Form 4: CarMax Director Sona Chawla Reports Changes in Beneficial Ownership
SEC Filing
Director Sona Chawla reports acquisition and disposal of CarMax Inc. stock on July 1, 2024, according to a Form 4 filing.
Summary
- Sona Chawla, a director of CarMax Inc., filed a Form 4 with the SEC on July 2, 2024, reporting changes in beneficial ownership of the company's stock.
- On July 1, 2024, Chawla acquired 2,598 shares of common stock at $0 price.
- Following the reported transaction, Chawla beneficially owns 16,949 shares of CarMax Inc.
- Chawla 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, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2024-01-30 | Date of execution of Power of Attorney by Sona Chawla. |
| 2024-07-01 | Date of transaction: acquisition of 2,598 shares of common stock. |
| 2024-07-02 | Date of Form 4 filing. |
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