Best Buy Founder Sells $74 Million Worth of Shares via Rule 10b5-1 Plan
Richard M. Schulze, founder and Chairman Emeritus of Best Buy (BBY), sold approximately $74 million worth of shares through a prearranged Rule 10b5-1 plan in early July 2026. The transaction reduced his indirect holdings by about 7%, leaving him with an estimated 6% stake in the company.
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