Richard Schulze sells 500,350 shares of Best Buy (BBY) via Piper Sandler

Rhea-AI Filing Summary

Richard M. Schulze reported a proposed sale of Common Stock. The filing shows 500,350 shares associated with a 05/29/2026 transaction and a proceeds figure of $38,085,341.09. The filing references Piper Sandler & Co. and is recorded on 06/15/2026.

Insights

Capital Markets Attorney

Form 144 notice reports an affiliate sale with broker details and proceeds.

The filing lists a proposed or reported sale of 500,350 shares executed on 05/29/2026 with proceeds of $38,085,341.09. Piper Sandler & Co. is identified in the broker/placement fields and the filing date is 06/15/2026.

This filing is informational under the securities rules and does not itself confirm settlement mechanics or whether sale conditions were satisfied. Subsequent filings or trade records would show settlement and any change in beneficial ownership.

Key Figures

Shares sold in past 3 months: 500,350 shares Proceeds reported: $38,085,341.09 Form 144 record date: 06/15/2026 +1 more

4 metrics

Shares sold in past 3 months 500,350 shares listed under "Securities Sold During The Past 3 Months" with date <date>05/29/2026</date>

Proceeds reported $38,085,341.09 amount shown alongside the 500,350-share entry (sale dated <date>05/29/2026</date>)

Form 144 record date 06/15/2026 date appearing with securities information and exchange listing

Broker Piper Sandler & Co. listed in the filer/placement section for Common Stock

Key Terms

Form 144, Founder Shares, Issuer

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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

"Common Stock | 04/18/1985 | Founder Shares"

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

"Founder Shares | Issuer"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 06/15/2026 - 05:05 PM Accepted by SEC EDGAR 06/15/2026 - 05:04 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
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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 Stock	Piper Sandler & Co Inc 350 N 5th St Ste 1000 Minneapolis MN 55401	76299	5968741.06	210695187	06/15/2026	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 Stock	04/18/1985	Founder Shares	Issuer			76299	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 Schulze C/O Best Buy Inc 7601 PENN AVE SOUTH RICHFIELD MN 55423	Common Stock	05/29/2026	500350	38085341.09

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)