Form 4: Best Buy Co Executive Sells Shares
Insider Transaction (Form 4)
Kathleen Scarlett, SEVP, CHRO of Best Buy Co Inc, sold 116,062 shares of common stock on September 23, 2026.
Summary
- Option exercise/conversion: acquired 96,166 Common Stock at $70.50 ($6,779,703) on September 23, 2026; holds 232,235 after (Direct).
- Open-market sale: disposed of 27,952 Common Stock at $92.41 ($2,583,058) on September 23, 2026; holds 204,283 after (Direct).
- Open-market sale: disposed of 88,110 Common Stock at $92.07 ($8,112,305) on September 23, 2026; holds 116,173 after (Direct).
- Option exercise/conversion: disposed of 96,166 Stock Option (Right to Buy) at $70.50 ($6,779,703) on September 23, 2026 (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $10,695,364 of stock on the open market.
Insider Transactions
Kathleen Scarlett — Officer (SEVP, CHRO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-23 | Option exercise/conversion | Common Stock | 96,166 | $71 | $6.8M | 232,235 |
| 2026-09-23 | Open-market sale | Common Stock | 27,952 | $92 | $2.6M | 204,283 |
| 2026-09-23 | Open-market sale | Common Stock | 88,110 | $92 | $8.1M | 116,173 |
| 2026-09-23 | Option exercise/conversion | Stock Option (Right to Buy) | 96,166 | $71 | $6.8M | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-23 | Option exercise/conversion (96,166 shares) |
| 2026-09-23 | Open-market sale (27,952 shares) |
| 2026-09-23 | Open-market sale (88,110 shares) |
| 2026-09-23 | Option exercise/conversion (96,166 shares) |
Keywords
insider transaction, Form 4, BBY, BEST BUY CO INC, bearish, Kathleen Scarlett
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