Insider Buying and Selling - Biglari, Sardar - Insider Drift

Biglari Holdings Inc. - BH-A

CEO Director 10% owner

Chairman and CEO

Direct Buys

0

$0

0 Shares

Direct Sells

0

$0

0 Shares

Indirect Buys

11

$5.30 M

13,928 Shares

Indirect Sells

0

$0

0 Shares

Monthly Values

Transaction	Filed	Type	Shares @ Price	Value	Balance ( Change % )	Ownership
12/17/2025	12/17/2025	Buy	3,452 @ $463.34	$1,599,457	128,812 (2.75%)	Indirect - By The Lion Fund, L.P.
12/16/2025	12/16/2025	Buy	156 @ $1,599.87	$249,580	128,444 (0.12%)	Indirect - By The Lion Fund, L.P.
12/15/2025	12/16/2025	Buy	212 @ $698.01	$147,978	128,288 (0.17%)	Indirect - By The Lion Fund, L.P.
12/12/2025	12/16/2025	Buy	449 @ $333.14	$149,580	1,332,477 (0.03%)	Indirect - By The Lion Fund, L.P.
12/10/2025	12/10/2025	Buy	310 @ $321.94	$99,801	1,332,028 (0.02%)	Indirect - By The Lion Fund, L.P.
12/09/2025	12/10/2025	Buy	938 @ $319.08	$299,297	1,331,718 (0.07%)	Indirect - By The Lion Fund, L.P.
12/08/2025	12/10/2025	Buy	973 @ $315.08	$306,573	1,330,780 (0.07%)	Indirect - By The Lion Fund, L.P.
12/05/2025	12/05/2025	Buy	1,465 @ $306.90	$449,608	1,329,807 (0.11%)	Indirect - By The Lion Fund, L.P.
12/04/2025	12/05/2025	Buy	1,139 @ $306.05	$348,591	1,328,342 (0.09%)	Indirect - By The Lion Fund, L.P.
12/03/2025	12/05/2025	Buy	2,802 @ $303.32	$849,903	1,327,203 (0.21%)	Indirect - By The Lion Fund, L.P.
11/24/2025	11/24/2025	Buy	2,032 @ $393.35	$799,288	1,324,401 (0.15%)	Indirect - By The Lion Fund, L.P.