Date of transaction (donation of Class B Common Stock).
02/25/2025Date of amended Form 4 filing.

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