Form 4: CarMax VP, Controller & PAO Jill A. Livesay Reports Stock Transactions
SEC Form 4 Filing
Jill A. Livesay, VP, Controller & PAO of CarMax Inc., reports the vesting and settlement of restricted stock units, resulting in the acquisition and disposal of common stock.
Summary
- On May 3, 2024, Jill A. Livesay, VP, Controller & PAO of CarMax Inc., reported transactions involving CarMax common stock.
- These transactions included the vesting of restricted stock units (market stock units or MSUs) and the subsequent settlement in shares of Company common stock.
- Specifically, 544 shares were acquired upon vesting of the MSUs, with each MSU converting to 0.5637 shares of common stock.
- Additionally, 164 shares were disposed of to cover tax obligations at a price of $68.71 per share.
- Following these transactions, Livesay directly owns 9,448 shares of CarMax common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2024/01/31 | Date of Power of Attorney execution. |
| 2024/05/03 | Date of stock transactions (vesting of restricted stock units and settlement in common stock). |
| 2024/05/07 | Date of signature for the report. |
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