Form 4: Best Buy Co Insider Sells Shares
Insider Transaction (Form 4)
Richard M Schulze, Chairman Emeritus of Best Buy Co Inc, sold 300,000 shares of common stock on September 16, 2026.
Summary
- Bona fide gift: acquired 300,000 Common Stock on September 16, 2026; holds 300,000 after (Indirect).
- Open-market sale: disposed of 52,660 Common Stock at $92.90 ($4,892,082) on September 16, 2026; holds 247,340 after (Indirect).
- Open-market sale: disposed of 247,340 Common Stock at $92.43 ($22,862,131) on September 16, 2026 (Indirect).
- Bona fide gift: disposed of 300,000 Common Stock on September 16, 2026; holds 9,230,936 after (Indirect).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $27,754,213 of stock on the open market.
Insider Transactions
Richard M Schulze — Other (Chairman Emeritus)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-16 | Bona fide gift | Common Stock | 300,000 | — | — | 300,000 |
| 2026-09-16 | Open-market sale | Common Stock | 52,660 | $93 | $4.9M | 247,340 |
| 2026-09-16 | Open-market sale | Common Stock | 247,340 | $92 | $22.9M | 0 |
| 2026-09-16 | Bona fide gift | Common Stock | 300,000 | — | — | 9,230,936 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-16 | Bona fide gift (300,000 shares) |
| 2026-09-16 | Open-market sale (52,660 shares) |
| 2026-09-16 | Open-market sale (247,340 shares) |
| 2026-09-16 | Bona fide gift (300,000 shares) |
Keywords
insider transaction, Form 4, BBY, BEST BUY CO INC, bearish, Richard M Schulze
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