Form 4: CarMax Director Mitchell Steenrod Acquires 2,753 Shares
Insider Transaction Report
CarMax Inc. Director Mitchell D. Steenrod acquired 2,753 shares of common stock on June 30, 2025, increasing his direct beneficial ownership to 36,330 shares.
Summary
- Mitchell D. Steenrod, a Director of CarMax Inc. (KMX), acquired 2,753 shares of common stock.
- The transaction occurred on June 30, 2025.
- The shares were acquired at a price of $0, indicating a grant or award rather than a purchase.
- Following this transaction, Mr. Steenrod directly beneficially owns 36,330 shares of CarMax common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even if a grant, generally indicates insider confidence in the company's prospects, which is a positive signal for investors.
Positives
- Director Mitchell D. Steenrod acquired 2,753 shares of CarMax common stock, increasing his direct beneficial ownership.
- The acquisition of shares by an insider can signal confidence in the company's future prospects.
Related Party Transactions
- The acquisition of shares by a director (Mitchell D. Steenrod) from the company (CarMax Inc.) is a related party transaction.
Stakeholder Impact
- Shareholders: The acquisition of shares by a director may be perceived positively, signaling confidence in the company's future value.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of transaction where Director Mitchell D. Steenrod acquired 2,753 shares of CarMax common stock. |
| 07/02/2025 | Date the Form 4 filing was signed by Christine Carter, attorney-in-fact for Mitchell D. Steenrod. |
Keywords
CarMax, KMX, Mitchell Steenrod, Insider Trading, Form 4, Stock Acquisition, Director, Common Stock, Share Ownership
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