Berkshire Hathaway (BRK.A) Vice Chairman Ajit Jain Sells 39,700 Shares

What Happened Ajit Jain, Vice Chairman and Director of Berkshire Hathaway Inc., is reported as associated with a sale of 39,700 Class B shares on September 28, 2026. The filing shows an average sale price of $503.092592 per share for a total proceeds of $19,972,776. Footnote disclosure clarifies the seller was the non‑profit Jain Foundation, Inc., an entity affiliated with the reporting person.

Key Details

• Transaction type: Sale (code S); reported as "open market or private sale"; footnote F1 identifies the seller as Jain Foundation, Inc.
• Date and price: September 28, 2026; average price $503.092592 per share.
• Total value: $19,972,776 (approx. $19.97M).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Relevant footnotes:
  • F1: Jain Foundation, Inc. sold the 39,700 Class B shares; detailed per‑trade pricing available on request.
  • F2: Each Class A share converts into 1,500 Class B shares.
  • F3–F5: Family trusts (spouse’s and reporting person’s) and the Jain Foundation own 17, 38, and 50 Class A shares, respectively.
• Filing timeliness: Reported on Sept 29, 2026 for a Sept 28 transaction — filed the next day (timely).

Context This sale was executed by a non‑profit entity affiliated with Ajit Jain rather than a direct personal sale. Sales by affiliated foundations or trusts are common and do not necessarily indicate the insider’s personal sentiment about the stock. Note the convertibility rule (1 A = 1,500 B) and the disclosed Class A holdings (totaling 105 A shares across trusts/foundation) represent sizable B‑share equivalents (105 × 1,500 = 157,500 Class B equivalents) but do not change the fact that the reported transaction here involved 39,700 Class B shares sold by the Jain Foundation.