Best Buy director granted 2,611 RSUs
Best Buy Co., Inc. director Meghan Frank reported acquiring 2,611 shares of common stock as a grant of restricted stock units under the company’s Omnibus Incentive Plan.
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Form Type
4
Rhea-AI Filing Summary
Best Buy Co., Inc. director Meghan Frank reported acquiring 2,611 shares of common stock as a grant of restricted stock units under the company’s Omnibus Incentive Plan. The award vests in full one year from the grant date, bringing her direct holdings to 4,678 shares.
Insider Trade Summary
Grant/Award: 2,611 shares
Grant/Award
1 txn
Insider
FRANK MEGHAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,611 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 4,678 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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: 2,611 shares
Post-transaction holdings: 4,678 shares
Grant price per share: $0.0000
3 metrics
RSU grant size
2,611 shares
Restricted stock units granted on June 12, 2026
Post-transaction holdings
4,678 shares
Director’s direct ownership after grant
Grant price per share
$0.0000
Equity compensation, no cash paid by director
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
"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
"periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c)."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Best Buy (BBY) director Meghan Frank report in this Form 4 filing?
Meghan Frank reported acquiring 2,611 shares of Best Buy common stock. The shares were received as a grant of restricted stock units under the company’s Omnibus Incentive Plan and are structured as equity compensation, not an open-market purchase or sale.
What are the vesting terms of Meghan Frank’s Best Buy restricted stock unit grant?
The restricted stock unit grant to Meghan Frank vests in full one year from the grant date. Until vesting, the award is subject to the plan’s conditions, after which the units convert into shares of Best Buy common stock she can fully own.
Under which plan were Meghan Frank’s Best Buy (BBY) restricted stock units granted?
The restricted stock units granted to Meghan Frank were issued under Best Buy’s Omnibus Incentive Plan. This plan is used to provide equity-based compensation awards to eligible participants, aligning their interests with the company’s long-term performance and shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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