KENNY DAVID W 4
4 · BEST BUY CO INC · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Best Buy (BBY) Director David W. Kenny Receives 4,330-Share RSU Award
What Happened
David W. Kenny, a director of Best Buy Co., Inc. (BBY), received a grant of 4,330 restricted stock units (RSUs) on 2026-06-12. The RSUs were awarded at an acquisition price of $0.00 (no cash paid) and will vest in full one year from the grant date. This is an award/compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-12 — 4,330 RSUs @ $0.00.
- Vesting: Award vests in full one year from grant date (on or about 2027-06-12) per footnote.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs granted under the Issuer’s Omnibus Incentive Plan; F2 — filing notes periodic dividend reinvestment plan acquisitions exempt from reporting under Rule 16b‑3(c).
- Filing timeliness: Form filed 2026-06-16 (timely relative to the 2-business-day Form 4 deadline).
Context
RSUs are compensation that convert into actual shares when they vest; they do not represent immediate market purchases or sales. Such grants are common executive/director compensation and aim to align long-term interests with shareholders; they should not be interpreted on their own as a bullish or bearish signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-12+4,330→ 56,520 total
Footnotes (2)
- [F1]Shares were acquired pursuant to a grant of restricted stock units under the Issuer's Omnibus Incentive Plan. The award vests in full one year from the grant date.
- [F2]This number reflects a periodic acquisition of shares under a dividend reinvestment plan exempt from reporting under Section 16b-3(c).