Jadeja Ashok Jitendra Dylan 4

What Happened

• Jadeja Ashok Jitendra Dylan, a director of Best Buy Co., Inc. (BBY), received an award of 2,611 restricted stock units (RSUs) on June 12, 2026. The units were granted at $0.00 (no cash paid at grant); the filing records the acquisition as an award rather than an open-market purchase or sale.
• The RSUs are set to vest in full one year from the grant date (vesting date: 2027-06-12). The immediate reported value is $0 at grant; the economic value to the insider will equal the market value of Best Buy shares at vesting.

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (timely — filed within the required two business days).
• Transaction type/code: A (award/grant); 2,611 shares acquired at $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — RSUs were granted under the Issuer’s Omnibus Incentive Plan and vest in full one year from the grant date. F2 — the filing also notes that some reported holdings may reflect periodic dividend reinvestment plan acquisitions exempt from Section 16b-3(c).
• No indication of immediate sale or cashless exercise — these are time-based RSUs that convert to actual shares only upon vesting.

Context

• RSU grants are a common form of compensation for executives and directors; they do not require an upfront cash purchase and only translate into actual shares (and taxable income) when they vest.
• This transaction is an award/grant, not a purchase or sale, so it should not be read as an immediate bullish or bearish market signal by itself.