Biglari Holdings Inc. (BH) Insider Trading

Over the last 3 months, BH insiders made 5 open-market buys and 0 sales, a net purchase of $15.3M (SEC Form 4). Over the last 6 months, 68 institutions increased and 61 reduced their position (13F).

Insider Activity

Sentiment
100/100
Buys (3m)
5
Sells (3m)
0
Net (3m)
$15.3M
Insiders buying
Insider trades by month Buys Sells
Nov
Dec
Nov
Dec
Mar
May
Context3-month price -13.7%Institutions accumulating (13F)
DateInsiderTypeSharesPrice
May 14, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy15,358$260.36
May 14, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy22,965$249.84
May 14, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy14,351$258.06
Mar 13, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy2,810$302.20
Mar 9, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy3,320$301.06
Mar 6, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy2,441$307.20
Mar 3, 2026BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy1,146$331.15
Dec 17, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy368$1633.52
Dec 17, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy3,084$323.71
Dec 16, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy449$333.14
Dec 16, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy152$328.00
Dec 16, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy60$1635.37
Dec 16, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy156$1599.87
Dec 10, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy310$321.94
Dec 10, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy938$319.08
Dec 10, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy973$315.08
Dec 5, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy2,802$303.32
Dec 5, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy1,465$306.90
Dec 5, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy1,139$306.05
Nov 24, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy213$1406.27
Nov 24, 2025BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy1,819$274.74
Dec 19, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy682$1250.34
Dec 19, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy2,589$249.55
Dec 16, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy277$1174.06
Dec 16, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy114$1186.32
Dec 16, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy239$234.13
Dec 16, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy128$234.98
Dec 16, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy703$234.12
Dec 16, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy17$1160.00
Dec 9, 2024BIGLARI, SARDARdirector, 10 percent owner, officer: Chairman and CEOBuy2,167$228.47

Source: BH SEC Form 4 filings, latest May 14, 2026. For informational purposes only — not investment advice.

Institutional activity (13F)

How institutions changed their BH positions over the last 6 months (SEC Form 13F).

Increased
68
New positions
45
Reduced
61
Sold out
26
Largest moves
InstitutionActionSharesFiled
BIGLARI CAPITAL CORP.Increased1.4MMay 15, 2026
BIGLARI CAPITAL CORP.Increased1.4MFeb 17, 2026
DIMENSIONAL FUND ADVISORS LPIncreased102KMay 7, 2026
DIMENSIONAL FUND ADVISORS LPIncreased102KFeb 12, 2026
Swiss Life Asset Management LtdNew Position66KMay 14, 2026
BLACKROCK, INC.Reduced50KFeb 12, 2026
BLACKROCK, INC.Reduced45KMay 13, 2026
VANGUARD GROUP INCIncreased40KJan 29, 2026
MARSHALL WACE, LLPIncreased32KMay 15, 2026
VANGUARD CAPITAL MANAGEMENT LLCNew Position30KMay 15, 2026
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPIncreased25KFeb 13, 2026
INVESCO LTD.Reduced24KFeb 19, 2026
QUBE RESEARCH & TECHNOLOGIES LTDIncreased22KMay 15, 2026
RENAISSANCE TECHNOLOGIES LLCIncreased22KMay 14, 2026
TREXQUANT INVESTMENT LPIncreased22KMay 15, 2026

Source: SEC Form 13F filings. For informational purposes only — not investment advice.