Form 4: CarMax EVP and COO Charles Joseph Wilson Reports Acquisition of Common Stock

Charles Joseph Wilson, EVP and COO of CarMax, reports the acquisition of 4,455 shares of common stock on April 9, 2025, through performance stock unit awards.

Summary

• Charles Joseph Wilson, an Executive Vice President and COO at CarMax Inc., filed a Form 4 on April 11, 2025.
• The report details a transaction that occurred on April 9, 2025, where Mr. Wilson acquired 4,455 shares of CarMax common stock.
• These shares were obtained through the vesting of performance stock units (PSUs) awarded on May 2, 2022 (1,736 shares) and May 1, 2023 (2,719 shares) after the Compensation Committee certified the performance goals.
• Following this transaction, Mr. Wilson directly owns 20,064 shares of CarMax common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive due to PSU vesting, reflecting standard compensation practices and performance achievements.

Positives

• The acquisition of shares by a high-ranking executive can be seen as a positive signal, indicating confidence in the company's performance and future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive's compensation includes equity-based incentives tied to performance.

Stakeholder Impact

• The acquisition of shares by an executive can have a minor positive impact on shareholder sentiment, as it signals confidence in the company's future.

Key Dates

Keywords

Form 4, CarMax, KMX, Charles Joseph Wilson, EVP, COO, Stock Acquisition, Performance Stock Units, PSU, Beneficial Ownership