Form 4: CarMax Director McCreight Files Form 4

David W. McCreight, a Director at CarMax Inc., reported a transaction involving 3,696 shares of common stock on June 26, 2026.

Summary

• David W. McCreight, a Director of CarMax Inc. (KMX), filed a Form 4 statement detailing a transaction on June 26, 2026.
• The transaction involved the acquisition of 3,696 shares of common stock.
• Following this transaction, Mr. McCreight beneficially owns 39,530 shares of CarMax common stock.
• The acquisition was made at a price of $0, indicating it was likely a grant or award rather than an open market purchase.
• The filing also includes a Power of Attorney granted by David W. McCreight to John M. Stuckey III, Terence Rasmussen, Christine Carter, and Chelsea Shrader, authorizing them to execute and file Section 16 reports on his behalf.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of an insider transaction without significant new financial information or strategic shifts.

Positives

• Director David W. McCreight acquired 3,696 shares of CarMax common stock, increasing his beneficial ownership.
• The acquisition at $0 per share suggests a form of equity compensation or award, which can align management interests with shareholders.

Future Outlook

This filing is a routine disclosure of insider transactions and does not contain forward-looking statements or guidance regarding the company's future financial performance.

Management Comments

• "The undersigned understands and confirms that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-facts discretion."
• "The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted."
• "The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigneds responsibilities to comply with Section 16 of the Securities Exchange Act of 1934."

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for public company insiders, including directors, and are crucial for transparency in corporate governance. The acquisition of shares by a director, even if through an award, is generally viewed positively as it signals continued commitment and alignment with shareholder interests.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased transparency regarding director's equity holdings and potential alignment of interests.
• Management: Delegation of administrative reporting tasks to authorized attorneys-in-fact.
• Regulatory Bodies: Compliance with SEC reporting requirements under Section 16(a).

Next Steps

• Continued monitoring of insider transactions for CarMax Inc. directors and officers.
• Review of future SEC filings for any changes in beneficial ownership or further transactions.

Key Dates

Keywords

CarMax Inc, KMX, Form 4, SEC Filing, Director, Beneficial Ownership, Common Stock, Equity Award, Insider Transaction