Form 4: Warren Buffett Gifts Berkshire Hathaway Shares in Recent Transaction
SEC Form 4 Filing
Warren Buffett gifted 10 Class B shares of Berkshire Hathaway stock on September 12, 2024, according to a recent SEC filing.
Summary
- Warren Buffett, Chairman and CEO of Berkshire Hathaway, gifted 10 Class B shares of Berkshire Hathaway stock on September 12, 2024.
- The shares were gifted to an individual and the transaction was reported in a Form 4 filing with the SEC.
- The transaction did not involve any monetary exchange, with a price of $0.00 per share listed.
- Following the transaction, Mr. Buffett directly owns 1,343 Class B shares and 207,963 Class A shares (convertible to 1,500 Class B shares each).
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding a gift of shares, which is neither positive nor negative from an investment perspective.
Industry Context
This is a routine filing related to changes in beneficial ownership by a company insider and is not indicative of any broader industry trend.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as Warren Buffett, and are common across all publicly traded companies.
- The gifting of shares is a personal transaction and does not have a direct comparison to industry standards for corporate transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a personal gift by Mr. Buffett and does not affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of the share gift transaction. |
| 09/13/2024 | Date the SEC Form 4 was signed. |
Keywords
Warren Buffett, Berkshire Hathaway, Class B Shares, Class A Shares, SEC Form 4, Gift, Beneficial Ownership, Share Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.