Liberty Media (FWONB) SC 13G/A LIBERTY MEDIA / BERKSHIRE HATHAWAY ownership change

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. 4)

LIBERTY MEDIA CORPORATION

(Name of Issuer)

SERIES A SIRIUSXM COMMON STOCK

(Title of Class of Securities)

531229409

(CUSIP Number)

March 31, 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.)

13G

CUSIP No. 531229409 Page 2 of 16 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  32,755,624
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  32,755,624

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  32,755,624
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  33.4%
12	TYPE OF REPORTING PERSON  IN

13G

CUSIP No. 531229409 Page 3 of 16 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  32,755,624
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  32,755,624

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  32,755,624
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  33.4%
12	TYPE OF REPORTING PERSON  HC, CO

13G

CUSIP No. 531229409 Page 4 of 16 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  27,514,116
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  27,514,116

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  27,514,116
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  28.0%
12	TYPE OF REPORTING PERSON  IC, CO

13G

CUSIP No. 531229409 Page 5 of 16 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  933,391
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  933,391

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  933,391
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  0.9%
12	TYPE OF REPORTING PERSON  IC, CO

13G

CUSIP No. 531229409 Page 6 of 16 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  25,687,044
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  25,687,044

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  25,687,044
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  26.2%
12	TYPE OF REPORTING PERSON  HC, CO

13G

CUSIP No. 531229409 Page 7 of 16 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 Maryland

NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER  NONE
	6	SHARED VOTING POWER  25,687,044
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  25,687,044

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  25,687,044
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  26.2%
12	TYPE OF REPORTING PERSON  IC, CO

13G

CUSIP No. 531229409 Page 8 of 16 Pages

1	NAME OF REPORTING PERSON  Berkshire Hathaway Consolidated Pension Plan
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  2,359,919
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  2,359,919

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  2,359,919
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  2.4%
12	TYPE OF REPORTING PERSON  EP

13G

CUSIP No. 531229409 Page 9 of 16 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  936,000
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  936,000

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  936,000
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  0.9%
12	TYPE OF REPORTING PERSON  EP

13G

CUSIP No. 531229409 Page 10 of 16 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  1,012,198
	7	SOLE DISPOSITIVE POWER  NONE
	8	SHARED DISPOSITIVE POWER  1,012,198

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  1,012,198
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  1.0%
12	TYPE OF REPORTING PERSON  EP

13G

CUSIP No. 531229409 Page 11 of 16 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  285,834
	6	SHARED VOTING POWER  0
	7	SOLE DISPOSITIVE POWER  285,834
	8	SHARED DISPOSITIVE POWER  8,277

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  294,111
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  0.3%
12	TYPE OF REPORTING PERSON  IN

Page 12 of 16 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 c/o Berkshire Hathaway Inc. 3555 Farnam Street Omaha, NE 68131 Nebraska

Page 13 of 16 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 Corporation

5885 Meadows Road

Lake Oswego, OR 97035

Oregon

R. Ted Weschler

404 East Main Street

Charlottesville, VA 22902

United States Citizen

Page 14 of 16 Pages

(d) Title of Class of Securities

Class A Common Stock

(e) CUSIP Number

531229409

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.

Berkshire Hathaway Consolidated Pension Plan, BNSF Master Retirement Trust and Precision Castparts Corp Master 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 ☐.

Page 15 of 16 Pages

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.

Item 8. Identification and Classification of Members of the Group.

See Exhibit A.

Item 9. Notice of Dissolution of Group.

Not Applicable.

Page 16 of 16 Pages

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.

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 8th day of April, 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, BERKSHIRE HATHAWAY CONSOLIDATED PENSION PLAN, BNSF MASTER RETIREMENT TRUST, AND PRECISION CASTPARTS CORP. MASTER 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):

Berkshire Hathaway Consolidated Pension Plan

BNSF Master Retirement Trust

Precision Castparts Corp. Master 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 A 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: April 8, 2024		/S/ Warren E. Buffett
		Warren E. Buffett
		Berkshire Hathaway Inc.
Dated: April 8, 2024		/S/ Warren E. Buffett
		By: Warren E. Buffett Title: Chairman of the Board
		National Indemnity Company
Dated: April 8, 2024		/S/ Marc D. Hamburg
		By: Marc D. Hamburg Title: Chairman of the Board
		GEICO Corporation
Dated: April 8, 2024		/S/ Todd A. Combs
		By: Todd A. Combs Title: President
		Government Employees Insurance Company
Dated: April 8, 2024		/S/ Todd A. Combs
		By: Todd A. Combs Title: President

		Berkshire Hathaway Consolidated Pension Plan
Dated: April 8, 2024		/S/ Mark D. Millard
		By: Mark D. Millard Title: Vice President Berkshire Hathaway Inc.
		National Fire & Marine Insurance Company
Dated: April 8, 2024		/S/ Marc D. Hamburg
		By: Marc D. Hamburg Title: Chairman of the Board
Dated: April 8, 2024		/S/ Paul Bischler
		By: Paul Bischler Title: Vice President, Burlington Northern Santa Fe, LLC
		Precision Castparts Corp.
Dated: April 8, 2024		/S/ Shawn Hagel
		By: Shawn Hagel Title: Executive Vice President, Precision Castparts Corp.

Dated: April 8, 2024	/s/ R. Ted Weschler
	R. Ted Weschler