Company:  BIGLARI HOLDINGS INC. (BH)
Form Type:  4
Filing Date:  3/25/2020 
CIK:  0001726173 
Address:  17802 IH 10 WEST, SUITE 400 
City, State, Zip:  SAN ANTONIO, Texas 78257 
Telephone:  (210) 344-3400 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$61.19  
Change: 
2.33 (3.96%)  
Trade Time: 
04:00 PM EST  
Market Cap: 
$126.58M
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Description of Business
Biglari Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance, media and licensing, restaurants, and oil and gas. The Company's largest operating subsidiaries are involved in the franchising and operating of restaurants. Biglari Holdings is founded and led by Sardar Biglari, Chairman and Chief Executive Officer of the Company. The Company's long-term objective is to maximize per-share intrinsic value. All major investment and capital allocation decisions are made for the Company and its subsidiaries by Mr. Biglari. As of December 31, 2019, Mr. Biglari's beneficial ownership was approximately 64.4% of the Company's outstanding Class A common stock and 55.4% of the Company's outstanding Class B common stock. Restaurant Operations The Company's restaurant operations are conducted through two subsidiaries: Steak n Shake Inc.
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  FORM 4
    NAME AND TITLE
    NON DERIVATIVE SECURITIES
    DERIVATIVE SECURITIES
    EXPLANATIONS AND REMARKS
    REPORTING OWNERS
    SIGNATURES