Form 4: Warren Buffett Reports Gift of Berkshire Hathaway Class B Shares

Warren Buffett gifted 1,233 shares of Berkshire Hathaway Class B common stock to a charitable organization.

Summary

• Warren Buffett, Chairman and CEO of Berkshire Hathaway, reported a transaction on July 2, 2024.
• He gifted 1,233 shares of Berkshire Hathaway Class B common stock to a charitable organization.
• The transaction was a gift, with a price of $0.00 per share.
• Following the transaction, Buffett directly owns 1,353 shares of Class B common stock.
• Buffett also holds 207,963 shares of Class A common stock, which are convertible into 1,500 shares of Class B stock each.

Sentiment

Score: 7

Explanation: The document is a routine filing of a gift of shares, which is neither positive nor negative for the company's performance. The sentiment is neutral to slightly positive due to the charitable nature of the transaction.

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 trends.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The transaction is a personal gift and does not reflect on the company's performance or strategy.
• Other large shareholders and insiders of public companies regularly file similar forms when their ownership changes.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a personal gift by an insider.
• The charitable organization benefits from the gift of shares.

Key Dates

Keywords

Warren Buffett, Berkshire Hathaway, Class B Common Stock, Class A Common Stock, Charitable Gift, SEC Form 4, Beneficial Ownership