LION Fund, L.P., 10% Owner at STEAK & SHAKE CO (SNS), bought 48,800 shares at $10.65 ($514K) on 2009-08-31, disclosed to the SEC on 2009-09-02.
Open-market purchase of $514k SNS by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $10.65 | 31,300 | $333K | 64.9% |
| 2 | $10.31 | 17,500 | $180K | 35.1% |
| Total | $10.53 avg | 48,800 | $514K | 100% |
| Filing → |
| BH | BUY | 2025-12-10 | $1.4M | — | Filing → |
| BH | BUY | 2025-11-24 | $1.6M | — | Filing → |
| BH | BUY | 2024-11-19 | $8.3M | — | Filing → |