Darren C. Newberry - 01 May 2024 Form 4 Insider Report for CARMAX INC (KMX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 May 2024, 16:33:24 UTC
Prior SEC filing
12 Apr 2024
Next SEC filing
07 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Christine Carter, attorney-in-fact

Key filing fact

Darren C. Newberry filed Form 4 for CARMAX INC (KMX) on 03 May 2024.

Key facts

  • This page summarizes Darren C. Newberry's Form 4 filing for CARMAX INC (KMX).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 03 May 2024, 16:33.

Change

  • Previous filing in this sequence was filed on 12 Apr 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KMX transaction Derivative

Stock Options (Right to Buy)

Award

Transaction value
$0
Shares
+20,452
Change %
Price
$0.000000
Shares after
20,452
Date
01 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,452
Exercise price
$67.21
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The stock options were granted in tandem with stock appreciation rights (SARS). Accordingly, the exercise of one results in the surrender to the Company of the other. The SARS become exercisable only following a change in control of the Company as set forth in the Company's 2002 Stock Incentive Plan, as amended and restated. Once exercisable, the SARS would entitle the Reporting Person to receive the cash value of the options in lieu of exercising the options.

Footnote F2

The stock options become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2025, May 1, 2026, May 1, 2027 and May 1, 2028.

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