Form 4: Best Buy SVP, Controller & CAO Mathew Watson Sells Shares
SEC Form 4 Filing
Mathew Watson, SVP, Controller & CAO of Best Buy Co. Inc., sold 3,520 shares of common stock on April 9, 2024, at a price of $82.43 per share.
Summary
- On April 9, 2024, Mathew Watson, the SVP, Controller & CAO of Best Buy Co. Inc., sold 3,520 shares of the company's common stock.
- The sale was executed at a price of $82.43 per share.
- Following the transaction, Watson directly owns 22,118 shares of Best Buy common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.
Key Dates
| Date | Description |
|---|---|
| 04/09/2024 | Date of the transaction: Mathew Watson sold 3,520 shares of Best Buy common stock. |
| 04/11/2024 | Date of signature on the Form 4 filing. |
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