# EDGAR Filing Document

**Accession Number:** 0000899037
**File Stem:** 0001193125-25-311131
**Filing Date:** 2025-12
**Character Count:** 14292
**Document Hash:** 575c59ba70e0caa14dff73074ff1b748
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-311131.hdr.sgml**: 20251208

**ACCESSION NUMBER**: 0001193125-25-311131

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251204

**FILED AS OF DATE**: 20251208

**DATE AS OF CHANGE**: 20251208

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BAY RESOURCE PARTNERS LP
- **CENTRAL INDEX KEY:** 0000899037

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-25225
- **FILM NUMBER:** 251555911

**BUSINESS ADDRESS:**
- **STREET 1:** 2300 WINDY RIDGE PARKWAY
- **STREET 2:** SUITE 550 SOUTH
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
- **BUSINESS PHONE:** (770) 989-8261

**MAIL ADDRESS:**
- **STREET 1:** 2300 WINDY RIDGE PARKWAY
- **STREET 2:** SUITE 550 SOUTH
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** CLAUGUS THOMAS E
- **CENTRAL INDEX KEY:** 0001075617

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-25225
- **FILM NUMBER:** 251555908

**MAIL ADDRESS:**
- **STREET 1:** GMT CAPITAL CORP
- **STREET 2:** 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BAY RESOURCE PARTNERS OFFSHORE MASTER FUND, L.P.
- **CENTRAL INDEX KEY:** 0001733113

**ORGANIZATION NAME:**
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-25225
- **FILM NUMBER:** 251555909

**BUSINESS ADDRESS:**
- **STREET 1:** MAPLES CORPORATE SERVICES
- **STREET 2:** PO BOX 309, UGLAND HOUSE
- **CITY:** GRAND CAYMAN
- **STATE:** E9
- **ZIP:** KY1-1104
- **BUSINESS PHONE:** 7709898263

**MAIL ADDRESS:**
- **STREET 1:** 2300 WINDY RIDGE PARKWAY
- **STREET 2:** SUITE 550 SOUTH
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** GMT CAPITAL CORP
- **CENTRAL INDEX KEY:** 0001106191

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** GA

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-25225
- **FILM NUMBER:** 251555912

**BUSINESS ADDRESS:**
- **STREET 1:** 2859 PACES FERRY ROAD SE
- **STREET 2:** SUITE 1710
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
- **BUSINESS PHONE:** 7709898250

**MAIL ADDRESS:**
- **STREET 1:** 2859 PACES FERRY ROAD SE
- **STREET 2:** SUITE 1710
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** BAY II RESOURCE PARTNERS LP
- **CENTRAL INDEX KEY:** 0001161416

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-25225
- **FILM NUMBER:** 251555910

**BUSINESS ADDRESS:**
- **STREET 1:** 2300 WINDY RIDGE PARKWAY
- **STREET 2:** SUITE 550 SOUTH
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
- **BUSINESS PHONE:** (770) 989-8250

**MAIL ADDRESS:**
- **STREET 1:** 2300 WINDY RIDGE PARKWAY
- **STREET 2:** SUITE 550 SOUTH
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30339
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CRACKER BARREL OLD COUNTRY STORE, INC
- **CENTRAL INDEX KEY:** 0001067294
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 620812904
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 0731

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 787
- **CITY:** LEBANON
- **STATE:** TN
- **ZIP:** 370880787
- **BUSINESS PHONE:** 6154439217

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 787
- **CITY:** LEBANON
- **STATE:** TN
- **ZIP:** 37087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CBRL GROUP INC
- **DATE OF NAME CHANGE:** 19980730

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>GMT CAPITAL CORP<br><sub>(Last) (First) (Middle)</sub><br>2859 PACES FERRY ROAD SE<br>SUITE 1710<br><sub>(Street)</sub><br>ATLANTA, GA 30339<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BAY RESOURCE PARTNERS LP<br><sub>(Last) (First) (Middle)</sub><br>2859 PACES FERRY ROAD SE<br>SUITE 1710<br><sub>(Street)</sub><br>ATLANTA, GA 30339<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BAY II RESOURCE PARTNERS LP<br><sub>(Last) (First) (Middle)</sub><br>2859 PACES FERRY ROAD SE<br>SUITE 1710<br><sub>(Street)</sub><br>ATLANTA, GA 30339<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>BAY RESOURCE PARTNERS OFFSHORE MASTER FUND, L.P.<br><sub>(Last) (First) (Middle)</sub><br>2859 PACES FERRY ROAD SE<br>SUITE 1710<br><sub>(Street)</sub><br>ATLANTA, GA 30339<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>CLAUGUS THOMAS E<br><sub>(Last) (First) (Middle)</sub><br>2859 PACES FERRY ROAD SE<br>SUITE 1710<br><sub>(Street)</sub><br>ATLANTA, GA 30339<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-04 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock<sup>(1)(2)(3)</sup> | 2025-12-04 |  | S |  | 42400 | D | $28.33 | 2664200 | D |  |
| Common Stock<sup>(1)(2)(4)</sup> | 2025-12-05 |  | S |  | 42400 | D | $27.73 | 2621800 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) 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.

(2) 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.

(3) The aggregate number of shares of common stock sold on December 4, 2025, was 42,400 shares, at a price of $28.33 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 2,664,200. 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 751,400 shares; Bay II = 7,800 shares sold resulting in ownership of 488,000 shares; Bay Offshore = 20,300 shares sold resulting in ownership of 1,275,600 shares; Claugus = 2,400 shares sold resulting in ownership of 149,200 shares.

(4) The aggregate number of shares of common stock sold on December 5, 2025, was 42,400 shares, at a price of $27.73 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 2,621,800. 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 739,500 shares; Bay II = 7,800 shares sold resulting in ownership of 480,200 shares; Bay Offshore = 20,300 shares sold resulting in ownership of 1,255,300 shares; Claugus = 2,400 shares sold resulting in ownership of 146,800 shares.

**Signature:** Omar Z. Idilby  
**Date:** 2025-12-08

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**