Form 4: Best Buy Executive Kathleen Scarlett Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Kathleen Scarlett, SEVP at Best Buy, sold 6,847 shares of common stock on March 21, 2025, to cover tax withholding obligations related to vesting restricted shares.
Summary
- Kathleen Scarlett, a Senior Executive Vice President at Best Buy, reported a transaction involving the company's common stock on March 21, 2025.
- Scarlett sold 6,847 shares at a price of $72.647 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted shares.
- Following the transaction, Scarlett directly owns 87,389 shares of Best Buy common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax obligations) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence, often related to compensation and tax planning. The sale itself is unlikely to have a significant impact on Best Buy's overall performance or stock price, as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of the stock sale transaction. |
| 03/26/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Best Buy, Kathleen Scarlett, Stock Sale, Executive Compensation, Tax Withholding, BBY
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