Berkshire Hathaway reports 7.8% passive stake in Bank of America

Bank of America Corporation received an updated ownership report on its common stock from Warren E. Buffett, Berkshire Hathaway Inc. and a broad group of Berkshire insurance and finance subsidiaries.

Accepted by SEC EDGAR 11/14/2025 - 08:40 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Bank of America Corporation received an updated ownership report on its common stock from Warren E. Buffett, Berkshire Hathaway Inc. and a broad group of Berkshire insurance and finance subsidiaries. The group reports beneficial ownership of 568,070,012 Bank of America common shares, representing 7.8% of the outstanding class, with shared voting and dispositive power over these shares and no sole power. Major holding entities include National Indemnity Company, GEICO-related companies, Columbia Insurance Company and others within the Berkshire group. The filers certify that the shares were not acquired and are not held for the purpose of changing or influencing control of Bank of America, indicating a passive investment position under Schedule 13G/A.

Insights

Equity ownership analyst

Berkshire reports a large, passive 7.8% stake in Bank of America.

Berkshire Hathaway, led by Warren E. Buffett, reports beneficial ownership of 568,070,012 shares of Bank of America common stock, equal to 7.8% of the class. Voting and dispositive authority over these shares is described as shared among Berkshire and numerous insurance and finance subsidiaries, with no sole voting or dispositive power listed.

The use of Schedule 13G/A and the explicit certification that the securities "were not acquired and are not held" to change or influence control frame this as a passive ownership position. This distinguishes it from activist or control-focused filings and aligns with long-term portfolio-style holdings often associated with Berkshire’s insurance and investment operations.

Within the group, several entities report sizeable blocks, such as National Indemnity Company and multiple GEICO-branded companies, while Berkshire Hathaway Inc. itself is identified as a parent holding company and control person. Future changes in the reported share count or percentage in subsequent ownership reports would indicate adjustments to this large strategic position.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much of Bank of America (BAC) does Warren Buffett’s Berkshire Hathaway own?

The Berkshire Hathaway group, including Warren E. Buffett and numerous subsidiaries, reports beneficial ownership of 568,070,012 Bank of America common shares, representing 7.8% of the outstanding class.

Is Berkshire Hathaway’s Bank of America (BAC) stake a passive investment?

Yes. The filers certify that the Bank of America securities "were not acquired and are not held" for the purpose of changing or influencing control of the issuer, consistent with a passive Schedule 13G/A filing.

Who are the main reporting persons in this Bank of America Schedule 13G/A amendment?

The filing lists Warren E. Buffett, Berkshire Hathaway Inc., and many Berkshire subsidiaries, including National Indemnity Company, GEICO Corporation, Government Employees Insurance Company, GEICO Indemnity Company, Columbia Insurance Company, General Re Corporation, and others.

What voting power does Berkshire have over its Bank of America (BAC) shares?

For the 7.8% stake reported, the filing shows 0 shares with sole voting power and 568,070,012 shares with shared voting power, with an identical split for dispositive power.

Which Berkshire subsidiaries hold significant Bank of America shares?

Subsidiaries reporting sizable positions include National Indemnity Company with 450,665,500 shares (6.1% of the class) and GEICO Corporation with 310,800,000 shares (4.2%), along with several related insurance companies holding smaller blocks.

What type of securities are reported in this Berkshire Schedule 13G/A for Bank of America?

