16 unchanged sentences
Set forth below are developments regarding trading plan arrangements among our directors and officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) for the quarter ended February 1, 2025.
−Removed: On December 6, 2023 , Jason Bonfig , the Company’s Senior Executive Vice President of Customer Offerings and Fulfillment , entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1 (c) under the Exchange Act, providing for the potential sale of up to 28,500 shares of our common stock through February 28, 2025 .
+Added: After the completion of his prior trading plan on December 11, 2024, Matthew Bilunas , the company’s Senior Executive Vice President of Enterprise Strategy and Chief Financial Officer , entered into a new trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
+Added: The new trading plan was entered into on December 19, 2024 , and provides for the potential sale of up to 51,000 shares of our common stock through April 25, 2025 .
Other Information
3 unchanged sentences
Directors, Executive Officers and Corporate Governance.
−Removed: The information required by this Item is incorporated by reference to the applicable information in the Company’s Proxy Statement for the 2024 Regular Meeting of Shareholders (the “2024 Proxy Statement”), which is expected to be filed with the SEC on or before June 2, 2024.
+Added: The information required by this Item is incorporated by reference to the applicable information in the company’s Proxy Statement for the 2025 Regular Meeting of Shareholders (the “2025 Proxy Statement”), which is expected to be filed with the SEC on or before May 2, 2025.
Code of Ethics
106 unchanged sentences
Policy Regarding Shareholder Ratification of Executive Officer Cash Severance Agreements
+Added: Form of Best Buy Co., Inc.
+Added: Long-Term Incentive Award Agreement (2024) – Restricted Shares
+Added: Form of Best Buy Co., Inc.
+Added: Long-Term Incentive Award Agreement (2024) – Restricted Stock Units
+Added: Restated Best Buy Severance Plan and Summary Plan Description (2023)
+Added: Form of Best Buy Co., Inc.
+Added: Long-Term Incentive Award Agreement (2024) – Directors
+Added: Securities Trading Policy
Subsidiaries of the Registrant
8 unchanged sentences
The following financial information from our Annual Report on Form 10-K for fiscal 2025, filed with the SEC on March 19, 2025, formatted in Inline Extensible Business Reporting Language (iXBRL):
−Removed: (i) the consolidated balance sheets at February 3, 2024, and January 28, 2023, (ii) the consolidated statements of earnings for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, (iii) the consolidated statements of comprehensive income for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, (iv) the consolidated statements of cash flows for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, (v) the consolidated statements of changes in shareholders' equity for the years ended February 3, 2024, January 28, 2023, and January 29, 2022, and (vi) the Notes to Consolidated Financial Statements.
+Added: (i) the consolidated balance sheets at February 1, 2025, and February 3, 2024, (ii) the consolidated statements of earnings for the years ended February 1, 2025, February 3, 2024, and January 28, 2023, (iii) the consolidated statements of comprehensive income for the years ended February 1, 2025, February 3, 2024, and January 28, 2023, (iv) the consolidated statements of cash flows for the years ended February 1, 2025, February 3, 2024, and January 28, 2023, (v) the consolidated statements of changes in shareholders' equity for the years ended February 1, 2025, February 3, 2024, and January 28, 2023, and (vi) the Notes to Consolidated Financial Statements.
The cover page from our Annual Report on Form 10-K for fiscal 2025, filed with the SEC on March 19, 2025, formatted in iXBRL (included as Exhibit 101).
15 unchanged sentences
/s/ Matthew Bilunas
−Removed: Senior Executive Vice President of Enterprise Strategy,
−Removed: Chief Financial Officer
+Added: Senior Executive Vice President, Chief Financial Officer & Enterprise Strategy
March 19, 2025
5 unchanged sentences
(principal accounting officer)
−Removed: Patrick Doyle
March 19, 2025
−Removed: Patrick Doyle
March 19, 2025
2 unchanged sentences
March 19, 2025
−Removed: March 15, 2024
/s/ Claudia F.
7 unchanged sentences
March 19, 2025
−Removed: /s/ Eugene A.
−Removed: March 15, 2024
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.