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

Signature
/s/ Jodie H. Crist, Attorney-in-fact
Issuer symbol
BBY
Transactions as of
21 Mar 2025
Net transactions value
-$4,473,039
Form type
4
Filing time
26 Mar 2025, 16:23:01 UTC
Previous filing
21 Mar 2025
Next filing
30 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBY Common Stock Sale $688,839 -9,482 -8.2% $72.65 106,856 21 Mar 2025 Direct F1
transaction BBY Common Stock Sale $3,784,200 -51,000 -48% $74.20 55,856 24 Mar 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.