[144] Best Buy Company, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Best Buy Company, Inc. (BBY) records a proposed sale of 196,100 shares of Common Stock to be executed through Piper Sandler & Co. on 09/03/2025, with an aggregate market value of $14,601,606.00 based on the filing. The shares were acquired as Founders Shares from the issuer on 04/18/1985. The filing also discloses a prior sale by the same account: 200,000 shares sold on 06/09/2025 for gross proceeds of $14,590,520.00. The filer represents they are not aware of undisclosed material adverse information about the issuer. Other typical Form 144 fields (specific filer CIK, full issuer address and relationship details) are present as headers but not populated in the provided content.

Insights

Securities Analyst

TL;DR: Founder-related entity plans to sell ~196k Best Buy shares (~$14.6M), following a 200k-share sale in June.

The Form 144 documents a proposed Rule 144 sale of 196,100 Best Buy common shares with an indicated aggregate market value of $14,601,606, to be effected through Piper Sandler on 09/03/2025. The shares trace back to founders shares acquired 04/18/1985. The filing also reports a recent sale of 200,000 shares on 06/09/2025 generating $14,590,520 in gross proceeds. For investors, these are non-routine insider-related transactions that increase available float in the near term; the filing shows compliance with Rule 144 notification requirements but does not include any additional context about the seller’s relationship to the issuer or plans for further sales.

Corporate Governance Expert

TL;DR: Documented insider/entity disposition of founder shares; filing meets disclosure form requirements but lacks fuller contextual detail.

The notice identifies the securities as founders shares acquired from the issuer in 1985 and discloses both a prior sale in June and a proposed sale in September. This satisfies the procedural requirement to notify under Rule 144, and the signer affirms absence of undisclosed material adverse information. The filing does not provide information on the filer’s exact role or ongoing trading plans, limiting governance interpretation beyond confirming reported sales activity.

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	196100	14601606.00	211350000	09/03/2025	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			196100	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 Family Foundation C/O Best Buy Inc 7601 PENN AVE SOUTH RICHFIELD MN 55423	Common Stock	06/09/2025	200000	14590520.00

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)