Ajit Jain (NYSE: BRK) reports charitable gift of Berkshire Hathaway Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Berkshire Hathaway vice chairman Ajit Jain reported a charitable gift of 22 shares of Class B Common Stock on March 27, coded as a bona fide gift. After the donation, he directly holds 330 Class B shares.
He also has direct derivative holdings convertible into 91,500 Class B shares through Class A stock, and indirect derivative holdings convertible into 25,500, 57,000, and 75,000 Class B shares via family trusts and the Jain Foundation. In addition, the Jain Foundation indirectly holds 107,308 Class B shares. The filing mainly updates these positions and reflects a small, non-market gift transfer rather than a sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
22 shares gifted
Mixed
6 txns
Insider
Jain Ajit
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 22 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 330 shares (Direct);
Class A Common Stock — 91,500 shares (Direct);
Class A Common Stock — 25,500 shares (Indirect, By Indrima Jain Trusts);
Class B Common Stock — 107,308 shares (Indirect, By Jain Foundation Inc. (Non-Profit Corporation))
Footnotes (1)
- On March 27th, the Reporting Person made charitable gifts totaling 22 shares of Class B Common Stock. Each share of Class A Common Stock is convertible at any time at the option of the holder into 1,500 shares of Class B Common Stock. Family trusts established by the Reporting Person's spouse for the benefit of the Reporting Person's descendants own 17 shares of Class A Common Stock. Family trusts established by the Reporting Person for the benefit of the Reporting Person's descendants own 38 shares of Class A Common Stock. The non-profit corporation Jain Foundation, Inc. owns 50 shares of Class A Common Stock.
FAQ
What insider transaction did Ajit Jain report for Berkshire Hathaway (BRK)?
Ajit Jain reported making charitable gifts totaling 22 shares of Berkshire Hathaway Class B Common Stock. The transaction is coded as a bona fide gift, meaning no sale occurred and no price was received, so it does not represent open-market trading activity.
What derivative Berkshire Hathaway positions tied to Class B stock does Ajit Jain report?
Ajit Jain reports Class A Common Stock positions convertible into 91,500 Class B shares directly, plus 25,500, 57,000, and 75,000 Class B equivalents held indirectly via family trusts and the Jain Foundation. These zero-exercise-price positions show substantial exposure to Berkshire Hathaway Class B stock.
What Berkshire Hathaway holdings are reported through the Jain Foundation Inc.?
The filing shows Jain Foundation Inc. indirectly owning 75,000 Class B equivalents through Class A stock and 107,308 Class B Common shares outright. These positions are reported as indirect holdings associated with Ajit Jain, reflecting shares owned by the non-profit corporation.