Best Buy (BBY) director reports 2,007-share restricted stock grant on Form 4

Rhea-AI Filing Summary

Best Buy Co., Inc. director reports equity grant under incentive plan

A Best Buy Co., Inc. director filed a Form 4 reporting the receipt of 2,007 shares of common stock on 12/04/2025. The shares were acquired at a price of $0.0000 per share pursuant to a grant of restricted stock units under the company’s Omnibus Incentive Plan. According to the filing, this award vests in full one year from the grant date, meaning the director must remain in service for that period to fully earn the shares.

Following this transaction, the director beneficially owns 2,008 shares of Best Buy common stock in direct ownership. This filing reflects a routine equity-based compensation grant for a board member rather than an open-market purchase or sale.

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^*

FRANK MEGHAN

(Last) (First) (Middle)

7601 PENN AVENUE S.

(Street)

RICHFIELD MN 55423

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025

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

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

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

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	12/04/2025		A		2,007(1)	A	$0.0000	2,008	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.

	/s/ Jodie H. Crist, Attorney-in-fact	12/08/2025
	** 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.

FAQ

What insider transaction did Best Buy (BBY) disclose in this Form 4?

The Form 4 discloses that a Best Buy Co., Inc. director received 2,007 shares of common stock on 12/04/2025 through a restricted stock unit grant under the company’s Omnibus Incentive Plan.

At what price were the Best Buy (BBY) shares acquired by the director?

The director acquired the 2,007 shares of Best Buy common stock at a stated price of $0.0000 per share, reflecting an equity compensation grant rather than a cash purchase.

When do the restricted stock units granted by Best Buy (BBY) vest?

The filing states that the restricted stock unit award vests in full one year from the grant date, so the director must satisfy that one-year service requirement for full vesting.

How many Best Buy (BBY) shares does the director own after this transaction?

After the reported grant, the director beneficially owns 2,008 shares of Best Buy Co., Inc. common stock in direct ownership.

Is the Best Buy (BBY) Form 4 transaction an open-market trade?

No. The Form 4 explains that the shares were acquired pursuant to a grant of restricted stock units under Best Buy’s Omnibus Incentive Plan, rather than through an open-market purchase or sale.

What is the relationship of the reporting person to Best Buy (BBY)?

The reporting person is identified in the Form 4 as a director of Best Buy Co., Inc., and the filing is made as a Form filed by one reporting person.