Rendle Steven E 4

What Happened

• Steven E. Rendle, a director of Best Buy Co., received a grant of 2,611 restricted stock units (RSUs) on 2026-06-12. The reported acquisition price is $0.00 per share (award/grant), so no cash was paid. The grant is reported under transaction code A (award/grant).

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-16.
• Shares involved: 2,611 RSUs; price reported: $0.00; implied cash value at grant not shown on the Form 4.
• Vesting: Footnote F1 states the award vests in full one year from the grant date.
• Footnote F2 notes a periodic acquisition under a dividend reinvestment plan that is exempt from Section 16b-3(c) reporting (this relates to other share activity disclosed in the filing).
• Shares owned after the transaction: not specified on the Form 4.

Context

• This was a compensation grant (RSUs), not an open-market purchase or sale. RSU awards are common director compensation and typically indicate retention rather than an immediate market bet; they vest over time per the issuer’s plan.