BH · Biglari Holdings Inc.
Could not be re-screened as of 2026-07-15 — share count for BH predates its balance sheet (2020-11-03 < 2026-03-31). The figures below are from the last successful run and may be stale.
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. It also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, the company operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM brand names. Further, it involved investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $305.22 |
| SO | 0.2M |
| Options | — |
| Warrants | — |
| FD SO | 0.2M |
| MC | $63.1M |
| Cash | $200.1M |
| Total debt | $246.8M |
| EV | $109.9M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.3x |
| EV / EBITDA | 2.4x |
| MC / Net Income | — |
| EV / FCF | 1.3x |
| MC / FCF | 0.8x |
| Ownership & coverage | |
|---|---|
| Institutional | 98.8% |
| Insiders | 0.4% |
| # Institutions | 163 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | — |
| Days to cover | 2.18 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2020-11-03. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
This filer tags no option or warrant count, so FD SO counts it as zero and understates dilution — treat FD SO, MC and EV as a floor. (XBRL reports nothing both for a filer that has none and for one that simply doesn't tag them.)
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 97.48 | 99.87 | 99.74 | 100.62 |
| Revenue YoY % | 2.6% | 9.6% | 10.3% | 10.4% |
| Cost of Revenue | 37.47 | 41.69 | 41.84 | 40.04 |
| Gross Profit | 60.02 | 58.18 | 57.90 | 60.58 |
| Gross Profit YoY % | 4.8% | 5.4% | 6.8% | 11.7% |
| Gross Margin % | 61.6% | 58.3% | 58.1% | 60.2% |
| SG&A | 24.87 | 22.20 | 20.42 | 22.85 |
| Operating Expense | 64.16 | 59.92 | 51.05 | 56.91 |
| Operating Income | (4.14) | (1.74) | 6.85 | 3.67 |
| Operating Income YoY % | (141.4%) | (144.6%) | 109.5% | (81.4%) |
| Operating Margin % | (4.2%) | (1.7%) | 6.9% | 3.7% |
| EBITDA | 6.52 | 8.97 | 16.40 | 13.95 |
| EBITDA Margin % | 6.7% | 9.0% | 16.4% | 13.9% |
| Interest Expense | 5.65 | 5.64 | 0.83 | 0.85 |
| Other Income / (Expense) | (9.09) | (56.68) | (13.58) | 62.28 |
| Pretax Income | (18.88) | (64.06) | (7.55) | 65.10 |
| Tax Provision | (4.35) | (14.21) | (2.26) | 14.17 |
| Net Income | (14.53) | (49.85) | (5.29) | 50.93 |
| Net Margin % | (14.9%) | (49.9%) | (5.3%) | 50.6% |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 397.71 | 395.26 | 362.11 | 365.32 | 368.23 |
| Revenue YoY % | 0.6% | 9.2% | (0.9%) | (0.8%) | — |
| Cost of Revenue | 161.03 | 161.32 | 143.45 | 137.99 | 140.26 |
| Gross Profit | 236.68 | 233.94 | 218.66 | 227.33 | 227.97 |
| Gross Profit YoY % | 1.2% | 7.0% | (3.8%) | (0.3%) | — |
| Gross Margin % | 59.5% | 59.2% | 60.4% | 62.2% | 61.9% |
| SG&A | 90.34 | 86.84 | 75.67 | 77.00 | 70.61 |
| Operating Expense | 232.03 | 215.16 | 186.10 | 184.14 | 191.65 |
| Operating Income | 4.65 | 18.78 | 32.57 | 43.20 | 36.32 |
| Operating Income YoY % | (75.3%) | (42.3%) | (24.6%) | 18.9% | — |
| Operating Margin % | 1.2% | 4.8% | 9.0% | 11.8% | 9.9% |
| EBITDA | 45.83 | 59.56 | 72.41 | 82.17 | 72.76 |
| EBITDA Margin % | 11.5% | 15.1% | 20.0% | 22.5% | 19.8% |
| Interest Expense | 12.97 | 8.22 | 0.77 | 0.68 | 0.40 |
| Other Income / (Expense) | (17.07) | (58.25) | (39.95) | 22.33 | (78.95) |
| Pretax Income | (25.39) | (47.69) | (8.15) | 64.85 | (43.03) |
| Tax Provision | (6.65) | (10.20) | (4.39) | 9.31 | (10.72) |
| Net Income | (18.74) | (37.49) | (3.76) | 55.54 | (32.30) |
| Net Income to Common | (18.74) | (37.49) | (3.76) | 54.95 | (32.02) |
| Net Margin % | (4.7%) | (9.5%) | (1.0%) | 15.2% | (8.8%) |
| Diluted EPS | — | -$143.86 | -$13.45 | $189.49 | -$107.43 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 200.07 | 268.78 | 272.49 | 32.77 |
| Receivables | 24.94 | 23.28 | 21.24 | 21.08 |
| Inventory | 3.52 | 3.77 | 3.93 | 4.37 |
