Lion Fund, L.p. bought $126K of BH

bought $125.98k of BH

659 shares @ $191.17

Increased holdings by +0.10%

101st largest trade (out of 162)

Cluster BuyPositive 90D History

Trade made by a 10% owner

Part of a cluster of 29 transactions by 3 insiders

Unscheduled trade

82% win rate · +1.4% median edge vs SPY (94 trades, 90-day)

Price 11% above 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