Form 4: CarMax Executive Diane L. Cafritz Reports Acquisition of Common Stock
SEC Form 4
Diane L. Cafritz, EVP, Chief Innov & People Off at CarMax Inc, reports acquiring 4,823 shares of common stock on April 9, 2025, and 334 shares on September 30, 2024.
Summary
- Diane L. Cafritz, an executive at CarMax Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 9, 2025, Ms. Cafritz acquired 4,823 shares of CarMax common stock.
- These shares were acquired at a price of $0.
- On September 30, 2024, Ms. Cafritz acquired 334 shares of CarMax common stock.
- These shares were acquired at a price of $0.
- Following these transactions, Ms. Cafritz directly owns 11,222 shares of CarMax common stock after the April 9th transaction and 11,556 after the September 30th transaction.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of shares could be seen as a slightly positive sign, but it's not a major event.
Positives
- The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The acquisition of shares by an executive could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2022-05-02 | Date of performance stock unit (PSU) awards granted. |
| 2023-05-01 | Date of performance stock unit (PSU) awards granted. |
| 2024-09-30 | Date of common stock acquisition. |
| 2025-04-09 | Date of common stock acquisition. |
| 2025-04-11 | Date of signature on the report. |
Keywords
Form 4, beneficial ownership, CarMax, KMX, stock acquisition, Diane L. Cafritz, performance stock units, PSU
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