4//SEC Filing
LION FUND, L.P. 4
Accession 0000921895-25-003187
CIK 0001726173other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 5:54 PM ET
Size
14.9 KB
Accession
0000921895-25-003187
Insider Transaction Report
Form 4
LION FUND, L.P.
10% Owner
Transactions
- Purchase
Class B common stock
2025-11-24$274.74/sh+1,819$499,752→ 1,324,401 total(indirect: By The Lion Fund, L.P.) - Purchase
Class A common stock
2025-11-24$1406.27/sh+213$299,536→ 128,227.7 total(indirect: By The Lion Fund, L.P.)
Holdings
- 1
Class B common stock
- 25,663.1(indirect: By Biglari Capital Corp.)
Class A common stock
- 0.1
Class A common stock
- 71,855(indirect: By Biglari Capital Corp.)
Class B common stock
BIGLARI CAPITAL CORP.
10% Owner
Transactions
- Purchase
Class B common stock
2025-11-24$274.74/sh+1,819$499,752→ 1,324,401 total(indirect: By The Lion Fund, L.P.) - Purchase
Class A common stock
2025-11-24$1406.27/sh+213$299,536→ 128,227.7 total(indirect: By The Lion Fund, L.P.)
Holdings
- 0.1
Class A common stock
- 71,855(indirect: By Biglari Capital Corp.)
Class B common stock
- 25,663.1(indirect: By Biglari Capital Corp.)
Class A common stock
- 1
Class B common stock
BIGLARI, SARDAR
DirectorChairman and CEO10% Owner
Transactions
- Purchase
Class A common stock
2025-11-24$1406.27/sh+213$299,536→ 128,227.7 total(indirect: By The Lion Fund, L.P.) - Purchase
Class B common stock
2025-11-24$274.74/sh+1,819$499,752→ 1,324,401 total(indirect: By The Lion Fund, L.P.)
Holdings
- 25,663.1(indirect: By Biglari Capital Corp.)
Class A common stock
- 1
Class B common stock
- 71,855(indirect: By Biglari Capital Corp.)
Class B common stock
- 0.1
Class A common stock
Footnotes (4)
- [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 $1,395.00 to $1,418.00. 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 $272.65 to $275.00. 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.
Documents
Issuer
Biglari Holdings Inc.
CIK 0001726173
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001334426
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 5:54 PM ET
- Size
- 14.9 KB