BIGLARI, SARDAR bought BH

December 15, 2025 · Form 4 insider transaction

BIGLARI, SARDAR bought 152 shares of Biglari Holdings Inc. at $328.00 per share, a transaction worth $49.9K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
152
Price
$328.00
Total value
$49.9K
Role—
SecurityClass B common stock
Transaction codeP: Open-market purchase
Transaction dateDecember 15, 2025
Filing dateDecember 16, 2025
Shares owned after1,332,629
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Shares owned directly by The Lion Fund, L.P. (the "Lion Fund"). BCC is the general partner of the Lion Fund. Mr. Biglari is the sole member, Chairman and Chief Executive Officer of BCC. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Class A and Class B common stock of the Issuer owned directly by the Lion Fund.

View the original Form 4 on SEC EDGAR