BERKSHIRE HATHAWAY INC - 09 Sep 2024 Form 4 Insider Report for Liberty Media Corp (FWONA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Sep 2024, 21:26:16 UTC
Prior SEC filing
10 Sep 2024
Next SEC filing
19 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Warren E. Buffett (on behalf of himself and each other reporting person hereunder)

Key filing fact

BERKSHIRE HATHAWAY INC filed Form 4 for Liberty Media Corp (FWONA) on 12 Sep 2024.

Key facts

  • This page summarizes BERKSHIRE HATHAWAY INC's Form 4 filing for Liberty Media Corp (FWONA).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Sep 2024, 21:26.

Change

  • Previous filing in this sequence was filed on 10 Sep 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LSXMK transaction

Series C Liberty SiriusXM Common Stock

Other

Transaction value
$0
Shares
-70,002,897
Change %
-100%
Price
$0.000000
Shares after
0
Date
09 Sep 2024
Ownership
See footnotes
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

BERKSHIRE HATHAWAY INC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On September 9, 2024, Liberty Media Corporation redeemed each share of its Series A Liberty SiriusXM common stock, Series B Liberty SiriusXM common stock and Series C Liberty SiriusXM common stock for 0.8375 of a share of common stock of Sirius XM Holdings Inc. (formerly known as Liberty Sirius XM Holdings Inc., "Sirius XM Holdings") with cash paid in lieu of any fractional shares of common stock of Sirius XM Holdings, after aggregating all shares of common stock of Sirius XM Holdings issuable by series of Liberty SiriusXM common stock.

Footnote F2

55,224,575 of the total reported shares of Series C Liberty SiriusXM Common Stock were owned as of September 9, 2024 by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): Government Employees Insurance Company (48,824,939), National Fire & Marine Insurance Company (650,480), and National Indemnity Company (5,749,156). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed to both beneficially own and have a pecuniary interest in all such shares owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed to beneficially own, but only to the extent he has a pecuniary interest in, such shares owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Footnote F3

3. 14,778,322 of the total reported shares of Series C Liberty SiriusXM Common Stock were owned as of September 9, 2024 by the following pension plans of Berkshire's subsidiaries: Berkshire Hathaway Consolidated Pension Plan (10,244,748), BNSF Master Retirement Trust (3,014,156), Precision Castparts Corp. Master Trust (1,319,418), and Scott Fetzer Collective Investment Trust (200,000). Each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares.

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