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3: Initial statement of beneficial ownership of securities-10% Owner BERKSHIRE HATHAWAY INC

SEC ·  Oct 17 15:22

Summary by Moomoo AI

Berkshire Hathaway-A, led by Warren E. Buffett, filed an SEC Form 3 on October 17, 2024, indicating a significant ownership stake in Bank of America Corp. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, shows that Berkshire Hathaway Inc. beneficially owns 775 million shares of Bank of America's common stock through its various subsidiaries. The subsidiaries listed include insurance and financial companies such as GEICO, General Reinsurance Corporation, and National Indemnity Company, among others. As the controlling stockholder, Buffett may be deemed to beneficially own the shares, but he disclaims ownership except to the extent of his pecuniary interest. The filing confirms Berkshire's status as a 10% owner of Bank of America, underscoring the conglomerate's significant investment in the banking institution.
Berkshire Hathaway-A, led by Warren E. Buffett, filed an SEC Form 3 on October 17, 2024, indicating a significant ownership stake in Bank of America Corp. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, shows that Berkshire Hathaway Inc. beneficially owns 775 million shares of Bank of America's common stock through its various subsidiaries. The subsidiaries listed include insurance and financial companies such as GEICO, General Reinsurance Corporation, and National Indemnity Company, among others. As the controlling stockholder, Buffett may be deemed to beneficially own the shares, but he disclaims ownership except to the extent of his pecuniary interest. The filing confirms Berkshire's status as a 10% owner of Bank of America, underscoring the conglomerate's significant investment in the banking institution.
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