STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Marte Mario Jesus reported acquisition or exercise transactions in this Form 4 filing.

Best Buy Co., Inc. director Mario Jesus Marte reported receiving 2,611 shares of common stock as a grant of restricted stock units under the company’s Omnibus Incentive Plan. The award vests in full one year from the grant date, and his direct holdings increased to 17,705 shares, including periodic dividend reinvestments.

Positive

  • None.

Negative

  • None.
Insider Marte Mario Jesus
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,611 $0.00 --
Holdings After Transaction: Common Stock — 17,705 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).
RSU grant size 2,611 shares Restricted stock units granted to Mario Jesus Marte
Holdings after transaction 17,705 shares Best Buy common stock directly owned after award
Grant vesting period 1 year RSU award vests in full one year from grant date
Price per share $0.0000 Reported transaction price per share for the RSU grant
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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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Marte Mario Jesus

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026A2,611(1)A$0.000017,705(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-fact06/16/2026
** Signature of Reporting PersonDate
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 Mario Jesus Marte report?

Mario Jesus Marte reported an acquisition of 2,611 shares of Best Buy common stock. These were granted as restricted stock units under the Omnibus Incentive Plan, increasing his direct holdings to 17,705 shares after the transaction.

Was the Best Buy (BBY) insider transaction a market purchase or a grant?

The transaction was a grant, not a market purchase. Marte received 2,611 shares through a restricted stock unit award under Best Buy’s Omnibus Incentive Plan, with no cash price per share reported in the filing.

When do Mario Jesus Marte’s new Best Buy (BBY) restricted stock units vest?

The restricted stock units vest in full one year from the grant date. This means Marte must remain eligible through that one-year period to receive the shares outright, according to the terms disclosed in the filing footnote.

How many Best Buy (BBY) shares does Mario Jesus Marte hold after this Form 4?

After the reported award, Marte directly owns 17,705 Best Buy common shares. This total includes the 2,611-share restricted stock unit grant and reflects additional periodic share acquisitions under a dividend reinvestment plan.

What role did dividend reinvestment play in Mario Jesus Marte’s BBY share count?

The filing notes that his total reflects periodic acquisitions under a dividend reinvestment plan. Dividends paid on existing shares were automatically used to buy more shares, modestly increasing his overall Best Buy common stock holdings.