Best Buy (BBY) CHRO Scarlett Kathleen Receives 32,311 Shares

What Happened

• Scarlett Kathleen, Senior Executive Vice President and Chief Human Resources Officer (CHRO) of Best Buy (BBY), was granted 32,311 restricted shares on September 20, 2026. The award was reported on a Form 4 filed September 21, 2026. The shares were reported as acquired at $0.00 per share (no cash consideration reported).

Key Details

• Transaction date: 2026-09-20; Form 4 filed: 2026-09-21 (appears timely).
• Instrument: Award/grant (code A); quantity: 32,311 shares; price: $0.00.
• Vesting/conditions: These are restricted shares that will vest in full on November 1, 2027 (Footnote F1).
• Additional note: Filing also includes a footnote (F2) noting some holdings reflect periodic DRIP (dividend reinvestment plan) acquisitions exempt from reporting under Section 16b-3(c).
• Shares owned after transaction: not specified in the provided summary.

Context

• This was a compensation award of restricted stock, not an open-market purchase or sale. Restricted shares typically vest over time and thus do not represent immediately tradeable shares. Such grants are common for executive compensation and do not by themselves indicate a buy/sell signal about the company's stock.