Form 4: CarMax Director Thomas J. Folliard Reports Acquisition of Common Stock

Director Thomas J. Folliard reports acquiring 2,598 shares of CarMax Inc. common stock on July 1, 2024.

Summary

• On July 1, 2024, Thomas J. Folliard, a director of CarMax Inc., acquired 2,598 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Folliard directly owns 210,068 shares of CarMax Inc. common stock.
• A power of attorney was executed on January 30, 2024, granting John M. Stuckey, Ashley Cullum, Christine Carter, and Jessica Kirkland the authority to act on Folliard's behalf for SEC filings related to CarMax Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The director's stock acquisition could be seen as slightly positive, but it's not a major event.

Positives

• The director's acquisition of shares could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a change in the beneficial ownership of CarMax Inc. stock by a director.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment.

Key Dates