Form 4: CarMax Executive James Lyski Reports Stock Option Grant
SEC Form 4 Filing
Executive Vice President James Lyski of CarMax Inc. reports the acquisition of stock options.
Summary
- James Lyski, EVP, Chief Innovation & Strategy Officer of CarMax Inc., filed a Form 4.
- The filing reports a transaction that occurred on May 1, 2024.
- Lyski acquired 34,270 stock options with an exercise price of $67.21.
- The stock options become exercisable in four equal installments on May 1st of 2025, 2026, 2027, and 2028.
- These stock options were granted in tandem with stock appreciation rights (SARS).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Positives
- The grant of stock options aligns the executive's interests with those of the shareholders.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies like CarMax.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock options grant. |
| 05/01/2025 | First vesting date for the stock options. |
| 05/01/2026 | Second vesting date for the stock options. |
| 05/01/2027 | Third vesting date for the stock options. |
| 05/01/2028 | Fourth vesting date for the stock options. |
| 05/01/2031 | Expiration date of the stock options. |
| 05/03/2024 | Date of Form 4 filing. |
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