Lion Fund, L.p. bought $839K of BH

bought $838.84k of BH

3,992 shares @ $210.13

Increased holdings by +0.30%

23rd largest trade (out of 162)

Cluster BuyPositive 90D History

Trade made by a 10% owner

Part of a cluster of 31 transactions by 3 insiders

Unscheduled trade

78% win rate · +1.1% median edge vs SPY (104 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