Form 4 for BH-A Biglari Holdings Inc.
Accepted 2026-05-14 19:58:26 ET · period of report 2026-05-12 · accession 0000921895-26-001333 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2026-05-14 19:58 | 2026-05-12+ | BH-A | BIGLARI, SARDAR | COB, CEO, Dir, 10% | P - Purchase | $255.15 | +52.7K | 1.40M | +4% | +$13.44M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B common stock | 2026-05-12 | P | A | 22,965 | $249.84 | 1,368,395 | I By The Lion Fund, L.P. | — | — | (F3) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $244.18 to $256.54. 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. (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. |
| 2 | Common | Class B common stock | 2026-05-13 | P | A | 15,358 | $260.36 | 1,383,753 | I By The Lion Fund, L.P. | — | — | (F4) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $252.40 to $265.00. 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. (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. |
| 3 | Common | Class B common stock | 2026-05-14 | P | A | 14,351 | $258.06 | 1,398,104 | I By The Lion Fund, L.P. | — | — | (F5) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $256.50 to $259.46. 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. (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. |