BIGLARI, SARDAR (Chairman and CEO) purchased 2.8% of their position (3.45K shares) of BIGLARI HOLDINGS INC. on the open market
Open‑market purchase worth $1.60M — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 12/17/2025ACC: 0000921895-25-003369
DirectorOfficer10% Owner· Chairman and CEO
Since Mar 2026
+3.45K
Net shares
Net buyer
$1.60M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
3.45K acquired
Non-Derivative Transactions2
Class B common stock
Indirect
Shares
+3.08K
Price / share
$323.71
Trade value
$998.32K
% of position
0.2%
12/17/2025
1.33M→1.34M
Class A common stock
Indirect
Shares
+368.00
Price / share
$1.63K
Trade value
$601.14K
% of position
0.3%
12/17/2025
128.44K→128.81K
Total
Net shares
+3.45K
Net value
$1.60M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class B common stock Indirect | 12/17/2025 | P · Purchase | +3.08K | $323.71 | $998.32K | 0.2% | 1.33M | 1.34M |
| Class A common stock Indirect | 12/17/2025 | P · Purchase | +368.00 | $1.63K | $601.14K | 0.3% | 128.44K | 128.81K |
| Total | +3.45K | $1.60M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)4
Class A common stock
IndirectShares owned25.66K
Class B common stock
IndirectShares owned71.86K
Class A common stock
DirectShares owned0.10
Class B common stock
DirectShares owned1.00
Total
1.10 direct·97.52K indirect97.52K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A common stock | 25.66K | Indirect |
| Class B common stock | 71.86K | Indirect |
| Class A common stock | 0.10 | Direct |
| Class B common stock | 1.00 | Direct |
| Total | 97.52K | 1.10 direct·97.52K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported