BBY affiliate files Form 144 to sell 193,896 shares

BBY affiliate reports proposed sale of Common Stock.

Rhea-AI Filing Summary

BBY affiliate reports proposed sale of Common Stock. The filing lists 193,896 shares associated with Piper Sandler & Co. and shows prior sales in the past three months: 5,100 shares on 06/16/2026, 76,299 shares on 06/15/2026, and 500,350 shares on 05/29/2026.

Insights

Securities Counsel

Notice of proposed resale by an affiliate; past sales disclosed.

The Form 144 entry lists a proposed sale quantity of 193,896 shares with Piper Sandler & Co. named as the broker-dealer. The record also discloses three sales totaling individual line items on specific dates in May and June 2026.

These are disclosure items required for resale under federal securities rules; timing, final execution, and cash‑flow treatment are not stated in the excerpt.

Key Figures

Proposed resale: 193,896 shares Sale on 05/29/2026: 500,350 shares Sale on 06/15/2026: 76,299 shares +2 more

5 metrics

Proposed resale 193,896 shares Listed with Piper Sandler & Co.

Sale on 05/29/2026 500,350 shares Past three months sales by RICHARD M SCHULZE REVOCABLE

Sale on 06/15/2026 76,299 shares Past three months sales by RICHARD M SCHULZE REVOCABLE

Sale on 06/16/2026 5,100 shares Past three months sales by RICHARD M SCHULZE REVOCABLE

Reported amounts adjacent to sales $397,593.92; $5,965,566.14; $38,064,542.53 Numeric values shown next to each past-sale row

Key Terms

Form 144, Founder Shares, Issuer

3 terms

Form 144 regulatory

"Filing lists proposed sale quantities and recent dispositions"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Founder Shares financial

"Securities described as 'Founder Shares' in the securities to be sold section"

Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.

Issuer regulatory

"Line item shows 'Issuer' as role for certain securities"

FAQ

What does BBY's Form 144 disclose about the proposed sale?

The Form 144 lists a proposed resale of 193,896 shares associated with Piper Sandler & Co. It also reports three prior sales: 500,350 on 05/29/2026, 76,299 on 06/15/2026, and 5,100 on 06/16/2026. The filing records broker details and dates.

Who is the selling party named in the BBY Form 144 excerpt?

The excerpt identifies transactions by RICHARD M SCHULZE REVOCABLE with an address in Richfield, MN. The filing lists that entity in connection with the three past sales dated 05/29/2026, 06/15/2026, and 06/16/2026.

Does the Form 144 show proceeds or sale prices for the proposed resale?

The excerpt includes numeric values adjacent to some rows (e.g., 397,593.92, 5,965,566.14, 38,064,542.53), but it does not explicitly label aggregate proceeds or net proceeds for the proposed 193,896 shares. The filing text does not state buyer or final cash treatment in the provided lines.

Are the past sales in the excerpt part of the three‑month reporting requirement?

Yes. The filing shows three discrete sales dated within the prior three months: 500,350 shares on 05/29/2026, 76,299 shares on 06/15/2026, and 5,100 shares on 06/16/2026. These entries fulfill the reporting of recent affiliate dispositions in the excerpt.

Does the Form 144 indicate who will execute the proposed sale?

The excerpt names Piper Sandler & Co. alongside the line for the 193,896 shares, indicating the broker-dealer listed for the proposed transaction. The specific execution method or timing is not disclosed in the provided excerpt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/25/2026 - 05:33 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001006394
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	BEST BUY CO INC
SEC File Number	001-09595
Address of Issuer	7601 PENN AVE SOUTH RICHFIELD MINNESOTA 55423
Phone	6122911000
Name of Person for Whose Account the Securities are To Be Sold	SCHULZE RICHARD M
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Piper Sandler & CO 350 North 5th Steet Minneapolis MN 55401	193896	14908663.44	210776126	06/25/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/18/1985	Founder Shares	Issuer			193896	04/18/1985	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RICHARD M SCHULZE REVOCABLE 7601 PENN AVE SOUTH Richfield MN 55423	Common	06/16/2026	5100	397593.92
RICHARD M SCHULZE REVOCABLE 7601 PENN AVE SOUTH Richfield MN 55423	Common	06/15/2026	76299	5965566.14
RICHARD M SCHULZE REVOCABLE 7601 PENN AVE SOUTH Richfield MN 55423	Common	05/29/2026	500350	38064542.53

144: Remarks and Signature

Remarks
Date of Notice	06/25/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Will Britton, as a duly authorized representative of Piper Sandler & Co Corporate & Venture Services FA, as attorney-in-fact Richard M Schulze Rev Tr
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)