LION FUND Ii, L.P., 10% Owner, Director at BIGLARI HOLDINGS INC. (BH), bought 6,620 shares at $407.66 ($2.7M) on 2018-02-02, disclosed to the SEC on 2018-02-06.
Open-market purchase of $2.7M BH by 10% Owner, Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $407.66 | 1,218 | $497K | 18.7% |
| 2 | $407.66 | 1,218 | $497K | 18.7% |
| 3 | $400.05 | 905 | $362K | 13.7% |
| 4 | $400.05 | 905 | $362K | 13.7% |
| 5 | $393.66 | 1,187 | $467K | 17.6% |
| 6 | $393.66 | 1,187 |
| $467K |
| 17.6% |
| Total | $400.56 avg | 6,620 | $2.7M | 100% |
| Filing → |
| BH | BUY | 2021-06-16 | $200K | — | Filing → |
| BH | BUY | 2021-06-14 | $1.5M | — | Filing → |
| BH | BUY | 2021-06-08 | $1.9M | — | Filing → |