Filing Details
- Accession Number:
- 0000950170-24-027488
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-06 19:42:23
- Reporting Period:
- 2024-03-04
- Accepted Time:
- 2024-03-06 19:42:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1560385 | Liberty Media Corp | LSXMA | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
315090 | E Warren Buffett | 3555 Farnam Street Omaha NE 68131 | No | No | No | No | |
1067983 | Berkshire Hathaway Inc | 3555 Farnam Street Omaha NE 68131 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Series A Liberty Siriusxm Common Stock | Acquisiton | 2024-03-04 | 725,250 | $28.98 | 24,465,282 | No | 4 | P | Indirect | See footnotes |
Series A Liberty Siriusxm Common Stock | Acquisiton | 2024-03-05 | 482,260 | $29.40 | 24,947,542 | No | 4 | P | Indirect | See footnotes |
Series A Liberty Siriusxm Common Stock | Acquisiton | 2024-03-06 | 284,000 | $29.54 | 25,231,542 | No | 4 | P | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnotes |
No | 4 | P | Indirect | See footnotes |
No | 4 | P | Indirect | See footnotes |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.3800 to $29.2100. The Reporting Persons undertake to provide Liberty Media Corporation ("Liberty"), any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 1 to this Form 4.
- 20,923,425 of the total reported shares of Series A Liberty SiriusXM Common Stock are owned as of March 6, 2024 by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): Government Employees Insurance Company (18,162,962), National Fire & Marine Insurance Company (933,391), and National Indemnity Company (1,827,072). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all such shares presently owned by each of these subsidiaries. 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, such shares presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- 4,308,117 of the total reported shares of Series A Liberty SiriusXM Common Stock are owned as of March 6, 2024 by the following pension plans of Berkshire's subsidiaries: Berkshire Hathaway Consolidated Pension Plan (2,359,919), BNSF Master Retirement Trust (936,000), and Precision Castparts Corp. Master Trust (1,012,198). Each of Berkshire, Mr. Buffett and these pension plans disclaims beneficial ownership in such shares.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.8600 to $29.6200. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 4 to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.2100 to $29.8000. The Reporting Persons undertake to provide Liberty, any security holder of Liberty, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote 5 to this Form 4.