BBY Form 144 discloses 62,834-share sale via Piper Sandler

Rhea-AI Filing Summary

Best Buy (BBY) — Form 144 notice of proposed sale. A selling holder affiliated with the Richard M. Schulze Revocable Trust filed to sell up to 62,834 shares of Best Buy common stock through Piper Sandler & Co., with an aggregate market value of $5,286,852. The filing lists the approximate date of sale as 10/29/2025 on the NYSE. The shares were originally acquired as founder shares on 04/18/1985.

The notice also lists recent sales by the same selling holder, including 500,000 shares on 10/20/2025 for $40,416,500.00 and 325,836 shares on 10/21/2025 for $26,832,692.35, along with additional transactions on 10/27/2025 and 10/28/2025. This is a disclosure of planned and recent sales by an existing holder; Best Buy does not issue new shares in this process.

Insights

Equity capital markets analyst

Administrative disclosure of a shareholder's planned sale; neutral impact.

This Form 144 indicates an intent to sell up to 62,834 BBY shares via Piper Sandler, with an aggregate market value of $5,286,852 and an approximate sale date of 10/29/2025 on the NYSE. The shares trace back to founder shares acquired on 04/18/1985.

The filing also lists recent sales by the same holder on 10/20/2025 and 10/21/2025 with disclosed gross proceeds. Such notices inform potential secondary-market activity by an existing holder; cash flows accrue to the seller, not the issuer.

Actual market effect depends on execution and trading conditions at the time of sale. Subsequent disclosures may detail completed volumes and prices.

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	62834	5286852.00	210101265	10/29/2025	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	Founders Shares	Issuer			62834	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 Trust C/O Best Buy Inc 7601 Penn Ave S Richfield MN 55423	Common Stock	10/20/2025	500000	40416500.00
Richard M Schulze Revocable Trust C/O Best Buy Inc 7601 Penn Ave S Richfield MN 55423	Common Stock	10/21/2025	325836	26832692.35
Richard M Schulze Revocable Trust C/O Best Buy Inc 7601 Penn Ave s Richfield MN 55401	Common Stock	10/27/2025	374164	31143615.37
Richard M Schulze Revocable Trust C/O Best Buy Inc 7601 Penn Ave S Richfield MN 55401	Common Stock	10/27/2025	104313	8814990.93
Richard M Schulze Revocable Trust C/O Best Buy Inc 7601 Penn Ave S Richfield MN 55401	Common Stock	10/28/2025	93293	7844028.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)

FAQ

What does Best Buy (BBY)'s Form 144 disclose?

It discloses a proposed sale of up to 62,834 shares of Best Buy common stock with an aggregate market value of $5,286,852.

Who is the selling holder in BBY's Form 144?

The sales are for the account of the Richard M. Schulze Revocable Trust.

When and where are the BBY shares expected to be sold?

The filing lists an approximate sale date of 10/29/2025 on the NYSE.

Which broker is named for the BBY share sale?

The broker listed is Piper Sandler & Co. at its Minneapolis address.

What prior sales are disclosed in the past 3 months for BBY?

Listed transactions include 500,000 shares on 10/20/2025 for $40,416,500.00 and 325,836 shares on 10/21/2025 for $26,832,692.35, among others.

How were the BBY shares originally acquired?

They were acquired as Founder Shares on 04/18/1985 from the issuer.