| Other Current Assets | 127.67 | 82.69 | 106.49 | 116.06 |
| Total Current Assets | 356.21 | 378.53 | 404.14 | 174.28 |
| Net PPE | 6.09 | 6.42 | 6.62 | 4.33 |
| Operating Lease ROU | 42.42 | 40.05 | 39.60 | 35.51 |
| Goodwill | 52.55 | 52.57 | 52.57 | 52.57 |
| Intangible Assets | 23.52 | 23.67 | 23.67 | 23.68 |
| Long-term Investments | 165.49 | 154.28 | 179.16 | 202.89 |
| Other Assets | 372.00 | 369.87 | 373.73 | 370.32 |
| Total Assets | 1,018.30 | 1,025.38 | 1,079.50 | 863.58 |
| Accounts Payable | 32.03 | 34.17 | 27.81 | 25.54 |
| Current Debt | 28.26 | 33.07 | 20.92 | — |
| Current Lease Liabilities | 7.44 | 8.23 | 8.45 | 9.01 |
| Other Current Liabilities | 76.58 | 80.53 | 85.78 | 91.54 |
| Total Current Liabilities | 144.32 | 156.00 | 142.96 | 126.09 |
| Long-term Debt | 211.68 | 213.92 | 214.91 | — |
| Long-term Lease Liabilities | 36.06 | 33.66 | 33.16 | 28.52 |
| Other Liabilities | 107.08 | 98.38 | 108.19 | 119.69 |
| Total Liabilities | 499.14 | 501.95 | 499.22 | 274.29 |
| Retained Earnings | 575.68 | 590.21 | 640.06 | 645.36 |
| Total Equity | 519.16 | 523.43 | 580.28 | 589.29 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 200.07 | 268.78 | 30.71 | 28.07 | 37.47 |
| Receivables | 24.94 | 23.28 | 25.18 | 22.24 | 29.38 |
| Inventory | 3.52 | 3.77 | 4.03 | 2.98 | 3.85 |
| Other Current Assets | 127.67 | 82.69 | 110.69 | 99.26 | 79.96 |
| Total Current Assets | 356.21 | 378.53 | 170.62 | 152.55 | 150.65 |
| Net PPE | 6.09 | 6.42 | 2.98 | 3.57 | 4.35 |
| Operating Lease ROU | 42.42 | 40.05 | 34.01 | 32.22 | 34.74 |
| Goodwill | 52.55 | 52.57 | 52.50 | 53.53 | 53.51 |
| Intangible Assets | 23.52 | 23.67 | 22.82 | 23.23 | 23.02 |
| Long-term Investments | 165.49 | 154.28 | 201.73 | 199.10 | 155.79 |
| Other Assets | 372.00 | 369.87 | 381.48 | 385.22 | 406.40 |
| Total Assets | 1,018.30 | 1,025.38 | 866.13 | 849.42 | 828.47 |
| Accounts Payable | 32.03 | 34.17 | 28.54 | 22.45 | 28.43 |
| Current Debt | 28.26 | 33.07 | 35.00 | 0.00 | 10.00 |
| Current Lease Liabilities | 7.44 | 8.23 | 8.54 | 8.77 | 10.58 |
| Other Current Liabilities | 76.58 | 80.53 | 75.24 | 79.88 | 85.88 |
| Total Current Liabilities | 144.32 | 156.00 | 147.32 | 111.10 | 134.90 |
| Long-term Debt | 211.68 | 213.92 | 10.00 | — | — |
| Long-term Lease Liabilities | 36.06 | 33.66 | 27.61 | 26.34 | 28.85 |
| Other Liabilities | 107.08 | 98.38 | 108.25 | 112.66 | 109.16 |
| Total Liabilities | 499.14 | 501.95 | 293.17 | 250.09 | 272.91 |
| Retained Earnings | 575.68 | 590.21 | 627.70 | 631.46 | 576.51 |
| Total Equity | 519.16 | 523.43 | 572.96 | 599.33 | 555.57 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | (14.53) | (49.85) | (5.29) | 50.93 |
| D&A | 10.66 | 10.71 | 9.54 | 10.27 |
| Δ Working Cap & Other | 24.21 | 56.92 | 26.99 | (19.06) |
| Operating Cash Flow | 20.33 | 17.77 | 31.25 | 42.15 |
| CapEx | (6.97) | (11.40) | (8.95) | (2.70) |
| Other Investing | (88.18) | (17.87) | — | (4.56) |
| Investing Cash Flow | (95.14) | (29.27) | (9.04) | (7.27) |
| Stock Issuance | 14.92 | — | — | — |
| Other Financing | (8.86) | 7.81 | 217.50 | (30.78) |
| Financing Cash Flow | 6.06 | 7.81 | 217.50 | (30.78) |
| Effect of FX on Cash | 0.05 | (0.01) | 0.01 | 0.00 |
| Free Cash Flow | 13.37 | 6.37 | 22.30 | 39.44 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (18.74) | (37.49) | (3.76) | 55.54 | (32.30) |
| D&A | 41.18 | 40.78 | 39.84 | 38.98 | 36.44 |
| Δ Working Cap & Other | 89.06 | 103.67 | 13.58 | (21.52) | 123.69 |
| Operating Cash Flow | 111.50 | 106.96 | 49.66 | 73.00 | 127.83 |
| CapEx | (30.02) | (30.35) | (30.59) | (23.41) | (29.75) |
| Acquisitions | — | — | 0.00 | 0.00 | (58.27) |
| Other Investing | (110.70) | (35.12) | (56.79) | (42.67) | (48.59) |
| Investing Cash Flow | (140.72) | (65.47) | (87.39) | (66.08) | (136.60) |
| Debt Repayment | — | — | — | 0.00 | 0.00 |
