Berkshire Hathaway (BRK) insider Chang discloses 6 Class A shares via LLC
Rhea-AI Filing Summary
Berkshire Hathaway Inc. insider Charles C. Chang filed an initial ownership report showing indirect holdings of Class A Common Stock. The filing lists 6 shares of Class A held through a limited liability company controlled by Chang and his spouse. Each share of Class A Common Stock is convertible at any time into 1,500 shares of Class B Common Stock at the holder’s option. This Form 3 is a disclosure of existing indirect ownership rather than a report of new buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chang Charles C
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6 shares (Indirect, By LLC)
Footnotes (2)
- F1. 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.
- F2. Shares held by a limited liability company controlled by the reporting person and the reporting person's spouse.
Key Figures
Indirect Class A holdings: 6 shares
Conversion ratio: 1 share A : 1,500 shares B
Underlying shares: 6 shares
3 metrics
Indirect Class A holdings
6 shares
Class A Common Stock held via LLC
Conversion ratio
1 share A : 1,500 shares B
Class A to Class B conversion option
Underlying shares
6 shares
Underlying Class A noted in derivative summary
Key Terms
Class A Common Stock, Class B Common Stock, limited liability company, indirect ownership
4 terms
Class A Common Stock financial
"Each share of Class A Common Stock is convertible at any time at the option of the holder"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"into 1,500 shares of Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
limited liability company financial
"Shares held by a limited liability company controlled by the reporting person and the reporting person's spouse"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
indirect ownership financial
"total_shares_following_transaction: 6.0000, direct_or_indirect: I, nature_of_ownership: By LLC"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Charles C. Chang’s Form 3 filing for BRK show?
The Form 3 shows Charles C. Chang’s initial reported holdings in Berkshire Hathaway. It discloses indirect ownership of 6 shares of Class A Common Stock held through a limited liability company controlled by Chang and his spouse.