Home/Filings/4/0000921895-24-002957
4//SEC Filing

LION FUND, L.P. 4

Accession 0000921895-24-002957

CIK 0001726173other

Filed

Dec 15, 7:00 PM ET

Accepted

Dec 16, 9:30 PM ET

Size

23.1 KB

Accession

0000921895-24-002957

Insider Transaction Report

Form 4
Period: 2024-12-12
Transactions
  • Purchase

    Class A common stock

    2024-12-16$1186.32/sh+114$135,240127,332.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class A common stock

    2024-12-13$1160.00/sh+17$19,720127,218.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-13$234.98/sh+128$30,0771,319,290 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class A common stock

    2024-12-12$1174.06/sh+277$325,215127,201.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-12$234.13/sh+239$55,9571,319,162 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-16$234.12/sh+703$164,5861,319,993 total(indirect: By The Lion Fund, L.P.)
Holdings
  • Class A common stock

    (indirect: By Biglari Capital Corp.)
    25,663.1
  • Class B common stock

    1
  • Class B common stock

    (indirect: By Biglari Capital Corp.)
    71,855
  • Class A common stock

    0.1
Transactions
  • Purchase

    Class A common stock

    2024-12-12$1174.06/sh+277$325,215127,201.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-12$234.13/sh+239$55,9571,319,162 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class A common stock

    2024-12-13$1160.00/sh+17$19,720127,218.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-13$234.98/sh+128$30,0771,319,290 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class A common stock

    2024-12-16$1186.32/sh+114$135,240127,332.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-16$234.12/sh+703$164,5861,319,993 total(indirect: By The Lion Fund, L.P.)
Holdings
  • Class A common stock

    0.1
  • Class B common stock

    (indirect: By Biglari Capital Corp.)
    71,855
  • Class A common stock

    (indirect: By Biglari Capital Corp.)
    25,663.1
  • Class B common stock

    1
BIGLARI, SARDAR
DirectorChairman and CEO10% Owner
Transactions
  • Purchase

    Class A common stock

    2024-12-12$1174.06/sh+277$325,215127,201.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class A common stock

    2024-12-13$1160.00/sh+17$19,720127,218.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class A common stock

    2024-12-16$1186.32/sh+114$135,240127,332.7 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-13$234.98/sh+128$30,0771,319,290 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-16$234.12/sh+703$164,5861,319,993 total(indirect: By The Lion Fund, L.P.)
  • Purchase

    Class B common stock

    2024-12-12$234.13/sh+239$55,9571,319,162 total(indirect: By The Lion Fund, L.P.)
Holdings
  • Class A common stock

    (indirect: By Biglari Capital Corp.)
    25,663.1
  • Class B common stock

    1
  • Class B common stock

    (indirect: By Biglari Capital Corp.)
    71,855
  • Class A common stock

    0.1
Footnotes (7)
  • [F1]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.
  • [F2]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.
  • [F3]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,169.80 to $1,175.00. 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.
  • [F4]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $233.50 to $235.00. 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.
  • [F5]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $234.01 to $234.99. 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.
  • [F6]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1,154.45 to $1,200.00. 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.
  • [F7]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $231.43 to $236.00. 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.

Issuer

Biglari Holdings Inc.

CIK 0001726173

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001334426

Filing Metadata

Form type
4
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 9:30 PM ET
Size
23.1 KB