Form 4: CarMax Director Thomas J. Folliard Increases Stake Through Stock Grant

CarMax Director Thomas J. Folliard acquired 2,753 shares of common stock, bringing his total direct beneficial ownership to 212,821 shares.

Summary

• Director Thomas J. Folliard 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 stock grant rather than a market purchase.
• Following this transaction, Mr. Folliard directly beneficially owns a total of 212,821 shares of CarMax common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, generally indicates continued alignment of interests and confidence in the company, contributing to a moderately positive sentiment.

Positives

• Increased insider ownership: Director Thomas J. Folliard's beneficial ownership of CarMax common stock increased by 2,753 shares, demonstrating continued alignment with shareholder interests.

Future Outlook

This Form 4 filing reports a past transaction and does not contain forward-looking statements or guidance regarding CarMax's future outlook.

Industry Context

This filing is a routine insider transaction report for a director of a major used car retailer. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The increase in director ownership may be viewed positively as it aligns management interests with shareholder interests.

Key Dates

Keywords

CarMax, KMX, Thomas J. Folliard, Director, Insider Transaction, Stock Grant, Beneficial Ownership, SEC Form 4