Richard M. Schulze - Oct 24, 2025 Form 4 Insider Report for BEST BUY CO INC (BBY)

Role
Chairman Emeritus
Signature
/s/ Jodie H. Crist, Attorney-in-fact
Stock symbol
BBY
Transactions as of
Oct 24, 2025
Transactions value $
-$47,804,501
Form type
4
Date filed
10/28/2025, 05:57 PM
Previous filing
Oct 22, 2025
Next filing
Oct 31, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SCHULZE RICHARD M Chairman Emeritus 7601 PENN AVENUE S., RICHFIELD /s/ Jodie H. Crist, Attorney-in-fact 2025-10-28 0001006394

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Sale -$31.1M -374K -3.08% $83.24 11.8M Oct 24, 2025 Trustee for Revocable Trust F1, F2
transaction BBY Common Stock Sale -$8.81M -104K -0.88% $84.51 11.7M Oct 27, 2025 Trustee for Revocable Trust F1, F3
transaction BBY Common Stock Sale -$7.85M -93.3K -0.8% $84.10 11.6M Oct 28, 2025 Trustee for Revocable Trust F1, F4
holding BBY Common Stock 72.2K Oct 24, 2025 401(k) F5
holding BBY Common Stock 2.06K Oct 24, 2025 IRA
holding BBY Common Stock 703K Oct 24, 2025 Sole general partner of limited partnership B
holding BBY Common Stock 1.15M Oct 24, 2025 Spousal GRAT
holding BBY Common Stock 436 Oct 24, 2025 Spouse
holding BBY Common Stock 173K Oct 24, 2025 Spouse Irrevocable Trust
* 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 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on April 7, 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.00 to $83.61, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.00 to $84.98, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.00 to $84.50, inclusive. The reporting person undertakes to provide to BBY, any security holder of BBY, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 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 14, 2025.