BH (Biglari Holdings Inc. Class B Common Stock)
Insider Trading Activity
Every open-market purchase and sale reported by BH officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2018-03-08 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2018-03-05 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2018-03-01 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2018-03-01 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-02-23 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-02-20 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-02-14 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2018-02-09 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2018-02-06 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-02-01 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-29 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-24 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-19 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-12 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-09 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-04 | SARDAR BIGLARI | Director | Buy | — | — |
| 2018-01-02 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2017-12-27 | SARDAR BIGLARI | Director | Buy | — | — |
| 2017-12-21 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2017-12-18 | SARDAR BIGLARI | Director | Buy | — | — |
| 2017-12-13 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2017-12-06 | SARDAR BIGLARI | Director | Buy | — | — |
| 2017-12-01 | SARDAR BIGLARI | Director | Buy | — | — |
| 2017-11-28 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2017-11-22 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2017-11-08 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2017-10-16 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2017-10-11 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2017-10-05 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-08-10 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-07-06 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-06-30 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-06-27 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-06-22 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-06-15 | SARDAR BIGLARI | Director | Buy | — | — |
| 2016-06-10 | SARDAR BIGLARI | Director | Buy | — | — |
| 2016-06-07 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-06-03 | SARDAR BIGLARI | Director | Buy | — | — |
| 2016-06-01 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-05-26 | BIGLARI CAPITAL CORP. | 10%+ Owner | MIXED | — | — |
| 2016-03-18 | KENNETH R COOPER | Director | Buy | — | — |
| 2016-02-05 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2016-02-02 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2016-01-28 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2016-01-25 | LION FUND, L.P. | 10%+ Owner | Buy | — | — |
| 2016-01-20 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2016-01-14 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2016-01-11 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| 2016-01-06 | LION FUND II, L.P. | 10%+ Owner | Buy | — | — |
| 2015-07-06 | BIGLARI CAPITAL CORP. | 10%+ Owner | Buy | — | — |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| — | 10%+ Owner | 725,069 | — |
| — | 10%+ Owner | 396,745 | — |
| — | Director | 365,727 | — |
| — | 10%+ Owner | 207,478 | — |
| — | 10%+ Owner | 204,308 | — |
| — | 10%+ Owner | 31,019 | — |
| — | Director | 7,475 | — |
| — | 10%+ Owner | 6,387 | — |
| — | Interim CFO & VP | 1,375 | — |
| — | Director | 623 | — |
| — | Director | 512 | — |
| — | Director | 385 | — |
| — | Director | 336 | — |
| — | Director | 323 | — |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the BH quote page; the site-wide leaderboard is on the insider transactions hub.