Marte Mario Jesus 4
Research Summary
AI-generated summary
Best Buy (BBY) Director Marte Mario Jesus Receives Award
What Happened
- Marte Mario Jesus, a director of Best Buy Co. (BBY), was granted 2,611 shares as restricted stock units (RSUs) on June 12, 2026. The RSUs were recorded at $0.00 (an equity award, not a cash purchase) and vest in full one year from the grant date.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (filed within the normal reporting window).
- Transaction type: A = Award/Grant of RSUs; 2,611 shares granted at $0.00.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes:
- F1: Award granted under the Issuer's Omnibus Incentive Plan; vests in full one year from grant.
- F2: Notes a periodic acquisition via dividend reinvestment plan exempt from Section 16 reporting (appears as a separate disclosure point).
- No indication this was an option exercise, open-market buy, or sale.
Context
- This was a compensation award (RSUs) rather than a market purchase or sale—common for directors and executives as part of pay programs. RSUs generally do not indicate immediate buying or selling pressure; value is realized when they vest (and any subsequent sale would be reported separately).