Best Buy (BBY) director granted 2,611 restricted shares as equity compensation

Rhea-AI Filing Summary

Best Buy Co., Inc. director Ashok Jitendra Dylan Jadeja reported receiving an award of 2,611 shares of common stock as a grant of restricted stock units under the company’s Omnibus Incentive Plan. The award was granted at no cash cost per share and will vest in full one year from the grant date.

Following this grant and periodic acquisitions under a dividend reinvestment plan, Jadeja now holds a total of 3,914 shares of Best Buy common stock directly. This filing reflects routine equity-based director compensation rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jadeja Ashok Jitendra Dylan

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,611	$0.00	--

Holdings After Transaction: Common Stock — 3,914 shares (Direct, null)

Footnotes (1)

1. Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan. The award vests in full one year from the grant date. This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).

Key Figures

RSU grant size: 2,611 shares Grant price: $0.0000 per share Total holdings after grant: 3,914 shares +1 more

4 metrics

RSU grant size 2,611 shares Restricted stock unit award to director on grant date

Grant price $0.0000 per share Reported transaction price for RSU grant

Total holdings after grant 3,914 shares Director’s direct Best Buy holdings following the transaction

Vesting period One year RSU award vests in full one year from grant date

Key Terms

restricted stock units, Omnibus Incentive Plan, dividend reinvestment plan, Section 16b-3(c)

4 terms

restricted stock units financial

"Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Omnibus Incentive Plan financial

"grant of restricted stock units under the Issuer's Omnibus Incentive Plan."

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

dividend reinvestment plan financial

"This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c)."

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

Section 16b-3(c) regulatory

"dividend reinvestment plan exempt from reporting under Section 16b-3(c)."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/16/2026 - 04:44 PM Accepted by SEC EDGAR 06/16/2026 - 04:43 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Jadeja Ashok Jitendra Dylan

(Last) (First) (Middle)

7601 PENN AVENUE S.

(Street)

RICHFIELD MINNESOTA 55423

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BEST BUY CO INC [ BBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2026		A		2,611(1)	A	$0.0000	3,914(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan. The award vests in full one year from the grant date.

2. This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).

	/s/ Jodie H. Crist, Attorney-in-fact	06/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Best Buy (BBY) director Ashok Jadeja report?

Director Ashok Jadeja reported an acquisition of 2,611 shares of Best Buy common stock. The shares were granted as restricted stock units under the company’s Omnibus Incentive Plan, representing routine equity compensation rather than an open-market share purchase.

Was cash paid for the 2,611 Best Buy (BBY) shares granted to Ashok Jadeja?

No cash was paid for these 2,611 shares. They were granted at a reported price of $0.0000 per share as restricted stock units, reflecting stock-based compensation awarded under Best Buy’s Omnibus Incentive Plan for director service.

When do Ashok Jadeja’s restricted stock units in Best Buy (BBY) vest?

The restricted stock unit award vests in full one year from the grant date. Once vested, the units convert into Best Buy common shares, aligning the director’s compensation more closely with shareholder interests over that one-year service period.

How many Best Buy (BBY) shares does Ashok Jadeja hold after this Form 4?

After the reported grant, Ashok Jadeja directly holds 3,914 Best Buy common shares. This total includes the 2,611-share restricted stock grant and prior periodic acquisitions under a dividend reinvestment plan, as reflected in the Form 4 filing details.

What is the role of the dividend reinvestment plan in Ashok Jadeja’s Best Buy (BBY) holdings?

The filing notes that part of Jadeja’s holdings reflects periodic share acquisitions under a dividend reinvestment plan. These transactions are exempt from certain reporting under Section 16b-3(c), meaning dividends were automatically reinvested into additional Best Buy shares over time.