Lion Fund, L.p. bought $745K of BH

bought $745.05k of BH

3,873 shares @ $192.37

Increased holdings by +0.30%

28th largest trade (out of 162)

Cluster BuyPositive 90D History

Trade made by a 10% owner

Part of a cluster of 21 transactions by 3 insiders

Unscheduled trade

79% win rate · +1.0% median edge vs SPY (98 trades, 90-day)

Price 15% 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