Form 4: CarMax Executive Mohammad Shamim Reports Stock Disposal
SEC Form 4 Filing
EVP and CITO of CarMax, Mohammad Shamim, reports the disposal of 642 shares of common stock on May 3, 2024.
Summary
- On May 3, 2024, Mohammad Shamim, EVP and CITO of CarMax Inc., disposed of 642 shares of common stock.
- The transaction was executed at a price of $68.71 per share.
- Following the transaction, Shamim directly owns 11,738 shares of CarMax common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by an executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely watched by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in this information as it provides insight into executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock disposal transaction |
| 05/07/2024 | Date of signature on the Form 4 filing |
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