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
BERKSHIRE HATHAWAY INC DEL CL A 084670108 637 2 SH   DFND 1,2 2 0 0
BIGLARI HLDGS INC COM STK CL B 08986R309 5,239 50,442 SH   DFND 1 0 0 50,442
BIGLARI HLDGS INC COM STK CL B 08986R309 37,984 365,726 SH   DFND 1,2 0 0 365,726
BIGLARI HLDGS INC COM STK CL B 08986R309 75,425 726,218 SH   DFND 1,3 0 0 726,218
BIGLARI HLDGS INC COM STK CL A 08986R408 7,147 13,472 SH   DFND 1 13,472 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 19,402 36,572 SH   DFND 1,2 36,572 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 38,527 72,621 SH   DFND 1,3 72,621 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 509,862 2,986,365 SH   DFND 1,3 2,986,365 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 1,862 58,177 SH   DFND 1,2 58,177 0 0
ELECTRONIC ARTS INC COM 285512109 213 2,100 SH   DFND 1,2 2,100 0 0
INVESTORS TITLE CO COM 461804106 503 3,012 SH   DFND 1,2 3,012 0 0
SEMGROUP CORP CL A 81663A105 1,212 101,000 SH   DFND 1,2 101,000 0 0
UNICO AMERN CORP COM 904607108 3,242 527,100 SH   DFND 1,2 527,100 0 0
BAUSCH HEALTH COS INC COM 071734107 9,962 395,000 SH   DFND 1,2 395,000 0 0