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

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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 3,302 395,000 SH   DFND 1,2 395,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 818 2 SH   DFND 1,2 2 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 15,086 25,663 SH   DFND 1 25,663 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 70,561 120,037 SH   DFND 1,2 120,037 0 0
BIGLARI HLDGS INC COM STK CL B 08986R309 8,817 71,855 SH   DFND 1 0 0 71,855
BIGLARI HLDGS INC COM STK CL B 08986R309 154,111 1,255,998 SH   DFND 1,2 0 0 1,255,998
COCA COLA CO COM 191216100 1 20 SH   DFND 1,2 20 0 0
COCA COLA CO COM 191216100 6 100 SH   DFND 1,3 100 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 166,980 2,000,000 SH   DFND 1,3 2,000,000 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 137 1,672 SH   DFND 1,3 1,672 0 0
UNICO AMERN CORP COM 904607108 1,149 527,100 SH   DFND 1,2 527,100 0 0