Berkshire Hathaway (BRK.A) Warren Buffett (10% Owner) Gifts 12M Shares

What Happened

Warren E. Buffett (reported as a 10% owner) converted derivative securities into 12,000,000 shares and then disposed of (gifted) 12,000,000 shares to charitable organizations on July 14, 2026. The conversion transactions are reported at $0.00 per share; the gifts are disposals reported at $0.00 (no sale proceeds). The filing also shows a separate small derivative conversion/disposition of 8,000 shares reported with N/A for price/value. Footnote F1 confirms each reported disposal was a gift to charity.

Key Details

• Transaction date: 2026-07-14 (reported on Form 4 filed 2026-07-15, Accession 0001193125-26-304843)
• Main entries: Converted 12,000,000 shares (derivative conversion, acquired at $0.00) and gifted 12,000,000 shares (G, disposed at $0.00); additional gift disposals of 1,000,000 + 1,000,000 + 1,000,000 and one 9,000,000 gift entry (total disposed = 12,000,000). One 8,000-share derivative conversion/disposition listed with N/A for value.
• Price/Value: Reported as $0.00 for conversions and gifts; no cash proceeds from the gifts.
• Shares owned after transaction: Not specified in the transaction excerpt provided here—see the full Form 4 for total post-transaction holdings (Table II per footnote).
• Notable footnotes: F1 — all these transactions were gifts to charitable organizations; F2 — Class A shares are convertible into Class B at the holder’s option (1 A = 1,500 B), with Class A holdings reported in Table II.
• Timeliness: Filing date is one day after the reported transactions (Form 4 filed 2026-07-15 for activity on 2026-07-14); no late filing flag shown in the provided excerpt.

Context

Gifts to charity are disposals that do not reflect a cash sale and generally should not be read as a direct market sentiment signal. As a reported 10% owner rather than a routine executive open-market trade, these transactions are institutional/ownership-related transfers. The conversion entries reflect conversion of derivative/convertible holdings into shares before the gift; when a derivative conversion shows N/A for value, it typically reflects a non-cash corporate action rather than a priced market trade.