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 12,537 395,000 SH   DFND 1,2 395,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 771 2 SH   DFND 1,2 2 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 48,213 125 SH   DFND 1,3 125 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 5,109 20,000 SH   DFND 1,2 20,000 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 17,336 25,663 SH   DFND 1 25,663 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 24,705 36,572 SH   DFND 1,2 36,572 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 52,260 77,363 SH   DFND 1,3 77,363 0 0
BIGLARI HLDGS INC COM STK CL B 08986R309 9,539 71,855 SH   DFND 1 0 0 71,855
BIGLARI HLDGS INC COM STK CL B 08986R309 48,554 365,726 SH   DFND 1,2 0 0 365,726
BIGLARI HLDGS INC COM STK CL B 08986R309 108,631 818,248 SH   DFND 1,3 0 0 818,248
CRACKER BARREL OLD CTRY STOR COM 22410J106 345,760 2,000,000 SH   DFND 1,3 2,000,000 0 0
ELECTRONIC ARTS INC COM 285512109 284 2,100 SH   DFND 1,2 2,100 0 0
ELECTRONIC ARTS INC COM 285512109 1,489 11,000 SH   DFND 1,3 11,000 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100 564 73,477 SH   DFND 1,2 73,477 0 0
EXPEDITORS INTL WASH INC COM 302130109 20,687 192,100 SH   DFND 1,3 192,100 0 0
UNICO AMERN CORP COM 904607108 2,773 527,100 SH   DFND 1,2 527,100 0 0