Filing Details

Accession Number:
0000950170-24-114125
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-10 17:59:05
Reporting Period:
2024-10-08
Accepted Time:
2024-10-10 17:59:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
70858 Bank Of America Corp BAC National Commercial Banks (6021) 560906609
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
Common Stock Disposition 2024-10-08 3,933,197 $39.99 780,616,736 No 4 S Indirect See footnotes
Common Stock Disposition 2024-10-09 4,002,225 $40.14 776,614,511 No 4 S Indirect See footnotes
Common Stock Disposition 2024-10-10 1,614,511 $39.92 775,000,000 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.8050 to $40.1400. The Reporting Persons undertake to provide Bank of America Corporation ("Bank of America"), any security holder of Bank of America, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4.
  2. 775,000,000 of the total reported securities are owned as of October 10, 2024 by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): AmGUARD Insurance Company (311,642), Berkshire Hathaway Direct Insurance Company (850,000), Berkshire Hathaway Homestate Insurance Company (11,900,000), Berkshire Hathaway Life Insurance Company of Nebraska (5,740,583), Berkshire Hathaway Specialty Insurance Company (1,400,000), BH Finance LLC (140,000,000), BHG Life Insurance Company (946,000), Central States Indemnity Co. of Omaha (3,920,000), Cypress Insurance Company (2,100,000), Finial Reinsurance Company (10,185,480), First Berkshire Hathaway Life Insurance Company (145,500),
  3. Continued from footnote 2: Government Employees Insurance Company (230,580,000), GEICO Indemnity Company (81,200,000), General Reinsurance Corporation (14,000,000), General Star Indemnity Company (5,040,000), General Star National Insurance Company (1,960,000), The Medical Protective Company (560,000), Mount Vernon Fire Insurance Company (7,000,000), National Fire & Marine Insurance Company (22,400,000), National Indemnity Company (188,365,245), National Liability & Fire Insurance Company (28,000,000), National Indemnity Company of Mid America (2,380,000), National Indemnity Company of the South (2,800,000), NorGUARD Insurance Company (615,550), NRG America Holding Company (5,600,000),
  4. Continued from footnote 3: Oak River Insurance Company (4,200,000) and United States Liability Insurance Company (2,800,000). In order to avoid double counting, shares of Common Stock reported as being owned by each of these subsidiaries only reflect shares that are owned directly by such subsidiary, and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported in this Form 4.
  5. As Berkshire is in the chain of ownership of each subsidiary listed, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares presently directly owned by such 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, the shares presently owned by each of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.7400 to $40.3800. The Reporting Persons undertake to provide Bank of America, any security holder of Bank of America, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 6 to this Form 4.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.7700 to $40.1000. The Reporting Persons undertake to provide Bank of America, any security holder of Bank of America, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 7 to this Form 4.