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Best Buy CEO Jason J. Bonfig receives 9,312-share award

The restricted shares vest in three equal annual installments beginning one year from the grant date.

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Form Type
4

Rhea-AI Filing Summary

Best Buy Co Inc (BBY) CEO Jason J. Bonfig received an award of 9,312 restricted common shares on November 1, 2026, at $0 per share. The shares vest in three equal annual installments beginning one year from the grant date. His reported direct holdings after the transaction were 89,934 shares; the accompanying note describes this amount as reflecting a periodic acquisition under a dividend reinvestment plan. Separately, 4,343 shares were reported in his 401(k), based on a plan statement as of October 29, 2026, and 14,014 shares were held by his spouse, reported for the first time following his marriage.

Insider Bonfig Jason J
Role CEO
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 9,312 $0.00 $0.00
Holding Common Stock F3 -- -- --
Holding Common Stock F4 -- -- --
Holdings After Transaction: Common Stock — 89,934 shares (Direct); Common Stock — 4,342.5752 shares (Indirect, 401(k)); Common Stock — 14,014 shares (Indirect, By Spouse)
Holdings Before and After: Common Stock, 80,622 to 89,934 shares (Direct)
Footnotes (4)
  1. F1. Restricted shares that will vest in three equal annual installments beginning one year from the grant date.
  2. F2. This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).
  3. F3. 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 29, 2026.
  4. F4. These shares are held by the reporting person's spouse and are being reported for the first time as a result of the reporting person's marriage.
Restricted shares awarded 9,312 shares November 1, 2026
Award price per share $0 per share November 1, 2026
Direct shares following transaction 89,934 shares Reported after the November 1, 2026 transaction
401(k) shares 4,343 shares Based on a plan statement as of October 29, 2026
Shares held by spouse 14,014 shares Reported for the first time following the reporting person's marriage
Restricted shares financial
"Restricted shares that will vest in three equal annual installments"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
dividend reinvestment plan financial
"periodic acquisition of shares under a dividend reinvestment plan"
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.
Rule 16b-3(c) regulatory
"exempt from reporting under Section 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
employee retirement savings account (401(k)) financial
"employee retirement savings account (401(k))"

FAQ

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How many shares did BBY CEO Jason J. Bonfig receive?

Jason J. Bonfig, Best Buy Co Inc’s CEO, received an award of 9,312 restricted common shares on November 1, 2026, at $0 per share. The shares vest in three equal annual installments beginning one year from the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Bonfig Jason J

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock11/01/2026A9,312(1)A$0.000089,934(2)D
Common Stock4,342.5752(3)I401(k)
Common Stock14,014(4)IBy Spouse
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. 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 29, 2026.
4. These shares are held by the reporting person's spouse and are being reported for the first time as a result of the reporting person's marriage.
/s/ Jodie H. Crist, Attorney-in-fact11/03/2026
** Signature of Reporting PersonDate
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)

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