BRK Form 4: Jain Discloses Charitable Gift and Trust Holdings

Rhea-AI Filing Summary

Ajit Jain, Vice Chairman and Director of Berkshire Hathaway Inc., reported changes in his beneficial ownership on a Form 4 dated 09/24/2025 and signed 09/26/2025. The filing shows a charitable gift of 32 shares of Class B common stock, reducing his direct holdings to 384 Class B shares. The report also discloses indirect ownership through related entities: 122,308 Class B shares held by Jain Foundation Inc. (a non-profit), plus Class B equivalents tied to Class A shares owned by family trusts and foundations (totaling the reported Class B equivalents of 91,500; 25,500; 57,000; and 75,000 in Table II entries denominated as Class B equivalents). The filing explains each Class A share is convertible into 1,500 Class B shares. All transactions reported are non-derivative or conversions and include clear identification of indirect ownership by family trusts and the Jain Foundation.

Positive

• Timely and detailed disclosure of the transaction and indirect holdings, including trust and non-profit ownership
• Clear distinction between direct (384 Class B shares after gift) and indirect ownership (including 122,308 Class B shares held by Jain Foundation Inc.)
• Explicit conversion information noting each Class A share converts into 1,500 Class B shares, aiding transparency

Negative

• Reduction in direct holdings through a charitable gift of 32 Class B shares
• Reporting complexity due to multiple indirect vehicles (family trusts and foundation) may require careful reconciliation by stakeholders

Insights

Securities Analyst

TL;DR: Small charitable disposition; substantial indirect holdings remain disclosed through trusts and foundation.

The Form 4 documents a minor outward transfer: a 32-share charitable gift of Class B stock executed on 09/24/2025, reducing Ajit Jain's direct Class B stake to 384 shares. The filing carefully quantifies indirect holdings, including 122,308 Class B shares held by Jain Foundation Inc. and multiple Class A shares held in family trusts and personal trusts whose Class B equivalents are reported in Table II. Disclosure is thorough and conforms to Section 16 reporting norms, enabling investors and compliance teams to track both direct and indirect ownership positions.

Corporate Governance Expert

TL;DR: Form 4 provides clear identification of indirect ownership vehicles and reports a modest charitable gift.

The filing distinguishes direct versus indirect ownership and specifies the nature of indirect holdings (family trusts and a non-profit). It also restates the conversion ratio that links Class A to Class B shares (1 A = 1,500 B), which is important for understanding effective control exposure. The transaction type codes and ownership forms are properly recorded, and the signature and dates are present, indicating procedural completeness for insider disclosure obligations.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Jain Ajit

(Last) (First) (Middle)

100 FIRST STAMFORD PLACE

BHRG

(Street)

STAMFORD CT 06902

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BERKSHIRE HATHAWAY INC [ BRK.A ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	09/24/2025		G		32	D	(1)	384	D
Class B Common Stock								122,308	I	By Jain Foundation Inc. (Non-Profit Corporation)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Common Stock	(2)							(2)	(2)	Class B Common Stock	91,500(2)		61	D
Class A Common Stock	(2)							(2)	(2)	Class B Common Stock	25,500(2)		17	I	By Indrima Jain Trusts(3)
Class A Common Stock	(2)							(2)	(2)	Class B Common Stock	57,000(2)		38	I	By Ajit Jain Trusts(4)
Class A Common Stock	(2)							(2)	(2)	Class B Common Stock	75,000(2)		50	I	By Jain Foundation Inc. (Non-Profit Corporation)(5)

Explanation of Responses:

1. On September 24th, the Reporting Person made charitable gifts totaling 32 shares of Class B Common Stock.

2. 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.

3. 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.

4. Family trusts established by the Reporting Person for the benefit of the Reporting Person's descendants own 38 shares of Class A Common Stock.

5. The non-profit corporation Jain Foundation, Inc. owns 50 shares of Class A Common Stock.

	Ajit Jain	09/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Ajit Jain report on Form 4 for BRK on 09/24/2025?

The Form 4 reports a charitable gift of 32 Class B shares executed on 09/24/2025, reducing his direct Class B ownership to 384 shares.

How many Class B shares does Jain Foundation Inc. report owning on this filing?

Jain Foundation Inc. is reported as owning 122,308 Class B shares (indirect ownership).

Does the filing show any Class A to Class B conversion information?

Yes. The filing states each Class A share is convertible at any time into 1,500 Class B shares.

What indirect ownership vehicles are disclosed by Ajit Jain?

Indirect ownership is disclosed through family trusts established by the reporting person and spouse and through Jain Foundation Inc.

When was the Form 4 signed by Ajit Jain?

The Form 4 bears the reporting person's signature dated 09/26/2025.