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Best Buy Inc. insider sale notice: A Form 144 filing reports multiple proposed dispositions of Common Stock by the Richard M. Schulze Revocable Trust. The filing lists specific sales on 05/29/2026, 06/15/2026, 06/16/2026, and 06/25/2026 with aggregate proceeds and share counts shown per transaction.
BBY affiliate reports proposed sale of Common Stock. The filing lists 193,896 shares associated with Piper Sandler & Co. and shows prior sales in the past three months: 5,100 shares on 06/16/2026, 76,299 shares on 06/15/2026, and 500,350 shares on 05/29/2026.
Best Buy Co., Inc. announced a planned chief financial officer transition. Matt Bilunas, Senior Executive Vice President, Chief Financial Officer and Enterprise Strategy, will depart the company effective July 31, 2026 after 20 years with Best Buy and seven years as CFO.
The company has engaged an external search firm and expects to appoint a successor with prior CFO experience to partner with incoming CEO Jason Bonfig, who is slated to become CEO on November 1, 2026. Current CEO Corie Barry, a former CFO, may provide financial oversight during the transition.
Best Buy highlights Bilunas’s role in navigating challenging environments and shaping strategy, noting his responsibilities spanned finance, enterprise strategy, procurement, financial services, real estate and omnichannel operations. As context, Best Buy generated $41.7 billion of revenue in fiscal 2026, operates more than 1,000 North American stores, and employs over 80,000 people.
Best Buy chairman emeritus Richard M. Schulze, through a revocable trust, sold a total of 81,399 shares of Best Buy common stock in open-market transactions. The sales were executed at weighted average prices of $78.2283 and $78.0012 per share, with individual trades occurring within disclosed price ranges around these averages.
After these transactions, the revocable trust still holds 10,849,537 Best Buy shares indirectly for Schulze. Additional Form 4 entries list other indirect holdings, including spouse-related trusts, a GRAT, a limited partnership interest, an IRA, and a 401(k), indicating that his overall indirect ownership remains substantial following these routine sales.
Best Buy Co., Inc. reported voting results from its Regular Meeting of Shareholders held on June 12, 2026. Shareholders of record on April 13, 2026, representing 192,047,934 of 210,695,187 common shares, were present in person or by proxy, establishing a quorum.
All 13 director nominees, including CEO Corie S. Barry, were elected for one-year terms, each receiving substantially more votes "for" than "against." Shareholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending January 30, 2027.
In an advisory, non-binding vote, shareholders approved the company’s executive compensation program. A shareholder proposal titled “Report on Risks of Non-Fiduciary Executive Compensation Metrics” was rejected, while another proposal, “Sustainability ROI Report,” was not voted upon because the proponent or a representative did not appear to present it.
Best Buy director Melinda D. Whittington received a grant of 2,611 shares of Best Buy common stock as a compensation award. The shares were issued as restricted stock units under the company’s Omnibus Incentive Plan and will vest in full one year from the grant date.
After this award, Whittington directly holds 11,918 shares of Best Buy common stock. This is a non-market, compensation-related acquisition rather than an open-market purchase.
Best Buy Co., Inc. director Sima Sistani reported a stock award from the company. She acquired 2,611 shares of common stock at a stated price of $0.00 per share, reflecting a grant or award rather than a market purchase.
According to the footnotes, the shares were issued pursuant to a grant of restricted stock units under Best Buy's Omnibus Incentive Plan and will vest in full one year from the grant date. Following this award, Sistani directly holds 11,918 shares of Best Buy common stock.
BEST BUY CO INC director Steven E. Rendle received a grant of 2,611 shares of common stock as a restricted stock unit award. The grant was made at no cash cost to him under the company’s Omnibus Incentive Plan and will vest in full one year from the grant date.
After this award, Rendle directly holds 17,104 shares of Best Buy common stock. Footnote disclosure also indicates his holdings reflect periodic share acquisitions through a dividend reinvestment plan.
BEST BUY CO INC director Richelle P. Parham reported an equity award of 2,611 shares of Common Stock. The shares were acquired as a grant of restricted stock units under the company’s Omnibus Incentive Plan at a stated price of $0.00 per share.
The award vests in full one year from the grant date. Following this grant and periodic acquisitions under a dividend reinvestment plan, Parham’s direct holdings total 27,373 shares of Best Buy common stock.
Munce Claudia F. reported acquisition or exercise transactions in this Form 4 filing.
Best Buy Co., Inc. director Claudia F. Munce received an equity grant tied to her board service. She was awarded 2,611 shares of common stock at no cost, pursuant to a grant of restricted stock units under the company’s Omnibus Incentive Plan. The award vests in full one year from the grant date. After this grant, she directly holds 38,684 shares of Best Buy common stock.