Lion Fund, L.p. bought $186K of BH

bought $186.17k of BH

1,005 shares @ $185.24

Increased holdings by +0.10%

84th largest trade (out of 162)

Cluster BuyPositive 90D History

Trade made by a 10% owner

Part of a cluster of 33 transactions by 3 insiders

Unscheduled trade

81% win rate · +2.6% median edge vs SPY (90 trades, 90-day)

Price 7% 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