SC 13G/A 1 d888586dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2

(Amendment No. 5)

 

 

LIBERTY MEDIA CORPORATION

(Name of Issuer)

SERIES C SIRIUSXM COMMON STOCK

(Title of Class of Securities)

531229607

(CUSIP Number)

September 9, 2024

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1 (b)

☐ Rule 13d-1 (c)

☐ Rule 13d-1 (d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

 

 

 


CUSIP NO. 531229607   13G    Page 2 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 Warren E. Buffett

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 United States Citizen

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not Applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 IN


CUSIP NO. 531229607   13G    Page 3 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 Berkshire Hathaway Inc.

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 HC, CO


CUSIP NO. 531229607   13G    Page 4 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 National Indemnity Company

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 IC, CO


CUSIP NO. 531229607   13G    Page 5 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 National Fire & Marine Insurance Company

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 IC, CO


CUSIP NO. 531229607   13G    Page 6 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 GEICO Corporation

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 HC, CO


CUSIP NO. 531229607   13G    Page 7 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 Government Employees Insurance Company

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 IC, CO


CUSIP NO. 531229607   13G    Page 8 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 Berkshire Hathaway Consolidated Pension Plan Master Trust

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Nebraska

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 EP


CUSIP NO. 531229607   13G    Page 9 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 BNSF Master Retirement Trust

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Texas

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not Applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 EP


CUSIP NO. 531229607   13G    Page 10 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 Scott Fetzer Collective Investment Trust

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Ohio

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not Applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 EP


CUSIP NO. 531229607   13G    Page 11 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 Precision Castparts Corp. Master Trust

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 State of Oregon

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 NONE

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 NONE

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not Applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 EP


CUSIP NO. 531229607   13G    Page 12 of 17 Pages

 

 1   

 NAME OF REPORTING PERSON

 

 R. Ted Weschler

 2  

 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a) ☒  (b) ☐

 

 3  

 SEC USE ONLY

 

 4  

 CITIZENSHIP OR PLACE OF ORGANIZATION

 

 United States Citizen

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

   5   

 SOLE VOTING POWER

 

 0

   6  

 SHARED VOTING POWER

 

 0

   7  

 SOLE DISPOSITIVE POWER

 

 0

   8  

 SHARED DISPOSITIVE POWER

 

 0

 9   

 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 0

10  

 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

 ☐

 

 Not Applicable.

11  

 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

 0%

12  

 TYPE OF REPORTING PERSON

 

 IN


   Page 13 of 17 Pages

 

SCHEDULE 13G

 

Item 1.

(a) Name of Issuer

LIBERTY MEDIA CORPORATION

(b) Address of Issuer’s Principal Executive Offices

12300 Liberty Boulevard, Englewood, CO 80112

 

Item 2(a).

Name of Person Filing:

 

Item 2(b).

Address of Principal Business Office:

 

Item 2(c).

Citizenship:

 

Warren E. Buffett

3555 Farnam Street

Omaha, Nebraska 68131

United States Citizen

  

Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Delaware corporation

National Indemnity Company

3024 Harney Street

Omaha, Nebraska 68131

Nebraska corporation

  

GEICO Corporation

One GEICO Plaza

Washington, DC 20076

Delaware corporation

Government Employees Insurance Company

One GEICO Plaza

Washington, DC 20076

Nebraska corporation

  

National Fire & Marine Insurance Company

1314 Douglas Street

Omaha, NE 68102

Nebraska corporation

Berkshire Hathaway Consolidated Pension Plan Master Trust

c/o Berkshire Hathaway Inc.

3555 Farnam Street

Omaha, Nebraska 68131

Nebraska

  


   Page 14 of 17 Pages

 

BNSF Master Retirement Trust

c/o BNSF Railway Company

2650 Lou Menk Drive

Fort Worth, TX 76131

Texas

Precision Castparts Corp. Master Trust

c/o Precision Castparts Corp.

5885 Meadows Road

Lake Oswego, OR 97035

Oregon 

Scott Fetzer Collective Investment Trust

c/o Marmon Holding Company

181 W. Madison Street

Chicago, IL 60602

Ohio

R. Ted Weschler

404 East Main Street

Charlottesville, VA 22902

United States Citizen 


   Page 15 of 17 Pages

 

(d) Title of Class of Securities

Class A Common Stock

(e) CUSIP Number

531229607

 

Item 3.

If this statement is filed pursuant to § 240.13d-1(b), or § 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc. and GEICO Corporation are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, Government Employees Insurance Company and National Fire & Marine Insurance Company are each an Insurance Company as defined in section 3(a)(19) of the Act.

BNSF Master Retirement Trust, Berkshire Hathaway Consolidated Pension Plan Master Trust, Precision Castparts Corp. Master Trust and Scott Fetzer Collective Investment Trust are each an Employee Benefit Plan in accordance with § 240.13d-1(b)(1)(ii)(F).

