Filing Details

Accession Number:
0000921895-24-000633
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-11 17:35:55
Reporting Period:
2024-03-07
Accepted Time:
2024-03-11 17:35:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1726173 Biglari Holdings Inc. BH () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1334426 Lion Fund, L.p. 19100 Ridgewood Pkwy, Suite 1200
San Antonio TX 78259
No No Yes No
1334429 Biglari Capital Corp. 19100 Ridgewood Pkwy, Suite 1200
San Antonio TX 78259
No No Yes No
1334430 Biglari, Sardar 19100 Ridgewood Pkwy, Suite 1200
San Antonio TX 78259
Chairman And Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Acquisiton 2024-03-07 419 $190.11 1,268,831 No 4 P Indirect By The Lion Fund, L.P.
Class A Common Stock Acquisiton 2024-03-08 101 $924.26 121,286 No 4 P Indirect By The Lion Fund, L.P.
Class B Common Stock Acquisiton 2024-03-08 1,005 $185.24 1,269,836 No 4 P Indirect By The Lion Fund, L.P.
Class A Common Stock Acquisiton 2024-03-11 149 $948.54 121,435 No 4 P Indirect By The Lion Fund, L.P.
Class B Common Stock Acquisiton 2024-03-11 1,908 $187.87 1,271,744 No 4 P Indirect By The Lion Fund, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By The Lion Fund, L.P.
No 4 P Indirect By The Lion Fund, L.P.
No 4 P Indirect By The Lion Fund, L.P.
No 4 P Indirect By The Lion Fund, L.P.
No 4 P Indirect By The Lion Fund, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 0 Direct
Class A Common Stock 25,663 Indirect By Biglari Capital Corp.
Class B Common Stock 1 Direct
Class B Common Stock 71,855 Indirect By Biglari Capital Corp.
Footnotes
  1. Shares owned directly by Biglari Capital Corp. ("BCC"), including shares of Class A and Class B common stock of the Issuer transferred for no consideration by Sardar Biglari to BCC. Mr. Biglari may be deemed a beneficial owner of the shares of Class A and Class B common stock of the Issuer owned directly by BCC.
  2. 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.
  3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $189.00 to $190.47. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  4. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $914.34 to $925.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  5. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $184.00 to $186.86. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  6. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $944.00 to $950.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  7. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $181.89 to $190.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.