Best Buy Co., Inc. filed a current report to announce that it has issued a news release detailing its results of operations for the third quarter ended November 1, 2025.
The company is holding an earnings conference call at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) on November 25, 2025, with a live webcast available through its investor relations website. The news release is furnished as Exhibit 99 to this report and is treated as furnished rather than filed under securities law unless later incorporated by reference.
Best Buy (BBY) insider activity: The Chairman Emeritus reported open‑market sales executed under a Rule 10b5-1 trading plan established on April 7, 2025. On 10/29/2025, the reporting person sold 62,834 shares at a weighted average price of $84.1412, leaving 11,526,464 shares held indirectly as trustee for a revocable trust. On 10/30/2025, an additional 74,553 shares were sold at a weighted average price of $84.3077, leaving 11,451,911 shares in that trust.
Other indirect holdings disclosed include 72,150.515 shares in a 401(k), 2,061 shares in an IRA, 702,903 shares via a limited partnership, 1,153,938 in a spousal GRAT, 436 held by spouse, and 172,831 in a spouse irrevocable trust.
Best Buy Co., Inc. (BBY) received a Form 144 notice for a proposed sale of 74,553 shares of common stock, with an aggregate market value of $6,285,391. The filing lists Piper Sandler & Co. as broker, an approximate sale date of 10/30/2025, and the NYSE as the exchange.
As context, 210,101,265 shares were outstanding. The notice also reports recent sales by the Richard M Schulze Revocable Trust, including 500,000 shares on 10/20/2025 for $40,416,500.00 and 325,836 shares on 10/21/2025 for $26,832,692.35, with additional transactions on 10/27/2025, 10/28/2025, and 10/29/2025.
Best Buy (BBY) — Form 144 notice of proposed sale. A selling holder affiliated with the Richard M. Schulze Revocable Trust filed to sell up to 62,834 shares of Best Buy common stock through Piper Sandler & Co., with an aggregate market value of $5,286,852. The filing lists the approximate date of sale as 10/29/2025 on the NYSE. The shares were originally acquired as founder shares on 04/18/1985.
The notice also lists recent sales by the same selling holder, including 500,000 shares on 10/20/2025 for $40,416,500.00 and 325,836 shares on 10/21/2025 for $26,832,692.35, along with additional transactions on 10/27/2025 and 10/28/2025. This is a disclosure of planned and recent sales by an existing holder; Best Buy does not issue new shares in this process.
Best Buy (BBY) insider (Chairman Emeritus) reported open-market sales of common stock on three dates pursuant to a Rule 10b5-1 trading plan established on April 7, 2025. The transactions were coded “S”.
On 10/24/2025, the reporting person sold 374,164 shares at a weighted average price of $83.2352 (range $83.00–$83.61). On 10/27/2025, they sold 104,313 shares at $84.5052 (range $84.00–$84.98). On 10/28/2025, they sold 93,293 shares at $84.0995 (range $84.00–$84.50).
Following the 10/28 transactions, the reporting person held 11,589,298 BBY shares indirectly as Trustee for a Revocable Trust. Additional indirect holdings include 72,150.515 shares in a 401(k) (based on a statement as of October 14, 2025), 2,061 in an IRA, 702,903 via a limited partnership, 1,153,938 in a Spousal GRAT, 436 held by spouse, and 172,831 in a Spouse Irrevocable Trust.
Best Buy (BBY) received a Form 144 notice for a proposed sale of 92,293 shares of common stock, with an aggregate market value of $7,649,243.84. The shares are slated for sale on the NYSE around 10/28/2025 through broker Piper Sandler & Co.
The filing lists 210,101,265 shares outstanding for context. The seller indicates these are founders shares acquired on 04/18/1985, and the amount to be sold matches the acquired amount. Recent activity disclosed by the same account shows additional sales over the past three months: 500,000 shares for $40,416,500.00 on 10/20/2025; 325,836 shares for $26,832,692.35 on 10/21/2025; and on 10/27/2025, 374,164 shares for $31,143,615.37 and 104,313 shares for $8,814,990.93.
Best Buy (BBY): Form 144 filed for a proposed insider sale. The Richard M. Schulze Revocable Trust filed notice to sell 104,313 shares of BBY common stock through Piper Sandler, with an aggregate market value of $8,685,100.38. The approximate sale date is 10/27/2025 on the NYSE.
The filing lists 210,101,265 shares outstanding. The trust reports additional sales during the past three months: 500,000 shares on 10/20/2025 for $40,416,500.00; 325,836 shares on 10/21/2025 for $26,832,692.35; and 374,164 shares on 10/27/2025 for $31,143,615.37. The shares to be sold were originally acquired as founders’ shares on 04/18/1985.
Best Buy (BBY): Richard M. Schulze Revocable Trust filed a Form 144 indicating an intent to sell up to 374,164 shares of common stock, with an aggregate market value of $30,842,338.50. The filing lists Piper Sandler & Co. as broker, an approximate sale date of 10/24/2025, and trading on the NYSE.
The shares were acquired as Founders Shares on 04/18/1985. The filing also reports recent sales by the same trust: 500,000 shares on 10/20/2025 for $40,416,500.00 and 325,836 shares on 10/21/2025 for $26,832,692.35. This notice reflects a planned sale by a shareholder under Rule 144 and does not involve the company issuing new shares.
Best Buy Co., Inc. (BBY) reported a Form 4 by the reporting person serving as Chairman Emeritus, disclosing open‑market sales executed under a Rule 10b5‑1 trading plan established on April 7, 2025. On 10/20/2025, sales included 200,000 shares at a weighted average price of $80.5572 and 300,000 shares at $81.0168. On 10/21/2025, sales included 26,200 shares at $83.00 and 299,636 shares at $82.2936.
Following these transactions, the filing lists 12,161,068 shares beneficially owned indirectly as Trustee for a Revocable Trust, plus other indirect holdings, including 72,150.515 shares in a 401(k) as of October 14, 2025, 2,061 in an IRA, 702,903 as sole general partner of limited partnership B, 1,153,938 in a Spousal GRAT, 436 held by a spouse, and 172,831 in a Spouse Irrevocable Trust.
Best Buy (BBY): Form 144 filed for a proposed insider sale. A selling security holder filed a notice to sell up to 325,836 shares of Best Buy common stock through Piper Sandler & Co., reflecting an aggregate market value of $26,395,974.40. The approximate sale date is 10/21/2025 on the NYSE.
The shares were identified as founder shares acquired on 04/18/1985. As context, shares outstanding were 210,101,265. In the past three months, the Richard M Schulze Revocable Trust sold 500,000 shares on 10/20/2025 for gross proceeds of $40,416,500.