BIGLARI HLDGS INC

Ticker: BH CUSIP: 08986R309 Class: Common Stock

Smartleaf Asset Management LLC's Holding History (CIK: 0002010393)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 1 Value ($000) $0 Avg Close $335.75 Range $266.53 - $381.83

Q3 2025

Shares 1 Value ($000) $0 Avg Close $305.30 Range $273.39 - $332.90

Q1 2025

Shares 10 Value ($000) $2 Avg Close $227.91 Range $207.00 - $269.00

Q4 2024

Shares 10 Value ($000) $3 Avg Close $201.43 Range $164.62 - $271.35

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1	$0	$335.75	$266.53 - $381.83
Q3 2025	1	$0	$305.30	$273.39 - $332.90
Q1 2025	10	$2	$227.91	$207.00 - $269.00
Q4 2024	10	$3	$201.43	$164.62 - $271.35