 

Item 4.

Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially Owned

See the Cover Pages for each of the Reporting Persons.

(b) Percent of Class

See the Cover Pages for each of the Reporting Persons.

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote

(ii) shared power to vote or to direct the vote

(iii) sole power to dispose or to direct the disposition of

(iv) shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons.

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5% of the class of securities, check the following ☒.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

Not Applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

See Exhibit A.


   Page 16 of 17 Pages

 

Item 8.

Identification and Classification of Members of the Group.

See Exhibit A.

 

Item 9.

Notice of Dissolution of Group.

Not Applicable.

 

Item 10.

Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.


   Page 17 of 17 Pages

 

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 26th day of September, 2024

 

/s/ Warren E. Buffett

Warren E. Buffett
BERKSHIRE HATHAWAY INC.
By:  

/s/ Warren E. Buffett

  Warren E. Buffett
  Chairman of the Board

 

NATIONAL INDEMNITY COMPANY, GEICO CORPORATION, GOVERNMENT EMPLOYEES INSURANCE COMPANY, NATIONAL FIRE & MARINE INSURANCE COMPANY, BNSF MASTER RETIREMENT TRUST, BERKSHIRE HATHAWAY CONSOLIDATED PENSION PLAN MASTER TRUST, PRECISION CASTPARTS CORP. MASTER TRUST AND SCOTT FETZER COLLECTIVE INVESTMENT TRUST

 

By:  

/s/ Warren E. Buffett

 

Warren E. Buffett

Attorney-in-Fact

By:  

/s/ R. Ted Weschler

  R. Ted Weschler

 


SCHEDULE 13G

EXHIBIT A

RELEVANT SUBSIDIARIES AND MEMBERS OF FILING GROUP

PARENT HOLDING COMPANIES OR CONTROL PERSONS:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.)

Berkshire Hathaway Inc.

GEICO Corporation

INSURANCE COMPANIES AS DEFINED IN SECTION 3(a)(19) OF THE ACT:

National Indemnity Company

Government Employees Insurance Company

National Fire & Marine Insurance Company

EMPLOYEE BENEFIT PLANS IN ACCORDANCE WITH § 240.13d-1-(b)(1)(ii)(F)

BNSF Master Retirement Trust

Berkshire Hathaway Consolidated Pension Plan Master Trust

Precision Castparts Corp. Master Trust

Scott Fetzer Collective Investment Trust

OTHER MEMBER OF FILING GROUP

R. Ted Weschler

 


SCHEDULE 13G

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

The undersigned persons hereby agree that reports on Schedule 13G, and amendments thereto, with respect to the Series C SiriusXM Common Stock of Liberty Media Corporation may be filed in a single statement on behalf of each of such persons, and further, each of such persons designates Warren E. Buffett as its agent and Attorney-in-Fact for the purpose of executing any and all Schedule 13G filings required to be made by it with the Securities and Exchange Commission.

 

Dated: September 26, 2024    

/s/ Warren E. Buffett

    Warren E. Buffett
    Berkshire Hathaway Inc.
Dated: September 26, 2024    

/s/ Warren E. Buffett

    By:   Warren E. Buffett
    Title:   Chairman of the Board
    National Indemnity Company
Dated: September 26, 2024    

/s/ Dale D. Geistkemper

    By:   Dale D. Geistkemper
    Title:   Treasurer
    GEICO Corporation
Dated: September 26, 2024    

/s/ Todd A. Combs

    By:   Todd A. Combs
    Title:   President
    Government Employees Insurance Company
Dated: September 26, 2024    

/s/ Todd A. Combs

    By:   Todd A. Combs
    Title:   President


    National Fire & Marine Insurance Company
Dated: September 26, 2024    

/s/ Dale D. Geistkemper

    By:   Dale D. Geistkemper
    Title:   Treasurer
    Berkshire Hathaway Consolidated Pension Plan Master Trust
Dated: September 26, 2024    

/s/ Mark D. Millard

    By:   Mark D. Millard
    Title:   Vice President, Berkshire Hathaway Inc.
    Scott Fetzer Collective Investment Trust
Dated: September 26, 2024    

/s/ Christopher Mann

    By:   Christopher Mann
    Title:   Marmon Holding Company
    BNSF Master Retirement Trust
Dated: September 26, 2024    

/s/ Paul Bischler

    By:   Paul Bischler
    Title:   Vice President, Burlington Northern Santa Fe, LLC
    Precision Castparts Corp. Master Trust
Dated: September 26, 2024    

/s/ Shawn Hagel

    By:   Shawn Hagel
    Title:   Executive Vice President and Chief Financial Officer, Precision Castparts Corp.
Dated: September 26, 2024    

/s/ R. Ted Weschler

    R. Ted Weschler