Berkshire Hathaway Vice Chairman Ajit Jain Disposes of $19.97M in Class B Stock via Foundation

Transaction Overview

On September 28, 2026, Berkshire Hathaway Inc. Vice Chairman and Director Ajit Jain reported an indirect open-market sale of 39,700 shares of Berkshire Hathaway Class B Common Stock through the Jain Foundation Inc., a non-profit corporation. The shares were sold at a volume-weighted average price of $503.0926, generating gross proceeds of approximately $19,972,776.22.

Ownership Structure & Impact

• Selling Entity: Jain Foundation Inc. (Non-Profit Corporation), an indirect holding entity.
• Remaining Foundation Holdings: Following the transaction, the Jain Foundation retains 67,608 Class B shares and 50 Class A shares (convertible into 75,000 Class B shares).
• Personal & Trust Holdings: Ajit Jain continues to directly hold 317 Class B shares and 61 Class A shares (convertible into 91,500 Class B shares). Additional Class A holdings are maintained via family trusts (38 shares via Ajit Jain Trusts and 17 shares via Indrima Jain Trusts).

Significance

While open-market dispositions by key Berkshire Hathaway executive leadership typically draw market attention, this sale originated from a philanthropic non-profit foundation rather than direct personal liquidation. As such, the transaction is categorized as having Medium trading significance.