| Other Financing | 200.59 | 196.53 | 39.48 | (16.13) | 3.86 |
| Financing Cash Flow | 200.59 | 196.53 | 39.48 | (16.13) | 3.86 |
| Effect of FX on Cash | 0.05 | 0.04 | 0.02 | 0.06 | 0.04 |
| Free Cash Flow | 81.48 | 76.61 | 19.07 | 49.60 | 98.08 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | 2.47 | 2.43 | 2.83 | 1.38 |
| Quick Ratio | 2.44 | 2.40 | 2.80 | 1.35 |
| Debt / Equity | 0.96 | 0.96 | 0.86 | 0.47 |
| EBITDA Margin % | 6.7% | 9.0% | 16.4% | 13.9% |
| Working Capital | 211.89 | 222.53 | 261.19 | 48.19 |
| Net Debt | 11.60 | (54.86) | (57.57) | — |
| ROE % | (2.8%) | (9.5%) | (0.9%) | 8.6% |
| ROA % | (1.4%) | (4.9%) | (0.5%) | 5.9% |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 2.47 | 2.43 | 1.16 | 1.37 | 1.12 |
| Quick Ratio | 2.44 | 2.40 | 1.13 | 1.35 | 1.09 |
| Debt / Equity | 0.96 | 0.96 | 0.51 | 0.42 | 0.49 |
| EBITDA Margin % | 11.5% | 15.1% | 20.0% | 22.5% | 19.8% |
| Working Capital | 211.89 | 222.53 | 23.30 | 41.45 | 15.76 |
| Net Debt | 11.60 | (54.86) | (20.71) | — | — |
| ROE % | (3.6%) | (7.2%) | (0.7%) | 9.3% | (5.8%) |
| ROA % | (1.8%) | (3.7%) | (0.4%) | 6.5% | (3.9%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-06-05 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-06-05 | P | 535 | $297.14 | $158,970 |
| 2026-06-05 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-06-04 | P | 1,743 | $286.76 | $499,823 |
| 2026-05-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-05-14 | P | 14,351 | $258.06 | $3,703,419 |
| 2026-05-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-05-13 | P | 15,358 | $260.36 | $3,998,609 |
| 2026-05-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-05-12 | P | 22,965 | $249.84 | $5,737,576 |
| 2026-03-13 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-03-13 | P | 2,810 | $302.20 | $849,182 |
| 2026-03-09 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-03-09 | P | 3,320 | $301.06 | $999,519 |
| 2026-03-06 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-03-06 | P | 2,441 | $307.20 | $749,875 |
| 2026-03-03 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2026-03-03 | P | 1,146 | $331.15 | $379,498 |
| 2025-12-17 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-17 | P | 3,084 | $323.71 | $998,322 |
| 2025-12-17 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-17 | P | 368 | $1,633.52 | $601,135 |
| 2025-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-16 | P | 156 | $1,599.87 | $249,580 |
| 2025-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-15 | P | 152 | $328.00 | $49,856 |
| 2025-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-15 | P | 60 | $1,635.37 | $98,122 |
| 2025-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-12 | P | 449 | $333.14 | $149,580 |
| 2025-12-10 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-10 | P | 310 | $321.94 | $99,801 |
| 2025-12-10 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-09 | P | 938 | $319.08 | $299,297 |
| 2025-12-10 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-08 | P | 973 | $315.08 | $306,573 |
| 2025-12-05 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-05 | P | 1,465 | $306.90 | $449,608 |
| 2025-12-05 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-04 | P | 1,139 | $306.05 | $348,591 |
| 2025-12-05 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-12-03 | P | 2,802 | $303.32 | $849,903 |
| 2025-11-24 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-11-24 | P | 213 | $1,406.27 | $299,536 |
| 2025-11-24 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2025-11-24 | P | 1,819 | $274.74 | $499,752 |
| 2024-12-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-17 | P | 682 | $1,250.34 | $852,732 |
| 2024-12-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-17 | P | 2,589 | $249.55 | $646,085 |
| 2024-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-16 | P | 114 | $1,186.32 | $135,240 |
