Best Buy (NYSE: BBY) director receives 2,611-share restricted stock grant

Rhea-AI Filing Summary

McLoughlin Karen reported acquisition or exercise transactions in this Form 4 filing.

Best Buy Co., Inc. director Karen McLoughlin received an equity award of 2,611 shares of common stock in the form of restricted stock units granted at no cash cost to her. The award was made under Best Buy’s Omnibus Incentive Plan and will vest in full one year from the grant date.

After this grant, McLoughlin directly holds 40,907 shares of Best Buy common stock. A footnote also notes periodic share additions through a dividend reinvestment plan, which incrementally increases her holdings over time as dividends are reinvested in company stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McLoughlin Karen

Role null

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

Holdings After Transaction: Common Stock — 40,907 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

Restricted stock unit grant: 2,611 shares Shares owned after transaction: 40,907 shares Grant price: $0.00 per share

3 metrics

Restricted stock unit grant 2,611 shares Equity award on 2026-06-12

Shares owned after transaction 40,907 shares Direct holdings after grant

Grant price $0.00 per share Restricted stock unit award cost to insider

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

"Shares were acquired pursuant to a 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

"This number reflects a periodic acquisition of shares under a 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 - 04:45 PM Accepted by SEC EDGAR 06/16/2026 - 04:44 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^*

McLoughlin Karen

(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	40,907(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 did Best Buy (BBY) director Karen McLoughlin report in this Form 4?

Karen McLoughlin reported receiving 2,611 shares of Best Buy common stock as a restricted stock unit grant. The award was made under the company’s Omnibus Incentive Plan and represents equity-based compensation rather than an open-market stock purchase.

How many Best Buy (BBY) shares does Karen McLoughlin hold after this grant?

Following the reported grant, Karen McLoughlin directly holds 40,907 shares of Best Buy common stock. This total includes the newly granted 2,611 restricted stock units and reflects her updated direct ownership position disclosed in the Form 4 filing.

What are the vesting terms of Karen McLoughlin’s new Best Buy restricted stock units?

The 2,611 restricted stock units granted to Karen McLoughlin vest in full one year from the grant date. This means she must remain eligible through that one-year period for the entire award to convert into freely owned Best Buy common shares.

Did Karen McLoughlin pay cash for the 2,611 Best Buy shares in this Form 4?

No, the 2,611 shares were acquired at a reported price of $0.00 per share as an equity award. They were granted as restricted stock units under Best Buy’s Omnibus Incentive Plan rather than purchased in an open-market transaction for cash.

What does the dividend reinvestment footnote mean in Karen McLoughlin’s Best Buy filing?

A footnote explains that some shares reflect periodic acquisitions through a dividend reininvestment plan. Under this arrangement, cash dividends on existing Best Buy holdings are automatically used to buy additional shares, gradually increasing her position without separate open-market trades.