Company: BRK-A
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0001193125-25-146903
Chunk: 9

Company: BERKSHIRE HATHAWAY INC
Filing Date: 2025-06-25
Form: 11-K
Chunk 9
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 of the bank collective trust. The NAV is used as a practical expedient to estimate fair value. This practical expedient would not be used if it is determined to be probable that the fund will sell the investment for an amount different from the reported NAV. Other Common Collective Trust Funds Common collective trust funds are comprised of shares or units in commingled funds that are not publicly traded. The underlying assets in these funds are primarily publicly traded equity securities, fixed income securities, and commodity-related securities and are valued at their NAV, as a practical expedient, that is calculated by the investment manager or sponsor of the fund and have varying liquidity, redemption period notices and other restrictions. This practical expedient is not used when it is determined to be probable that the Plan will sell the investment for an amount different than the reported NAV. 7

BENJAMIN MOORE & CO. DEFERRED SAVINGS AND INVESTMENT PLAN Notes to Financial Statements December 31, 2024 and 2023 N OTEC – F AIRV ALUEM EASUREMENTS(C ONTINUED) Mutual Funds The investments in mutual funds are valued utilizing a market approach wherein the Plan uses the quoted prices in the active market for identical assets. All of these investments are traded in active markets at their NAV per share and are primarily categorized as Level 1. Berkshire Hathaway Stock Fund The Plan allows investment in the common stock of the Parent. Berkshire Hathaway common stock trades on an active market. This investment option (referred to as the Berkshire Hathaway Stock Fund) also includes a cash component, thus resulting in a level 2 valuation. A summary of the Plan’s investments measured at fair value on a recurring basis at December 31, 2024 and 2023, set forth by level within the fair value hierarchy (if applicable), is as follows:

|                                                  |     | Investments, at Fair Value as of December 31, 2024 |             |     |         |            |     |         |   |     |       |             |
|:-------------------------------------------------|:----|:---------------------------------------------------|------------:|:----|:--------|-----------:|:----|:--------|:--|:----|:------|------------:|
|                                                  |     | Level 1                                            |             |     | Level 2 |            |     | Level 3 |   |     | Total |             |
| Mutual Funds                                     |     | $                                                  | 218,290,469 |