Best Buy Inc SEC Filings

Best Buy Co., Inc. (BBY) reported a Form 4 by the reporting person serving as Chairman Emeritus, disclosing open‑market sales executed under a Rule 10b5‑1 trading plan established on April 7, 2025. On 10/20/2025, sales included 200,000 shares at a weighted average price of $80.5572 and 300,000 shares at $81.0168. On 10/21/2025, sales included 26,200 shares at $83.00 and 299,636 shares at $82.2936.

Following these transactions, the filing lists 12,161,068 shares beneficially owned indirectly as Trustee for a Revocable Trust, plus other indirect holdings, including 72,150.515 shares in a 401(k) as of October 14, 2025, 2,061 in an IRA, 702,903 as sole general partner of limited partnership B, 1,153,938 in a Spousal GRAT, 436 held by a spouse, and 172,831 in a Spouse Irrevocable Trust.

Best Buy (BBY): Form 144 filed for a proposed insider sale. A selling security holder filed a notice to sell up to 325,836 shares of Best Buy common stock through Piper Sandler & Co., reflecting an aggregate market value of $26,395,974.40. The approximate sale date is 10/21/2025 on the NYSE.

The shares were identified as founder shares acquired on 04/18/1985. As context, shares outstanding were 210,101,265. In the past three months, the Richard M Schulze Revocable Trust sold 500,000 shares on 10/20/2025 for gross proceeds of $40,416,500.

Best Buy Co., Inc. reported a Form 144 notice for a proposed sale of 33,669 shares of common stock via Goldman Sachs & Co. LLC, with an aggregate market value of $2,497,903.11. The filing shows the shares were awarded as restricted stock units across multiple grant dates between 2018 and 2025. The sale is listed for 09/25/2025 on the NYSE against an outstanding share count of 210,101,265, indicating the proposed sale represents a very small fraction of the company's total shares.

Frank Meghan filed an SEC Form 3 disclosing initial beneficial ownership in Best Buy Co., Inc. (BBY). The filing reports 1 share of Common Stock held directly. The event date triggering the report is 09/10/2025 and the form was executed by an attorney-in-fact on 09/19/2025. The filing marks Meghan's ownership disclosure in his capacity as a Director of the issuer. No derivative securities, amendments, or additional ownership details are reported in the form.

Best Buy Co., Inc. filed a Registration Statement on Form S-8 to register securities to be offered under the 2020 Omnibus Incentive Plan and the Sixth Amended and Restated Deferred Compensation Plan. The filing incorporates prior reports by reference and includes a power of attorney authorizing company officers to file amendments and related documents on behalf of the registrant. The document is procedural and establishes the legal framework to issue equity-based awards and deferred compensation to employees and service providers under the named plans.

Best Buy filed a Current Report on Form 8-K reporting the election of Meghan C. Frank as a director, effective September 10, 2025. Ms. Frank is the Chief Financial Officer of lululemon athletica inc., was named CFO in 2020, and previously held senior finance roles at Ross Stores and J.Crew. The Board appointed her to the Audit Committee and the Nominating, Corporate Governance and Public Policy Committee. Her Board pay will follow the company’s standard director compensation practices disclosed in the proxy for the 2025 meeting. The filing states there are no relationships or transactions reportable under Item 404 of Regulation S-K and that Ms. Frank is expected to stand for election at the 2026 Regular Meeting of Shareholders. A news release announcing the appointment was furnished as Exhibit 99.1 on September 12, 2025.

Best Buy (BBY) reported $9.4 billion in revenue in Q2 and $18.2 billion for the first six months of fiscal 2026, with comparable sales up 1.6% and 0.4%, respectively. Growth in computing, gaming and mobile phones drove results while home theater and appliances declined. The company commenced restructuring initiatives including optimization of Best Buy Health and labor/store actions, which increased restructuring charges and reduced operating income and diluted EPS. Cash tied to restricted accounts declined to $257 million. The company maintains a $1.25 billion five-year revolving credit facility and has $3.1 billion remaining under a $5.0 billion repurchase authorization.

Watson Mathew, SVP, Controller & CAO of Best Buy Co., Inc. (BBY), reported a sale of 2,018 shares of Best Buy common stock on 09/04/2025 at a price of $76.763 per share. After the transaction he beneficially owned 20,132 shares, held directly. The Form 4 was signed by an attorney-in-fact on 09/05/2025. The filing was made by one reporting person.

Form 144 filed for Best Buy Company, Inc. (BBY) reports a proposed sale of 2,018 shares of common stock through Fidelity Brokerage Services on the NYSE with an aggregate market value of $154,907.74. The filing shows the shares were acquired by restricted stock vesting on May 30, 2023 (571 shares) and March 20, 2024 (1,447 shares) as compensation. The filing identifies prior sales in the past three months by the same person: 3,715 shares sold on August 29, 2025 for $275,174.97. The filing includes the seller's name and address and a representation that the seller is not aware of undisclosed material adverse information about the issuer.