Gmt Capital Corp - Dec 2, 2025 Form 4 Insider Report for CRACKER BARREL OLD COUNTRY STORE, INC (CBRL)

Role
10%+ Owner
Signature
Omar Z. Idilby
Stock symbol
CBRL
Transactions as of
Dec 2, 2025
Transactions value $
-$3,596,945
Form type
4
Date filed
12/4/2025, 05:40 PM
Previous filing
May 8, 2025

Reporting Owners (5)

Name Relationship Address Signature Signature date CIK
GMT CAPITAL CORP 10%+ Owner 2859 PACES FERRY ROAD SE, SUITE 1710, ATLANTA Omar Z. Idilby 2025-12-04 0001106191
BAY RESOURCE PARTNERS LP 10%+ Owner 2859 PACES FERRY ROAD SE, SUITE 1710, ATLANTA Omar Z. Idilby 2025-12-04 0000899037
BAY II RESOURCE PARTNERS LP 10%+ Owner 2859 PACES FERRY ROAD SE, SUITE 1710, ATLANTA Omar Z. Idilby 2025-12-04 0001161416
BAY RESOURCE PARTNERS OFFSHORE MASTER FUND, L.P. 10%+ Owner 2859 PACES FERRY ROAD SE, SUITE 1710, ATLANTA Omar Z. Idilby 2025-12-04 0001733113
CLAUGUS THOMAS E 10%+ Owner 2859 PACES FERRY ROAD SE, SUITE 1710, ATLANTA Omar Z. Idilby 2025-12-04 0001075617

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBRL Common Stock Sale -$2.38M -84.7K -2.99% $28.15 2.75M Dec 2, 2025 Direct F1, F2, F3
transaction CBRL Common Stock Sale -$1.21M -42.4K -1.54% $28.60 2.71M Dec 3, 2025 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being jointly filed by Bay Resource Partners, L.P. (Bay), a Delaware limited partnership, Bay II Resource Partners, L.P. (Bay II), a Delaware limited partnership, Bay Resource Partners Offshore Master Fund, L.P. (Bay Offshore), an exempted limited partnership organized under the laws of the Cayman Islands, GMT Capital Corp., a Georgia corporation (GMT Capital), and Thomas E. Claugus (Claugus), a United States citizen. The foregoing persons are hereinafter sometimes collectively referred to as the Reporting Persons.
F2 GMT Capital is the general partner of Bay and Bay II and has the power to direct the affairs of Bay and Bay II, including voting and disposition of shares. As the discretionary investment manager of Bay Offshore, GMT Capital has power to direct voting and disposition of shares held by Bay Offshore. Claugus is the President of GMT Capital and in that capacity, directs the operations of each of Bay and Bay II and voting and disposition of shares held by Bay Offshore. GMT Capital and Claugus may be deemed to beneficially own indirect pecuniary interest as the result of performance-based fees and profit allocations. Each of GMT Capital and Claugus disclaims such beneficial ownership except to the extent ultimately realized.
F3 The aggregate number of shares of common stock sold on December 2, 2025, was 84,700 shares, at a price of $28.15 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 2,749,000. Such shares were sold, and thereafter beneficially owned by the Reporting Persons in the following amounts: Bay = 23,900 shares sold resulting in ownership of 775,200 shares; Bay II = 15,500 shares sold resulting in ownership of 503,600 shares; Bay Offshore = 40,600 shares sold resulting in ownership of 1,316,200 shares; Claugus = 4,700 shares sold resulting in ownership of 154,000 shares.
F4 The aggregate number of shares of common stock sold on December 3, 2025, was 42,400 shares, at a price of $28.60 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 2,706,600. Such shares were sold, and thereafter beneficially owned by the Reporting Persons in the following amounts: Bay = 11,900 shares sold resulting in ownership of 763,300 shares; Bay II = 7,800 shares sold resulting in ownership of 495,800 shares; Bay Offshore = 20,300 shares sold resulting in ownership of 1,295,900 shares; Claugus = 2,400 shares sold resulting in ownership of 151,600 shares.