Form 4: 1,635,962 DaVita Shares Sold by Berkshire/Buffett
Rhea-AI Filing Summary
Form 4 summary: Berkshire Hathaway Inc. and Warren E. Buffett reported an insider sale of DaVita Inc. (DVA) common stock.
Key facts:
- Transaction date: 07/31/2025.
- Sold 1,635,962 shares of Common Stock at $140.6052 per share.
- Amount of securities beneficially owned following the transaction: 32,160,579 (indirect).
- Footnote ownership: 15,528,491 shares held by Government Employees Insurance Company (GEICO), and 16,632,088 shares held by two pension plans (BNSF Master Retirement Trust: 6,100,000; Berkshire Hathaway Inc. Consolidated Pension Plan: 10,532,088).
- Form signed by Warren E. Buffett on 08/04/2025.
Positive
- None.
Negative
- Insider sale: Berkshire/Warren E. Buffett reported a sale of 1,635,962 DVA shares rather than an acquisition.
- Size relative to holdings: The sale equals approximately 5.09% of the reported indirect beneficial ownership (1,635,962 of 32,160,579), which is material in scale.
Insights
TL;DR: A >1.6M-share insider sale at $140.6052 was reported; transaction size is measurable versus reported indirect holdings.
The filing discloses a sale of 1,635,962 DaVita shares on 07/31/2025 at $140.6052. Post-transaction indirect beneficial ownership is reported as 32,160,579 shares. The sale size equals approximately 5.09% of the reported indirect holdings (1,635,962/32,160,579). The report provides clear transaction date, price, quantities and footnoted ownership by GEICO and pension plans, enabling quantitative assessment without additional assumptions.
TL;DR: Significant divestiture by a major holder disclosed; governance and disclosure are transparent but the sale is notable in scale.
The Form 4 shows Berkshire and Warren E. Buffett as reporting persons with relationship checkboxes for Director and 10% owner. The disclosed sale of 1,635,962 shares is explicitly documented and accompanied by footnotes detailing subgroup ownership (GEICO and pension plans). Given the transaction represents roughly 5.09% of the reported indirect post-transaction holdings, the disclosure is material for governance monitoring. The filing is properly signed (08/04/2025) and includes explicit ownership breakdowns, supporting compliance and oversight review.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,635,962 | $140.6052 | $230.02M |
Footnotes (1)
- 15,528,491 of the total reported securities are owned by Government Employees Insurance Company, a subsidiary of Berkshire Hathaway Inc. ("Berkshire"). As Berkshire is in the chain of ownership of this subsidiary, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by the subsidiary. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by the subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. 16,632,088 of the total reported securities are owned by the following pension plans of Berkshire's subsidiaries: BNSF Master Retirement Trust (6,100,000) and Berkshire Hathaway Inc. Consolidated Pension Plan (10,532,088); each of Berkshire, Mr. Buffett and these pension plans disclaim beneficial ownership in such shares.