BERKSHIRE HATHAWAY INC - 02 Jan 2024 Form 4 Insider Report for LIBERTY MEDIA LLC

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 02 Jan 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 04 Jan 2024, 21:32:22 UTC
Next SEC filing: 17 Jan 2024
Source filing: View source filing
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 LLC on 04 Jan 2024.

Key facts

This page summarizes BERKSHIRE HATHAWAY INC's Form 4 filing for LIBERTY MEDIA LLC.
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 04 Jan 2024, 21:32.

Change

No earlier filing in this sequence is available for direct comparison.
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

Reporting Owners (2)

CIK 0001067983 Primary reporting owner

BERKSHIRE HATHAWAY INC

Relationship: 10%+ Owner
Address: 3555 FARNAM STREET, OMAHA
Signature: /s/ Warren E. Buffett (on behalf of himself and each other reporting person hereunder)
Signature date: 04 Jan 2024

CIK 0000315090

BUFFETT WARREN E

Relationship: 10%+ Owner
Address: 3555 FARNAM STREET, OMAHA
Signature: /s/ Warren E. Buffett (on behalf of himself and each other reporting person hereunder)
Signature date: 04 Jan 2024

Reported non-derivative transactions

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

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +344,569
Change %: +0.8%
Price: $29.19^*
Shares after: 43,552,860
Date: 02 Jan 2024
Ownership: See footnotes
Footnotes: F1, F2, F3

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +344,569
Change %: +0.8%
Price: $29.19^*
Shares after: 43,552,860
Date: 02 Jan 2024
Ownership: See footnotes
Footnotes: F1, F2, F3

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +272,646
Change %: +0.63%
Price: $29.53^*
Shares after: 43,825,506
Date: 03 Jan 2024
Ownership: See footnotes
Footnotes: F2, F3, F4

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +272,646
Change %: +0.63%
Price: $29.53^*
Shares after: 43,825,506
Date: 03 Jan 2024
Ownership: See footnotes
Footnotes: F2, F3, F4

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +312,004
Change %: +0.71%
Price: $29.98^*
Shares after: 44,137,510
Date: 03 Jan 2024
Ownership: See footnotes
Footnotes: F2, F3, F5

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +312,004
Change %: +0.71%
Price: $29.98^*
Shares after: 44,137,510
Date: 03 Jan 2024
Ownership: See footnotes
Footnotes: F2, F3, F5

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +740,000
Change %: +1.7%
Price: $30.02^*
Shares after: 44,877,510
Date: 04 Jan 2024
Ownership: See footnotes
Footnotes: F2, F3, F6

No ticker transaction

Series C Liberty SiriusXM Common Stock

Purchase

Transaction value
Shares: +740,000
Change %: +1.7%
Price: $30.02^*
Shares after: 44,877,510
Date: 04 Jan 2024
Ownership: See footnotes
Footnotes: F2, F3, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.6500 to $29.4800. The Reporting Persons undertake to provide Liberty Media Corporation ("Liberty"), any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 1 to this Form 4.

Footnote F2

30,099,188 of the total reported shares of Series C Liberty SiriusXM Common Stock are owned as of January 4, 2024 by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): Government Employees Insurance Company (23,699,552), 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 presently to both beneficially own and have a pecuniary interest in all such shares presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, such shares presently 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

14,778,322 of the total reported shares of Series C Liberty SiriusXM Common Stock are owned as of January 4, 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.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.8800 to $29.8750. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 4 to this Form 4.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.8800 to $30.0000. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 5 to this Form 4.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.7500 to $30.1700. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 6 to this Form 4.