Insider Sale by SCHULZE RICHARD M (Chairman Emeritus)
Trade Summary
3 days ago, SCHULZE RICHARD M, serving as Chairman Emeritus at BEST BUY CO INC (BBY), sold 900,000 shares at $82.21 per share, for a total transaction value of $73,992,923.30. Following this transaction, SCHULZE RICHARD M now holds 9,530,936 shares of BBY.
This sale represents a 8.63% decrease in SCHULZE RICHARD M's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, July 13, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, July 15, 2026 at 4:39 PM ET, 2 days after the trade was made.
BEST BUY CO INC operates in the CONSUMER CYCLICAL sector, specifically within the SPECIALTY RETAIL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$82.21
Quantity
900,000
Total Value
$73,992,923.30
Shares Owned
9,530,936
Trade Date
3 days ago
SEC Filing Date
at 4:39 PM ET
Filed 2 days after trade
Discussion