Sec Form 13G Filing - BERKSHIRE HATHAWAY INC (BRK-A) filing for STONECO LTD (STNE) - 2022-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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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. 1)

 

 

STONECO LTD.

(Name of Issuer)

CLASS A COMMON STOCK

(Title of Class of Securities)

G85158106

(CUSIP Number)

December 31, 2021

(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. G85158106   Page 2 of 9 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

 

  10,695,448 shares of Common Stock

   7   

  SOLE DISPOSITIVE POWER

 

  NONE

   8   

  SHARED DISPOSITIVE POWER

 

  10,695,448 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  10,695,448 shares of Common Stock

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

 

  4.1%

12  

  TYPE OF REPORTING PERSON

 

  IN


13G

 

CUSIP No. G85158106   Page 3 of 9 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

 

  10,695,448 shares of Common Stock

   7   

  SOLE DISPOSITIVE POWER

 

  NONE

   8   

  SHARED DISPOSITIVE POWER

 

  10,695,448 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  10,695,448 shares of Common Stock

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

 

  4.1%

12  

  TYPE OF REPORTING PERSON

 

  HC, CO


13G

 

CUSIP No. G85158106   Page 4 of 9 Pages

 

  1    

  NAME OF REPORTING PERSON

 

  National Indemnity Company

0; 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

 

  10,695,448 shares of Common Stock

   7   

  SOLE DISPOSITIVE POWER

 

  NONE

   8   

  SHARED DISPOSITIVE POWER

 

  10,695,448 shares of Common Stock

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  10,695,448 shares of Common Stock

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

 

  4.1%

12  

  TYPE OF REPORTING PERSON

 

  IC, CO


Page 5 of 9 Pages

 

Item 1.

 

(a)

Name of Issuer

StoneCo Ltd.

 

(b)

Address of Issuer’s Principal Executive Offices

R. Fidêncio Ramos, 308, 10th floor—Vila Olímpia

São Paulo—SP, 04551-010, Brazil

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

1314 Douglas Street

Omaha, Nebraska 68102

Nebraska corporation

  


Page 6 of 9 Pages

 

(d)

Title of Class of Securities

Class A Common Stock

 

(e)

CUSIP Number

G85158106

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.) and Berkshire Hathaway Inc. are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company is an Insurance Company as defined in section 3(a)(19) of the Act.

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 percent 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.

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 acquired and are held in the ordinary course of business and 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 7 of 9 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 14th day of February, 2022

   
   

/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

    By:  

/s/ Warren E. Buffett

      Warren E. Buffett
      Attorney-in-Fact


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.

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

National Indemnity Company


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 Class A Common Stock of StoneCo Ltd. 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: February 14, 2022  

/S/ Warren E. Buffett

  Warren E. Buffett
  Berkshire Hathaway Inc.
Dated: February 14, 2022  

/S/ Warren E. Buffett

  By: Warren E. Buffett
  Title: Chairman of the Board
  National Indemnity Company
Dated: February 14, 2022  

/S/ Marc D. Hamburg

  By: Marc D. Hamburg
  Title: Chairman of the Board