# Biglari Holdings Inc. (BH) insider trading

> In the 12 months to Nov 13, 2026, one BH insider reported open-market purchases of $22.4M across 11 filings; no open-market sales were filed.

Canonical: https://massive.com/quote/bh/insider-trading
Latest filing: 2026-06-05 (last 12 months; source: SEC EDGAR)
Source: Massive (https://massive.com/docs/llms.txt)

## Summary

| Measure | Value | Detail |
| --- | --- | --- |
| Open-market sales | $0 | 0 filings · 0 insiders |
| Open-market purchases | $22.4M | 11 filings · Sardar Biglari, Chairman and CEO |

## Open-market trades by insider

| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
| --- | --- | --- | --- | --- | --- | --- |
| Sardar Biglari | Chairman and CEO | — | $22.4M | 11 | — | 2026-06-05 |

## Open-market trades by filing

11 filings in the last 12 months, newest first.

| Filed | Traded | Insider | Role | Type | Shares | Avg price | Value | Held after | Filing |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-06-05 | 2026-06-04 | Sardar Biglari | Chairman and CEO | Purchase | 2,278 | $289.20 | $658.8K | 1,400,382 | — |
| 2026-05-14 | 2026-05-12 | Sardar Biglari | Chairman and CEO | Purchase | 52,674 | $255.15 | $13.4M | 1,398,104 | — |
| 2026-03-13 | 2026-03-13 | Sardar Biglari | Chairman and CEO | Purchase | 2,810 | $302.20 | $849.2K | 1,345,430 | — |
| 2026-03-09 | 2026-03-09 | Sardar Biglari | Chairman and CEO | Purchase | 3,320 | $301.06 | $999.5K | 1,342,620 | — |
| 2026-03-06 | 2026-03-06 | Sardar Biglari | Chairman and CEO | Purchase | 2,441 | $307.20 | $749.9K | 1,339,300 | — |
| 2026-03-03 | 2026-03-03 | Sardar Biglari | Chairman and CEO | Purchase | 1,146 | $331.15 | $379.5K | 1,336,859 | — |
| 2025-12-17 | 2025-12-17 | Sardar Biglari | Chairman and CEO | Purchase | 3,452 | $463.34 | $1.6M | 128,812 | — |
| 2025-12-16 | 2025-12-12 | Sardar Biglari | Chairman and CEO | Purchase | 817 | $669.69 | $547.1K | 128,444 | — |
| 2025-12-10 | 2025-12-08 | Sardar Biglari | Chairman and CEO | Purchase | 2,221 | $317.73 | $705.7K | 1,332,028 | — |
| 2025-12-05 | 2025-12-03 | Sardar Biglari | Chairman and CEO | Purchase | 5,406 | $304.87 | $1.6M | 1,329,807 | — |
| 2025-11-24 | 2025-11-24 | Sardar Biglari | Chairman and CEO | Purchase | 2,032 | $393.35 | $799.3K | 1,324,401 | — |

## How to read this page

- **Open-market purchase or sale**: A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- **Filing date**: Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.
- **Counted once**: When several owners (a fund and its partners, say) report the same trade, it's counted once. Corrected filings replace the originals.

## FAQ

### Has Biglari Holdings Inc.'s CEO sold stock?

No. Sardar Biglari (CEO) made no open-market sales filed as CEO in the last 12 months.

### How current is BH’s insider data?

These are BH Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

### What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

## Live data

This page joins two Massive endpoints: Form 4 filings and daily prices. The BH Form 4 request:

- `GET https://api.massive.com/stocks/filings/vX/form-4?tickers=BH&filing_date.gte=2025-11-13&sort=filing_date.desc&limit=500`

Requests need a Massive API key. API reference for agents: https://massive.com/docs/llms.txt. Connect an AI agent through the Massive MCP server: https://massive.com/docs/ai-tools.

## Related

- [Biglari Holdings Inc. (BH) stock price](https://massive.com/quote/bh.md)
- [Recent insider trading](https://massive.com/quote/insider-trading.md)
- [Markets overview](https://massive.com/quote/index.md)

Nothing here is investment advice. Data and content are provided for informational purposes under the Massive Terms of Service: https://massive.com/terms