Best Buy Reports Director, Officer, and Compensation Changes

Ticker: BBY · Form: 8-K · Filed: 2025-12-01T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-changes, filing

Related Tickers: BBY

TL;DR

BBY filed an 8-K: board/exec changes, comp updates, financials. All good.

AI Summary

Best Buy Co., Inc. filed an 8-K on November 26, 2025, reporting changes in its board of directors and executive officers, along with updates to compensatory arrangements. The filing also includes financial statements and exhibits, and a Regulation FD disclosure. The company is headquartered in Richfield, Minnesota.

Why It Matters

Changes in a company's leadership and compensation structures can signal shifts in strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance and executive changes, with no immediate financial distress or significant operational shifts indicated.

Key Players & Entities

FAQ

What specific items are being reported in this 8-K filing?

This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosures, and financial statements and exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on November 26, 2025.

What is Best Buy's principal executive office address?

Best Buy's principal executive offices are located at 7601 Penn Avenue South, Richfield, Minnesota 55423.

What is Best Buy's state of incorporation?

Best Buy Co., Inc. is incorporated in Minnesota.

What is the SIC code for Best Buy?

The Standard Industrial Classification (SIC) code for Best Buy is 5731, which corresponds to Retail - Radio, TV & Consumer Electronics Stores.

From the Filing

0000764478-25-000052.txt : 20251201 0000764478-25-000052.hdr.sgml : 20251201 20251201161545 ACCESSION NUMBER: 0000764478-25-000052 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20251126 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20251201 DATE AS OF CHANGE: 20251201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] ORGANIZATION NAME: 07 Trade & Services EIN: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 251539847 BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 8-K 1 bby-20251126.htm 8-K bby-20251126 0000764478 False 0000764478 2025-11-26 2025-11-26 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) November 26, 2025 BEST BUY CO., INC. (Exact name of registrant as specified in its charter) Minnesota 1-9595 41-0907483 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 7601 Penn Avenue South Richfield , Minnesota 55423 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code ( 612 ) 291-1000 N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of exchange on which registered Common Stock, $0.10 par value per share BBY New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨ If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On November 26, 2025, the Board of Directors (the “Board”) of Best Buy Co., Inc. ("Best Buy" or the "registrant") elected A. Dylan Jadeja as a director, effective immediately. Mr. Jadeja is currently the Chief Executive Officer of Riot Games, Inc. (“Riot”), a video game developer and publisher. Prior to his appointment as CEO in 2023, Mr. Jadeja was appointed President of Riot in 2017, and in this role, oversaw all enterprise operations. He first joined Riot in 2011 as Chief Financial Of

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