The filing covers Bank of America Corporation Common Stock, par value $0.01 per share, identified by CUSIP 060505104.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

BANK OF AMERICA CORPORATION

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

060505104

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Warren E. Buffett

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 568,070,012.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 568,070,012.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

568,070,012.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.8 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Berkshire Hathaway Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 568,070,012.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 568,070,012.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

568,070,012.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.8 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

National Indemnity Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 450,665,500.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 450,665,500.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

450,665,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.1 %

12

Type of Reporting Person (See Instructions)

IC, CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

GEICO Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 310,800,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 310,800,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

310,800,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.2 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Government Employees Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 229,600,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 229,600,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

229,600,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.1 %

12

Type of Reporting Person (See Instructions)

IC, CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

GEICO Indemnity Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 81,200,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 81,200,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

81,200,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.1 %

12

Type of Reporting Person (See Instructions)

IC, CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

General Re Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 21,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 21,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

21,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.3 %

12

Type of Reporting Person (See Instructions)

CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

General Reinsurance Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 21,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 21,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

21,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.3 %

12

Type of Reporting Person (See Instructions)

IC, CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

General Star National Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

OHIO

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,960,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,960,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,960,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.03 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Central States of Omaha Companies, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,920,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,920,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,920,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.05 %

12

Type of Reporting Person (See Instructions)

CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Central States Indemnity Company of Omaha

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,920,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,920,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,920,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.05 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Berkshire Hathaway Homestate Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,900,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,900,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,900,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.2 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

BH Finance LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 82,684,512.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 82,684,512.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

82,684,512.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.1 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Oak River Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,200,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,200,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,200,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.05 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Cypress Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,100,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,100,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,100,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.03 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Columbia Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 82,684,512.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 82,684,512.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

82,684,512.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.1 %

12

Type of Reporting Person (See Instructions)

IC, CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

National Indemnity Company of the South

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,800,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,800,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,800,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.04 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

National Indemnity Company of Mid-America

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

IOWA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,380,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,380,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,380,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.03 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Berkshire Hathaway Specialty Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEBRASKA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,400,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,400,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,400,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.02 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

U.S. Investment Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,800,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,800,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,800,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

United States Liability Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 9,800,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 9,800,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,800,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

IC, CO, HC

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

First Berkshire Life Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 145,500.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 145,500.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

145,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.00 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

General Star Indemnity Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CONNECTICUT

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,040,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,040,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,040,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

