Biglari Holdings Inc. Reports Annual Meeting Voting Results

What Happened
Biglari Holdings Inc. held its Annual Meeting of Shareholders on April 8, 2026 and filed an 8-K on April 9, 2026 reporting the voting results. A total of 200,129 shares were voted in person or by proxy, representing approximately 95% of the 211,176 shares outstanding and entitled to vote. All five director nominees were elected; there were 7,763 broker non-votes for the director election. The shareholders also ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2026.

Key Details

• Total shares voted: 200,129 (≈95% of 211,176 shares outstanding and entitled to vote).
• Director election results:
  • Sardar Biglari: 169,573 for; 22,793 withheld
  • Philip L. Cooley: 170,219 for; 22,147 withheld
  • Kenneth R. Cooper: 170,697 for; 21,669 withheld
  • John G. Cardwell: 171,200 for; 21,166 withheld
  • Ruth J. Person: 168,605 for; 23,761 withheld
  • Broker non-votes on director election: 7,763
• Auditor ratification (Proposal 2): Deloitte & Touche LLP — 198,645 for; 1,261 against; 197 abstentions.
• Report filed and signed by Bruce Lewis, Controller, on April 9, 2026.

Why It Matters
The filing confirms that shareholders re-elected the board nominees and approved Deloitte as the company auditor, ensuring continuity in governance and financial oversight for 2026. High participation (about 95%) indicates strong shareholder engagement in these governance matters. The presence of broker non-votes is noted for the director election but did not prevent the nominees from receiving majority support.