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Biglari, Sardar's Form 4 filing

Biglari Holdings Inc. (BH) · filed Mar 13, 2026

Accession no.
0000921895-26-000687
Filed
Mar 13, 2026, 5:06 PM ET
Trade date
Mar 13, 2026
Filing delay
Same day
Rule 10b5-1 plan
Not checked

This filing lists 1 non-derivative transaction. Open-market purchases total $849.2K. It was filed on the trade date.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Biglari, SardarCIK 0001334430Director, Officer (Chairman and CEO), 10% Owner
Lion Fund, L.P.CIK 000133442610% Owner
Biglari Capital Corp.CIK 000133442910% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 13, 2026Class B common stockPPurchaseAcquired+2,810$302.20F3+$849,1821,345,430Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F3

The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $297.73 to $304.46. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Remarks

This Form 4 is filed jointly by Mr. Biglari, BCC and the Lion Fund. Each of Mr. Biglari, BCC and the Lion Fund disclaims beneficial ownership of the shares of Class A and Class B common stock reported herein except to the extent of his or its pecuniary interest therein.

Read the full filing on SEC EDGAR (opens in a new tab)