STOCK TITAN

Director at Best Buy (NYSE: BBY) gets 2,611-share equity award

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

Rhea-AI Filing Summary

Best Buy Co., Inc. director Lisa Caputo received an equity award of 2,611 shares of common stock. The shares were acquired at no cash cost to her as a grant of restricted stock units under Best Buy’s Omnibus Incentive Plan and will vest in full one year from the grant date. Following this award, she directly owns 65,067 Best Buy shares. A footnote also notes periodic share acquisitions through a dividend reinvestment plan.

Positive

  • None.

Negative

  • None.
Insider Caputo Lisa
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,611 $0.00 --
Holdings After Transaction: Common Stock — 65,067 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).
Shares granted 2,611 shares Restricted stock unit grant on common stock
Grant price $0.00 per share Equity compensation, not market purchase
Post-transaction holdings 65,067 shares Direct ownership after award
Vesting period One year Award vests in full one year from grant date
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
"periodic acquisition of shares under a 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*
Caputo Lisa

(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$0.000065,067(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 did Best Buy (BBY) director Lisa Caputo report on this Form 4?

Lisa Caputo reported receiving an equity award of 2,611 shares of Best Buy common stock. The shares came from a grant of restricted stock units under the company’s Omnibus Incentive Plan and increased her direct holdings to 65,067 shares.

Was Lisa Caputo’s Best Buy (BBY) share award a market purchase or a grant?

The 2,611 Best Buy shares were a grant of restricted stock units, not a market purchase. The transaction code "A" denotes a grant or award, and the reported price per share was $0.00, indicating compensation rather than an open‑market buy.

When do Lisa Caputo’s new Best Buy (BBY) restricted stock units vest?

The filing states the award vests in full one year from the grant date. This means all 2,611 restricted stock units convert into shares after one year, assuming applicable vesting conditions under the Omnibus Incentive Plan are satisfied.

How many Best Buy (BBY) shares does Lisa Caputo own after this transaction?

After the grant, Lisa Caputo directly owns 65,067 shares of Best Buy common stock. This total includes the newly awarded 2,611 shares and reflects periodic additions from a dividend reinvestment plan, as noted in the Form 4 footnotes.

What does the dividend reinvestment plan note mean for Best Buy (BBY) director holdings?

A footnote explains that some shares reflect periodic acquisitions under a dividend reinvestment plan. Dividends paid in cash are automatically reinvested into additional Best Buy shares, gradually increasing holdings without separate reportable open‑market transactions under Section 16b‑3(c).

Does Lisa Caputo pay for the Best Buy (BBY) shares received in this Form 4?

No cash payment is reported for the 2,611 shares; the per‑share price is $0.00. The shares come from a restricted stock unit grant under Best Buy’s Omnibus Incentive Plan, functioning as equity compensation rather than a purchase.