{"schema_version":"secwatch.filing_event.v1","accession":"0000764478-26-000012","form_type":"8-K","ticker":"BBY","cik":"0000764478","company_name":"BEST BUY CO INC","filed_at":"2026-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.710320+00:00","generated_at":"2026-05-15T04:58:44.984663+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Best Buy names Jason Bonfig as CEO, CEO Corie Barry to depart Oct 31, 2026","bullets":["Corie Barry will step down as CEO and Board member effective Oct 31, 2026; she will serve as strategic advisor for 6 months post-departure at $1M salary.","Jason Bonfig appointed CEO and Board member effective Nov 1, 2026; he currently oversees merchandising, ecommerce, supply chain, Best Buy Canada, and Best Buy Ads.","Bonfig's base salary raised to $1.25M; short-term incentive target 190% of salary; long-term incentive target $10.125M starting fiscal 2028.","Bonfig's initial term is 3 years; enhanced severance upon change-of-control termination (2x base+bonus plus pro-rata annual bonus).","Board conducted extensive internal/external search; Bonfig is the sixth CEO in the company's 60-year history."],"urls":{"canonical":"https://secwatch.observer/filing/0000764478-26-000012","json":"https://secwatch.observer/filing/0000764478-26-000012.json","markdown":"https://secwatch.observer/filing/0000764478-26-000012.md","text":"https://secwatch.observer/filing/0000764478-26-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764478/000076447826000012/0000764478-26-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764478/000076447826000012/bby-20260419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T04:58:44.984663+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}