Best Buy officer plans $10.7M stock sale

Fidelity Brokerage Services LLC is identified as broker, while the share lots include a stock-option exercise and earlier vesting or compensation entries.

Available on EDGAR 09/23/2026 - 02:27 PM EDT Accepted by SEC EDGAR 09/23/2026 - 02:26 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Best Buy Co Inc (BBY) officer Kathleen M. Scarlett listed 116,062 common shares for sale, with an approximate sale date of September 23, 2026. The listed aggregate market value is $10,695,356.53; Fidelity Brokerage Services LLC is named as broker, and NYSE as the exchange. The share lots include 96,166 attributed to a stock-option exercise and earlier restricted-stock vesting or compensation entries.

Key Figures

Shares listed for sale: 116,062 common shares Aggregate market value: $10,695,356.53 Shares outstanding: 209,727,698 shares +2 more

5 metrics

Shares listed for sale 116,062 common shares Approximate sale date September 23, 2026

Aggregate market value $10,695,356.53 For the common shares listed for sale

Shares outstanding 209,727,698 shares Reported for Best Buy Co Inc

Shares from stock-option exercise 96,166 shares Acquisition dated September 23, 2026

Shares from restricted-stock vesting 10,090 shares Acquisition dated March 22, 2022

Key Terms

Rule 144, Stock Option Exercise, Restricted Stock Vesting

3 terms

Rule 144 regulatory

"the definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"09/23/2026 | Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Restricted Stock Vesting financial

"03/22/2022 | Restricted Stock Vesting"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many BBY shares did Kathleen M. Scarlett list for sale?

Kathleen M. Scarlett, identified as a Best Buy officer, listed 116,062 common shares for sale.

What is the reported market value of the BBY shares?

The listed aggregate market value is $10,695,356.53 for the 116,062 common shares. Fidelity Brokerage Services LLC is named as broker.

When and where is the proposed BBY sale listed?

The approximate sale date is September 23, 2026, and NYSE is listed as the exchange.

What is the source of the BBY shares listed for sale?

The securities entries include 96,166 shares from a stock-option exercise dated September 23, 2026, along with shares from restricted-stock vesting and compensation entries.

How many Best Buy shares outstanding are reported?

The reported number of Best Buy shares outstanding is 209,727,698.

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

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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	0001707469
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	Scarlett Kathleen
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	Officer

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	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	116062	10695356.53	209727698	09/23/2026	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	09/23/2026	Stock Option Exercise	Issuer			96166	09/23/2026	Cash
Common	03/22/2022	Restricted Stock Vesting	Issuer			10090	03/22/2022	Compensation
Common	06/02/2021	Restricted Stock Vesting	Issuer			101	06/02/2021	Compensation
Common	04/08/2021	Restricted Stock Vesting	Issuer			12	04/08/2021	Compensation
Common	03/20/2021	Restricted Stock Vesting	Issuer			1231	03/20/2021	Compensation
Common	03/12/2021	Restricted Stock Vesting	Issuer			1169	03/12/2021	Compensation
Common	05/20/2020	Restricted Stock Vesting	Issuer			5192	05/20/2020	Compensation
Common	04/09/2020	Restricted Stock Vesting	Issuer			8	04/09/2020	Compensation
Common	03/20/2020	Restricted Stock Vesting	Issuer			946	03/20/2020	Compensation
Common	03/12/2020	Restricted Stock Vesting	Issuer			1147	03/12/2020	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/23/2026
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	/s/ Gary Redman, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Kathleen M. Scarlett
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)