BBY (NYSE) affiliate proposes sale; prior disposals of 500,350 shares
Filing Impact
Filing Sentiment
Form Type
144
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.
Positive
- None.
Negative
- None.
Insights
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.
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.