The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BAUSCH HEALTH COS INC COM 071734107 8,216 395,000 SH   DFND 1,2 395,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 696 2 SH   DFND 1,2 2 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 43,477 125 SH   DFND 1,3 125 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,637 20,000 SH   DFND 1,2 20,000 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 15,013 25,663 SH   DFND 1 25,663 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 21,394 36,572 SH   DFND 1,2 36,572 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 44,874 76,707 SH   DFND 1,3 76,707 0 0
BIGLARI HLDGS INC COM STK CL B 08986R309 7,990 71,855 SH   DFND 1 0 0 71,855
BIGLARI HLDGS INC COM STK CL B 08986R309 40,669 365,726 SH   DFND 1,2 0 0 365,726
BIGLARI HLDGS INC COM STK CL B 08986R309 90,779 816,360 SH   DFND 1,3 0 0 816,360
CONTINENTAL RES INC COM 212015101 437 26,800 SH Call DFND 1,2 26,800 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 263,840 2,000,000 SH   DFND 1,3 2,000,000 0 0
ELECTRONIC ARTS INC COM 285512109 302 2,100 SH   DFND 1,2 2,100 0 0
ELECTRONIC ARTS INC COM 285512109 1,580 11,000 SH   DFND 1,3 11,000 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100 454 73,477 SH   DFND 1,2 73,477 0 0
EXPEDITORS INTL WASH INC COM 302130109 16,140 169,700 SH   DFND 1,3 169,700 0 0
UNICO AMERN CORP COM 904607108 2,398 527,100 SH   DFND 1,2 527,100 0 0