Best Buy (BBY) director David W. Kenny receives 4,330-share equity grant

Rhea-AI Filing Summary

Best Buy Co., Inc. director David W. Kenny reported an equity award of 4,330 shares of common stock. The shares were acquired pursuant to a grant of restricted stock units under Best Buy's Omnibus Incentive Plan and carry a stated price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.

The award vests in full one year from the grant date, so Kenny will receive the shares if the vesting conditions are met. Following this grant, his directly held common stock position reported in this filing increased to 56,520 shares. A separate footnote notes that his reported share count also reflects periodic acquisitions under a dividend reinvestment plan that is exempt from standard Section 16(b) reporting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KENNY DAVID W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,330	$0.00	--

Holdings After Transaction: Common Stock — 56,520 shares (Direct, null)

Footnotes (1)

1. Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan. The award vests in full one year from the grant date. This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).

Key Figures

RSU grant size: 4,330 shares Grant price per share: $0.00 per share Post-grant holdings: 56,520 shares +1 more

4 metrics

RSU grant size 4,330 shares Restricted stock unit grant of common stock

Grant price per share $0.00 per share Stated transaction price for RSU award

Post-grant holdings 56,520 shares Total common shares held directly after transaction

Vesting period 1 year Award vests in full one year from grant date

Key Terms

restricted stock units, Omnibus Incentive Plan, dividend reinvestment plan, Section 16b-3(c)

4 terms

restricted stock units financial

"Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Omnibus Incentive Plan financial

"Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan."

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

dividend reinvestment plan financial

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

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

Section 16b-3(c) regulatory

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

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

KENNY DAVID W

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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	06/12/2026		A		4,330(1)	A	$0.0000	56,520(2)	D

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. Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan. The award vests in full 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).

	/s/ Jodie H. Crist, Attorney-in-fact	06/16/2026
	** 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 did Best Buy (BBY) director David W. Kenny report in this Form 4?

David W. Kenny reported receiving 4,330 shares of Best Buy common stock as a restricted stock unit grant. The award was made under the company’s Omnibus Incentive Plan and represents equity compensation rather than an open-market stock purchase.

How many Best Buy (BBY) shares does David W. Kenny hold after this grant?

After the reported grant, David W. Kenny holds 56,520 shares of Best Buy common stock directly. This figure includes the newly awarded shares and reflects his updated beneficial ownership position reported in the Form 4 filing.

What are the vesting terms of David W. Kenny’s new Best Buy (BBY) equity award?

The restricted stock unit award to David W. Kenny vests in full one year from the grant date. He will receive the underlying Best Buy common shares at that time, assuming the vesting conditions specified in the Omnibus Incentive Plan are satisfied.

Was David W. Kenny’s Best Buy (BBY) Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a grant of 4,330 restricted stock units at a stated price of $0.00 per share. This indicates a compensation-related equity award, not an open-market purchase of Best Buy stock by David W. Kenny.

What does the dividend reinvestment plan footnote mean in Best Buy (BBY) director Kenny’s filing?

A footnote explains that his reported share number reflects periodic acquisitions under a dividend reinvestment plan. These reinvested dividends are exempt from reporting under Section 16b-3(c), which helps explain incremental changes in his share balance over time.