---
schema_version: "secwatch.filing_event.v1"
accession: "0001726173-25-000023"
form_type: "8-K"
ticker: "BH-A"
cik: "0001726173"
company_name: "Biglari Holdings Inc."
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:00:30.273549+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Biglari Holdings shareholders elect all directors, ratify Deloitte, approve say-on-pay every 3 years

## Summary
- All 5 director nominees elected: Sardar Biglari (168,388 for), Cooley, Cooper, Cardwell, Person.
- Deloitte & Touche ratified as auditor for 2025 with 197,431 for, 386 against.
- Non-binding advisory vote on executive compensation passed 189,048 to 525.
- Shareholders selected a triennial frequency for future advisory votes on executive compensation.
- Board set next say-on-pay vote in 3 years based on the advisory vote result.

## SEC filing metadata
- accession: 0001726173-25-000023
- form_type: 8-K
- ticker: BH-A
- cik: 0001726173
- company_name: Biglari Holdings Inc.
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1726173/000172617325000023/0001726173-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1726173/000172617325000023/bh-20250416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001726173-25-000023
- JSON: https://secwatch.observer/filing/0001726173-25-000023.json
- Plain text: https://secwatch.observer/filing/0001726173-25-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.