Best Buy Insider Todd Hartman Files Form 144 for Proposed Stock Sale

TL;DR

**Best Buy insider Todd Hartman is selling shares, watch for potential stock pressure.**

AI Summary

Todd G. Hartman, an insider at Best Buy Co Inc., has filed a Form 144 indicating a proposed sale of securities. While the filing doesn't specify the exact number of shares or dollar amount, it signals that an executive intends to sell a portion of their holdings. This matters to investors because insider selling can sometimes suggest that those closest to the company believe the stock may be fully valued or that they need to diversify their personal assets, potentially putting slight downward pressure on the stock if the sale is significant.

Why It Matters

Insider selling, even if for personal reasons, can be interpreted by the market as a lack of confidence or a signal that the stock's growth potential is limited in the near term.

Risk Assessment

Risk Level: low — A Form 144 filing is a notice of intent to sell, not a completed sale, and the specific details of the sale (number of shares, value) are not yet public, making the immediate impact low.

Analyst Insight

A smart investor would monitor subsequent filings (like Form 4) to see the actual number of shares sold and the price, and consider if this sale is part of a pattern or an isolated event, before making any investment decisions.

Key Players & Entities

• Hartman Todd G. (person) — Reporting person, an insider at Best Buy Co Inc.
• BEST BUY CO INC (company) — The subject company whose securities are proposed to be sold.
• 0001773763 (person) — CIK for Hartman Todd G.
• 0000764478 (company) — CIK for BEST BUY CO INC
• 2026-03-23 (date) — Filing Date and Accepted Date of the Form 144

Forward-Looking Statements

• The market will likely react with slight caution to this insider selling notice. (BEST BUY CO INC stock) — medium confidence, target: within 1 week
• Further details regarding the number of shares and value of the proposed sale will become public in subsequent filings or news. (Hartman Todd G. proposed sale) — high confidence, target: within 3 months

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 3KB
• 0001959173-26-002578.txt ( ) — 4KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer BEST BUY CO INC Address of Issuer 7601 PENN AVE SOUTH RICHFIELD MINNESOTA 55423 Phone 6122911000 Name of Person for Whose Account the Securities are To Be Sold Hartman Todd G. See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Officer 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Fidelity Brokerage Services LLC 900 Salem Street Smithfield � RI � 02917 5339 341799.04 209112577 03/23/2026 NYSE Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common 03/20/2026 Restricted Stock Vesting Issuer 5339 03/20/2026 Compensation * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution. Date of Notice 03/23/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/Wade Moss, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Todd G. Hartman ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

View Full Filing

View this 144 filing on SEC EDGAR