Matthew M. Bilunas - Mar 21, 2025 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role: SEVP Enterprise Strategy & CFO
Signature: /s/ Jodie H. Crist, Attorney-in-fact
Stock symbol: BBY
Transactions as of: Mar 21, 2025
Transactions value $: -$4,473,039
Form type: 4
Date filed: 3/26/2025, 04:23 PM
Previous filing: Mar 21, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BBY	Common Stock	Sale	-$689K	-9.48K	-8.15%	$72.65	107K	Mar 21, 2025	Direct	F1
transaction	BBY	Common Stock	Sale	-$3.78M	-51K	-47.73%	$74.20	55.9K	Mar 24, 2025	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id	Content
F1	Represents the number of shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares and does not represent a discretionary transaction by the reporting person.
F2	The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on December 19, 2024.