BBY chair emeritus reports sales; weighted avg price $80.5572
Rhea-AI Filing Summary
Best Buy Co., Inc. (BBY) reported a Form 4 by the reporting person serving as Chairman Emeritus, disclosing open‑market sales executed under a Rule 10b5‑1 trading plan established on April 7, 2025. On 10/20/2025, sales included 200,000 shares at a weighted average price of $80.5572 and 300,000 shares at $81.0168. On 10/21/2025, sales included 26,200 shares at $83.00 and 299,636 shares at $82.2936.
Following these transactions, the filing lists 12,161,068 shares beneficially owned indirectly as Trustee for a Revocable Trust, plus other indirect holdings, including 72,150.515 shares in a 401(k) as of October 14, 2025, 2,061 in an IRA, 702,903 as sole general partner of limited partnership B, 1,153,938 in a Spousal GRAT, 436 held by a spouse, and 172,831 in a Spouse Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,200 | $83.00 | $2.17M |
| Sale | Common Stock | 299,636 | $82.2936 | $24.66M |
| Sale | Common Stock | 200,000 | $80.5572 | $16.11M |
| Sale | Common Stock | 300,000 | $81.0168 | $24.31M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on April 7, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.99, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 to $81.10, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.00 to $82.99, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. 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 October 14, 2025.
