William D Nash - 11 Jul 2024 Form 4 Insider Report for CARMAX INC (KMX)

Signature
Christine Carter, attorney-in-fact
Issuer symbol
KMX
Transactions as of
11 Jul 2024
Net transactions value
-$1,989,600
Form type
4
Filing time
12 Jul 2024, 16:10:29 UTC
Previous filing
07 May 2024
Next filing
24 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMX Common Stock Options Exercise $7,564,800 +120,000 +66% $63.04 301,683 11 Jul 2024 Direct
transaction KMX Common Stock Sale $9,554,400 -120,000 -40% $79.62 181,683 11 Jul 2024 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 -120,000 -50% $0.000000 120,513 11 Jul 2024 Common Stock 120,000 $63.04 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 $79.32 to $79.88. 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, 2019, May 1, 2020, May 1, 2021 and May 1, 2022 and are now fully exercisable.