CUSIP No. 060505104

1

Names of Reporting Persons

Mount Vernon Fire Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 7,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 7,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BANK OF AMERICA CORPORATION
(b)	Address of issuer's principal executive offices: 100 North Tryon Street, Charlotte, North Carolina 28255
Item 2.
(a)	Name of person filing: Warren E. Buffett Berkshire Hathaway Inc. National Indemnity Company GEICO Corporation Government Employees Insurance Company GEICO Indemnity Company Columbia Insurance Company General Re Corporation General Reinsurance Corporation General Star Indemnity Company United States Liability Insurance Company General Star National Insurance Company Oak River Insurance Company National Indemnity Company of the South Cypress Insurance Company National Indemnity Company of Mid-America Central States of Omaha Companies, Inc. Berkshire Hathaway Specialty Insurance Company Central States Indemnity Company of Omaha Mount Vernon Fire Insurance Company Berkshire Hathaway Homestate Insurance Company BH Finance LLC First Berkshire Life Insurance Company U.S. Investment Corporation
(b)	Address or principal business office or, if none, residence: Warren E. Buffett 3555 Farnam Street Omaha, NE 68131 Berkshire Hathaway Inc. 3555 Farnam Street Omaha, NE 68131 National Indemnity Company 1314 Douglas Street Omaha, NE 68102 GEICO Corporation 5260 Western Ave. Chevy Chase, MD 20815 Government Employees Insurance Company 5260 Western Ave. Chevy Chase, MD 20815 GEICO Indemnity Company 5260 Western Ave. Chevy Chase, MD 20815 Columbia Insurance Company 1314 Douglas Street Omaha, NE 68102 General Re Corporation 120 Long Ridge Road Stamford, CT 06902 General Reinsurance Corporation 120 Long Ridge Road Stamford, CT 06902 General Star Indemnity Company 120 Long Ridge Road Stamford, CT 06902 United States Liability Insurance Company 1190 Devon Park Drive Wayne, PA 19087 General Star National Insurance Company 120 Long Ridge Road Stamford, CT 06902 Oak River Insurance Company 1314 Douglas Street Omaha, NE 68102 National Indemnity Company of the South 1314 Douglas Street Omaha, NE 68102 Cypress Insurance Company 1314 Douglas Street Omaha, NE 68102 National Indemnity Company of Mid-America 1314 Douglas Street Omaha, NE 68102 Central States of Omaha Companies, Inc. 1212 North 96th Street Omaha, NE 68114 Berkshire Hathaway Speciality Insurance Company 1314 Douglas Street Omaha, NE 68102 Central States Indemnity Company of Omaha 1212 North 96th Street Omaha, NE 68114 Mount Vernon Fire Insurance Company 1190 Devon Park Drive Wayne, PA 19087 Berkshire Hathaway Homestate Insurance Company 1314 Douglas Street Omaha, NE 68102 BH Finance LLC 3555 Farnam Street, Suite 1440 Omaha, NE 68131 First Berkshire Life Insurance Company 1314 Douglas Street Omaha, NE 68102 U.S. Investment Corporation 190 South Warner Road Wayne, PA 19087
(c)	Citizenship: Warren E. Buffett (United States); Berkshire Hathaway Inc. (Delaware); National Indemnity Company (Nebraska); GEICO Corporation (Delaware); Government Employees Insurance Company (Nebraska); GEICO Indemnity Company (Nebraska); Columbia Insurance Company (Nebraska); General Re Corporation (Delaware); General Reinsurance Corporation (Delaware); General Star Indemnity Company (Connecticut); United States Liability Insurance Company (Pennsylvania); General Star National Insurance Company (Ohio); Oak River Insurance Company (Nebraska); National Indemnity Company of the South (Florida); Cypress Insurance Company (California); National Indemnity Company of Mid-America (Iowa); Central States of Omaha Companies, Inc. (Nebraska); Berkshire Hathaway Specialty Insurance Company (Nebraska); Central States Indemnity Company of Omaha (Nebraska); Mount Vernon Fire Insurance Company (Pennsylvania); Berkshire Hathaway Homestate Insurance Company (Nebraska); BH Finance LLC (Nebraska); First Berkshire Life Insurance Company (New York); U.S. Investment Corporation (Pennsylvania).
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 060505104
Item 4.	Ownership
(a)	Amount beneficially owned: See the Cover Pages for each of the Reporting Persons.
(b)	Percent of class: See the Cover Pages for each of the Reporting Persons.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the Cover Pages for each of the Reporting Persons.
	(ii) Shared power to vote or to direct the vote: See the Cover Pages for each of the Reporting Persons.
	(iii) Sole power to dispose or to direct the disposition of: See the Cover Pages for each of the Reporting Persons.
	(iv) Shared power to dispose or to direct the disposition of: See the Cover Pages for each of the Reporting Persons.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Not Applicable.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A.
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See Exhibit A.
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not Applicable.

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Warren E. Buffett

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett
Date:	11/14/2025

Berkshire Hathaway Inc.

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Chairman of the Board
Date:	11/14/2025

National Indemnity Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

GEICO Corporation

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E/ Buffett, Attorney-in-Fact
Date:	11/14/2025

Government Employees Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

GEICO Indemnity Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

General Re Corporation

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

General Reinsurance Corporation

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

General Star National Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Central States of Omaha Companies, Inc.

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Central States Indemnity Company of Omaha

Signature:	/s/ Warren Buffett
Name/Title:	Warren Buffett, Attorney-in-Fact
Date:	11/14/2025

Berkshire Hathaway Homestate Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

BH Finance LLC

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Oak River Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Cypress Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Columbia Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

National Indemnity Company of the South

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

National Indemnity Company of Mid-America

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Berkshire Hathaway Specialty Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

U.S. Investment Corporation

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

United States Liability Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

First Berkshire Life Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

General Star Indemnity Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025

Mount Vernon Fire Insurance Company

Signature:	/s/ Warren E. Buffett
Name/Title:	Warren E. Buffett, Attorney-in-Fact
Date:	11/14/2025