KMX.NYSECarmax INC

Form 4: CarMax Director Marcella Shinder Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing (Form 4)


Director Marcella Shinder reports acquisition and disposal of CarMax Inc. common stock on July 1, 2024, according to a Form 4 filing with the SEC.

Summary

  • Marcella Shinder, a director of CarMax Inc., filed a Form 4 with the SEC on July 2, 2024.
  • The filing reports a transaction that occurred on July 1, 2024, involving CarMax Inc. common stock.
  • Shinder acquired 2,598 shares of common stock at $0 and disposed of 21,666 shares.
  • Following the reported transaction, Shinder beneficially owns 21,666 shares of CarMax Inc. common stock directly.
  • Shinder has granted a Power of Attorney to John M. Stuckey, Ashley Cullum, Christine Carter, and Jessica Kirkland to execute and file Forms 3, 4, and 5 on her behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a change in beneficial ownership, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.

Stakeholder Impact

  • The change in ownership may have a minor impact on shareholder sentiment, but is unlikely to be significant.

Key Dates

DateDescription
2024-01-30Date of execution of Power of Attorney.
2024-07-01Date of stock transaction (acquisition and disposal).
2024-07-02Date of Form 4 filing.

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