| 2024-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-16 | P | 703 | $234.12 | $164,586 |
| 2024-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-13 | P | 17 | $1,160.00 | $19,720 |
| 2024-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-13 | P | 128 | $234.98 | $30,077 |
| 2024-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-12 | P | 277 | $1,174.06 | $325,215 |
| 2024-12-16 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-12 | P | 239 | $234.13 | $55,957 |
| 2024-12-09 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-05 | P | 2,167 | $228.47 | $495,094 |
| 2024-12-04 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-04 | P | 444 | $223.85 | $99,389 |
| 2024-12-04 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-03 | P | 274 | $1,108.95 | $303,852 |
| 2024-12-04 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-03 | P | 2,667 | $223.47 | $595,994 |
| 2024-12-04 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-02 | P | 144 | $1,078.01 | $155,233 |
| 2024-12-04 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-12-02 | P | 1,591 | $217.16 | $345,502 |
| 2024-11-29 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-27 | P | 327 | $1,068.21 | $349,305 |
| 2024-11-29 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-27 | P | 2,095 | $212.54 | $445,271 |
| 2024-11-29 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-26 | P | 130 | $1,030.10 | $133,913 |
| 2024-11-29 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-26 | P | 798 | $206.95 | $165,146 |
| 2024-11-22 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-22 | P | 384 | $207.95 | $79,853 |
| 2024-11-22 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-21 | P | 1,186 | $207.46 | $246,048 |
| 2024-11-22 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-20 | P | 1 | $1,030.00 | $1,030 |
| 2024-11-22 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-20 | P | 856 | $210.00 | $179,760 |
| 2024-11-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-19 | P | 151 | $1,045.10 | $157,810 |
| 2024-11-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-19 | P | 3,965 | $209.77 | $831,738 |
| 2024-11-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-18 | P | 197 | $1,049.29 | $206,710 |
| 2024-11-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-18 | P | 4,948 | $208.78 | $1,033,043 |
| 2024-11-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-15 | P | 782 | $1,049.52 | $820,725 |
| 2024-11-19 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-15 | P | 5,152 | $209.97 | $1,081,765 |
| 2024-11-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-14 | P | 671 | $1,032.57 | $692,854 |
| 2024-11-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-14 | P | 3,992 | $210.13 | $838,839 |
| 2024-11-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-13 | P | 1,630 | $997.72 | $1,626,284 |
| 2024-11-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-13 | P | 6,928 | $199.00 | $1,378,672 |
| 2024-11-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-12 | P | 460 | $897.76 | $412,970 |
| 2024-11-14 | BIGLARI, SARDAR | Director, Officer (Chairman and CEO), 10% Owner | 2024-11-12 | P | 4,534 | $181.34 | $822,196 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-22 | P | 4,516 | $13.48 | $60,876 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-21 | P | 43,161 | $13.59 | $586,558 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-20 | P | 100,000 | $13.42 | $1,342,000 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-19 | P | 62,329 | $13.46 | $838,948 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-16 | P | 21,325 | $13.13 | $279,997 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-15 | P | 50,554 | $13.00 | $657,202 |
| 2024-08-27 | BIGLARI, SARDAR | 10% Owner | 2024-08-14 | P | 62,362 | $12.47 | $777,654 |