William D Nash - 26 Dec 2023 Form 4 Insider Report for CARMAX INC (KMX)

Role: President & CEO, Director
Signature: Christine Carter, attorney-in-fact
Issuer symbol: KMX
Transactions as of: 26 Dec 2023
Net transactions value: -$1,717,370
Form type: 4
Filing time: 28 Dec 2023, 16:28:34 UTC
Previous filing: 05 Jul 2023
Next filing: 12 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KMX	Common Stock	Options Exercise	$6,000,004	+102,775	+58%	$58.38	279,955	26 Dec 2023	Direct
transaction	KMX	Common Stock	Sale	$7,717,375	-102,775	-37%	$75.09	177,180	26 Dec 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KMX	Stock Options (Right to Buy)	Options Exercise	$0	-102,775	-100%	$0.000000^*	0	26 Dec 2023	Common Stock	102,775	$58.38	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares with respect to this transaction were sold at prices ranging from $74.76 to $75.63. Upon request, the Reporting Person will provide the Securities and Exchange Commission staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2	The stock options became exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2018, May 1, 2019, May 1, 2020 and May 1, 2021 and are now fully exercisable.