Form 4: CarMax SVP Darren C Newberry Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Darren C Newberry, SVP of CarMax, disposed of 445 shares of common stock on May 3, 2024, to cover tax obligations.
Summary
- On May 7, 2024, a Form 4 filing was submitted to the SEC regarding Darren C Newberry, SVP of CarMax Inc.
- The report details a transaction on May 3, 2024, where Newberry disposed of 445 shares of CarMax common stock.
- The disposal was executed at a price of $68.71 per share.
- Following the transaction, Newberry directly owns 11,154 shares of CarMax common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock disposal transaction. |
| 05/07/2024 | Date of Form 4 filing. |
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