Lion Fund, L.p. bought $849K of BH

bought $849.18k of BH

2,810 shares @ $302.20

Increased holdings by +0.20%

22nd largest trade (out of 162)

Cluster BuyPositive 90D History

Trade made by a 10% owner

Part of a cluster of 7 transactions by 3 insiders

Unscheduled trade

71% win rate · +3.5% median edge vs SPY (151 trades, 90-day)

Price 9% below 200-day moving average

BHBiglari Holdings Inc.

Consumer DiscretionaryRestaurants

1D0.00%

1W-3.37%

1M+13.50%

3M+23.90%

6M—

1Y—

Recent insider activity at BH