Biglari Insurance Group Inc

Sardar Biglari (10% owner) sold 141,946 shares for $2,448,073.67 across 2 transactions at blended average $17.25.

Sardar Biglari executed 2 separate sales totaling 141,946 shares for $2,448,073.67 on July 1–2, 2026, reducing his LOCO stake from 3,777,400 shares to 3,635,454 shares (a -3.8% reduction). The sales occurred at prices ($17.27 on July 1, $16.92 on July 2) near the 52-week high of $17.40, and stock currently trades at $16.30 (-6.3% from that high). Biglari's cross-ticker track record across 20 prior open-market buys shows an average 90-day return of -18.7% with a 21.43% win rate, indicating a historically challenging pattern of timing. Despite the sale, Biglari retains a substantial 3.64M-share position, maintaining material ownership at the company with $126.2M in quarterly revenue and a P/E of 17.91.

10% Owner Sardar Biglari sells 222,600 LOCO shares over 3 days for $3.7M; holds 3.78M shares post-sale

Sardar Biglari, a 10% owner of El Pollo Loco, executed three separate sales totaling 222,600 shares for $3,715,166.00 between June 26–30, 2026 at prices ranging from $16.58 to $16.91, representing a 5.6% reduction of his pre-transaction holdings of 4,000,000 shares. The stock is currently trading at $16.96, within 0.2% of its 52-week high of $17.00 and up 14.1% over the prior 30 days and 22.2% over 90 days, suggesting the sales occurred during a period of price strength. Biglari's cross-ticker track record shows 20 prior buys with an average 90-day return of -18.7% and a 21.43% win rate, though this open-market historical data reflects timing patterns across multiple holdings, not predictive power specific to El Pollo Loco. The filing documents a material but measured reduction in an already substantial stake; Biglari retains 3,777,400 shares post-transaction.

Biglari purchased 344,247 shares (344.2K shares) for $4,543,235.40 across 7 transactions, raising stake to 369,247 shares post-acquisition.

Sardar Biglari, a 10% owner, deployed $4,543,235.40 across 7 separate purchases between August 14–22, 2024, acquiring 344,247 shares at a blended average price of $13.20 and raising his holding from 25,000 shares to 369,247 shares (a +1377.0% increase in his position size). The purchases began near the 52-week low of $8.18 and continued as the stock rose to its current $13.66, which is at the 52-week high, representing a 30-day advance of +18.4% and a 90-day advance of +30.7%. However, Biglari's broader cross-ticker track record reveals a weak pattern: across 20 prior buys on other tickers, his average 90-day return was -33.2% with a 45.00% win rate, suggesting a history of buying into positions that subsequently decline. This multi-transaction filing reflects a material expansion of his LOCO stake at prices well below current levels, but the timing against his demonstrated cross-ticker buying pattern warrants evaluation of whether such accumulation reflects contrarian positioning or prior execution challenges.