Berkshire Hathaway vice chair gifts 10 Class B shares
BERKSHIRE HATHAWAY INC (BRK) director and Vice Chairman Ajit Jain reported making a bona fide charitable gift of 10 shares of Class B Common Stock on September 3, 2026, leaving him with 317 Class B shares held directly.
Rhea-AI Filing Summary
BERKSHIRE HATHAWAY INC (BRK) director and Vice Chairman Ajit Jain reported making a bona fide charitable gift of 10 shares of Class B Common Stock on September 3, 2026, leaving him with 317 Class B shares held directly.
He also holds 61 shares of Class A Common Stock directly, which are stated as convertible into 91,500 Class B shares, and additional Class A shares are held indirectly through family trusts and the Jain Foundation, Inc., a non-profit corporation. The Jain Foundation, Inc. also holds 107,308 Class B shares indirectly attributed to him. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 shares gifted
Gift
6 txns
Insider
Jain Ajit
Role
Vice Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1 | 10 | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F4 | -- | -- | -- |
| holding | Class A Common Stock F2, F5 | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 317 shares (Direct);
Class A Common Stock — 61 contracts for 91,500 underlying shares (Direct);
Class A Common Stock — 17 contracts for 25,500 underlying shares (Indirect, By Indrima Jain Trusts);
Class A Common Stock — 38 contracts for 57,000 underlying shares (Indirect, By Ajit Jain Trusts);
Class A Common Stock — 50 contracts for 75,000 underlying shares (Indirect, By Jain Foundation Inc. (Non-Profit Corporation));
Class B Common Stock — 107,308 shares (Indirect, By Jain Foundation Inc. (Non-Profit Corporation))
Footnotes (5)
- F1. On September 3rd, the Reporting Person made charitable gifts totaling 10 shares of Class B Common stock.
- F2. 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.
- F3. 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.
- F4. Family trusts established by the Reporting Person for the benefit of the Reporting Person's descendants own 38 shares of Class A Common Stock.
- F5. The non-profit corporation Jain Foundation, Inc. owns 50 shares of Class A Common Stock.
Key Figures
Charitable gift of Class B shares: 10 shares
Direct Class B holdings after transaction: 317 shares
Direct Class A holdings: 61 shares
+5 more
8 metrics
Charitable gift of Class B shares
10 shares
Bona fide gift of Class B Common Stock on September 3, 2026
Direct Class B holdings after transaction
317 shares
Class B Common Stock held directly by Ajit Jain following the gift
Direct Class A holdings
61 shares
Class A Common Stock held directly by Ajit Jain
Class A to Class B conversion ratio
1 share to 1,500 shares
Each Class A share convertible into 1,500 Class B shares
Underlying Class B from direct Class A
91,500 shares
Underlying Class B shares for 61 direct Class A shares
Indirect Class A holdings via family trusts
17 and 38 shares
17 Class A shares via spouse’s family trusts; 38 via Ajit Jain trusts
Indirect Class A holdings via Jain Foundation, Inc.
50 shares
Class A shares owned by Jain Foundation, Inc.
Indirect Class B holdings via Jain Foundation, Inc.
107,308 shares
Class B Common Stock held by Jain Foundation, Inc.
Key Terms
bona fide gift, convertible, non-profit corporation
3 terms
bona fide gift financial
"transaction code description states it is a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
convertible financial
"Each share of Class A Common Stock is convertible at any time"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
non-profit corporation financial
"The non-profit corporation Jain Foundation, Inc. owns 50 shares"
FAQ
What transaction did Ajit Jain report in this Form 4 for BRK?
Ajit Jain reported a bona fide charitable gift of 10 shares of Berkshire Hathaway Class B Common Stock on September 3, 2026, as described in the filing footnotes.
What are Ajit Jain’s direct Class A holdings in Berkshire Hathaway (BRK)?
Ajit Jain directly holds 61 shares of Berkshire Hathaway Class A Common Stock. A footnote states each Class A share is convertible into 1,500 Class B shares, corresponding to 91,500 underlying Class B shares for this direct Class A position.
What indirect Berkshire Hathaway Class A holdings are attributed to Ajit Jain?
Family trusts established by Ajit Jain’s spouse own 17 Class A shares, trusts established by Ajit Jain own 38 Class A shares, and the non-profit Jain Foundation, Inc. owns 50 Class A shares, all reported as indirect holdings in the Form 4 footnotes.
Was Ajit Jain’s Berkshire Hathaway transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, and there is no disclosure that the reported charitable gift was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
