Parham Richelle P 4
4 · BEST BUY CO INC · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Best Buy (BBY) Director Richelle P. Parham Receives Award
What Happened Richelle P. Parham, a director of Best Buy Co., received a grant of 2,611 restricted stock units (RSUs) on June 12, 2026. The units were granted at a $0.00 acquisition price (i.e., a compensation award rather than an open-market purchase), so reported acquisition value is $0. Per the filing, the award vests in full one year from the grant date.
Key Details
- Transaction date and type: 2026-06-12 — Award/Grant of 2,611 RSUs (code A). Price reported: $0.00.
- Reported value: $0 (grant/compensation award; market value not stated in Form 4 summary).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- F1: RSUs granted under the Issuer's Omnibus Incentive Plan; award vests in full one year from grant date.
- F2: Notes periodic acquisition of shares under a dividend reinvestment plan exempt from Section 16b-3(c) reporting.
- Filing timeliness: No late filing flag indicated in the provided data.
Context This was a standard compensation award (RSUs) to a director, which is common and does not represent an open-market purchase or sale. The RSUs will convert to shares (subject to vesting) one year after the grant; until vested, they are typically subject to transfer restrictions and forfeiture conditions.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-12+2,611→ 27,373 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).