Best Buy (BBY) GC Todd Hartman granted 15,924 RSUs, sells 5,339 shares for taxes

Rhea-AI Filing Summary

Best Buy Co., Inc. executive Todd G. Hartman, General Counsel and Chief Risk Officer, reported routine equity compensation activity in company common stock. He received a grant of 15,924 restricted shares that, according to the disclosure, will vest in three equal annual installments beginning one year from the grant date.

In a related transaction, 5,339 shares were sold to cover tax withholding obligations upon the vesting of restricted shares, and the filing states this was not a discretionary transaction. After these updates, Hartman holds 44,097.9498 shares directly, plus additional indirect holdings through a 401(k) plan and a revocable trust.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hartman Todd G.

(Last) (First) (Middle)

7601 PENN AVENUE S.

(Street)

RICHFIELD MINNESOTA 55423

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BEST BUY CO INC [ BBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	GC, Chief Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		A		15,924(1)	A	$0.0000	49,436.9498(2)	D
Common Stock	03/23/2026		S		5,339(3)	D	$64.019	44,097.9498	D
Common Stock								291.8453(4)	I	401(k)
Common Stock								10,900	I	Trustee for Revocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted shares that will vest in three equal annual installments beginning one year from the grant date.

2. This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).

3. Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.

4. This number reflects a periodic adjustment of shares under the employee retirement savings account (401(k)) exempt from reporting under Rule 16b-3(c). Total is based on a plan statement as of March 23, 2026.

	/s/ Jodie H. Crist, Attorney-in-fact	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Best Buy (BBY) executive Todd G. Hartman report?

Todd G. Hartman reported receiving 15,924 restricted shares of Best Buy common stock and a sale of 5,339 shares to cover tax withholding upon vesting. The sale is described as non-discretionary and tied to tax obligations, not an open-market trading decision.

How many Best Buy (BBY) shares does Todd G. Hartman hold after these Form 4 transactions?

After the reported transactions, Todd G. Hartman holds 44,097.9498 Best Buy common shares directly. He also has indirect holdings of 291.8453 shares in a 401(k) plan and 10,900 shares as trustee for a revocable trust, according to the disclosure.

Were Todd G. Hartman’s Best Buy (BBY) share sales discretionary trades?

The filing states the 5,339 shares sold were used to cover tax withholding obligations upon the vesting of restricted shares and “do not represent a discretionary transaction.” This characterizes the sale as a mechanical tax-related event rather than an elective open-market trade.

How do Hartman’s new restricted Best Buy (BBY) shares vest over time?

The 15,924 restricted Best Buy shares granted to Todd G. Hartman will vest in three equal annual installments, beginning one year from the grant date. This structure ties the award to continued service over multiple years, as described in the disclosure footnote.

What indirect Best Buy (BBY) holdings does Todd G. Hartman report on this Form 4?

Todd G. Hartman reports indirect ownership of 291.8453 Best Buy shares in a 401(k) plan and 10,900 shares as trustee for a revocable trust. The 401(k) balance reflects periodic adjustments and is based on a plan statement as of March 23, 2026.