Sardar Biglari, Chairman of Biglari Holdings, purchased $13.4 million worth of BH Class B common stock.
The purchases occurred over three days from May 12 to 14, 2026.
The stock was trading around $258 after a 16% drop the prior week.
A total of 52,674 shares were acquired at weighted average prices between $249.84 and $260.36.
The transactions were made indirectly through The Lion Fund, L.P.
Biglari is the beneficial owner due to his roles in related entities.
