BBY Form 144 Notifies $2.5M Insider Sale of 33,669 Shares
Rhea-AI Filing Summary
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.
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Insights
TL;DR Proposed sale is small relative to the company’s float and unlikely to move the stock materially.
The Form 144 notifies the market of an intended sale of 33,669 shares valued at about $2.5 million. Grants originated as restricted stock units across multiple years, indicating routine executive/employee compensation monetization rather than a corporate event. Versus 210.1 million shares outstanding, the position is immaterial (<0.02%), so market impact should be negligible absent other concurrent disclosures.
TL;DR This is a standard insider sale notice tied to vested compensation; no governance red flags in the filing itself.
The schedule lists multiple RSU grant dates and confirms sale through an institutional broker, consistent with typical insider liquidity. The signer represents no undisclosed material nonpublic information. There is no indication of unusual terms, extraordinary volumes, or clustered insider selling that would suggest governance concerns based solely on this filing.