SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.
Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.
| Insider | Role | Date | Transaction | Shares | Value |
|---|---|---|---|---|---|
| Bensen Peter J | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| COBB WILLIAM C | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| Chawla Sona | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| FOLLIARD THOMAS J | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| KESSLER JAMES FRANCIS | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| McCreight David W. | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| ONeil Mark F | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| OShaughnessy Robert | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| Satriano Pietro | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| Shinder Marcella | Director | 2026-06-26 | Grant/award | 3696 | $0 |
| Chawla Sona | Director | 2026-06-25 | Open-market buy | 2000 | $107K |
| Shinder Marcella | Director | 2026-06-25 | Open-market buy | 574 | $30K |
| ONeil Mark F | Director | 2026-06-24 | Open-market buy | 4800 | $251K |
| ONeil Mark F | Director | 2026-06-24 | Open-market buy | 4800 | $251K |
| FOLLIARD THOMAS J | Director | 2026-06-23 | Option exercise | 14855 | $771K |
| FOLLIARD THOMAS J | Director | 2026-06-23 | Tax withholding | 3618 | $188K |
| Barr Keith | President and CEO, Director | 2026-06-22 | Open-market buy | 9400 | $498K |
| Bensen Peter J | Director | 2026-06-22 | Open-market buy | 2500 | $130K |
| Cafritz Diane L | EVP, Chief Innov & People Off | 2026-05-01 | Tax withholding | 1015 | $39K |
| Daniels Jon G | EVP, CAF | 2026-05-01 | Tax withholding | 822 | $32K |
Fiscal period ending 2026-02-28 versus 2025-02-28 — view filing on EDGAR →
A CEO transition paired with active cost-reduction initiatives and a live proxy contest materially elevates operational and governance risk simultaneously. Securities litigation has moved from hypothetical to actual, and deteriorating affordability conditions are compressing customer purchasing power. The risk profile has worsened across four distinct themes with no offsetting easing.
3 company-specific · 1 common-mode
New disclosure of cost-reduction initiatives, workforce reductions, and leadership transition risks under new CEO. Escalates from generic retention concerns to specific operational disruption risks.
Our success depends upon the continued contributions of our associates. Our associates are critical to our success, and our culture is an important differentiator. Cost-reduction initiatives…
New disclosure of actual activist shareholder engagement and proxy contest risk. Material governance threat with concrete operational and financial consequences: management distraction, costs, talent retention, and stock price impact.
Our business and operations could be negatively affected by actions of activist shareholders against us, which could cause us to incur significant expense, hinder execution of business and growth…
Change shifts from hypothetical to actual: company has experienced stock volatility and securities litigation. Concrete history of litigation is material.
GENERAL RISKS The market price of our common stock has been and may continue to be volatile and could expose us to securities class action litigation. The price of our common stock has been and may…
Added explicit disclosure of affordability risk from rising prices and interest rates, reflecting worsened market conditions affecting customer purchasing power.
Our business is sensitive to changes in the prices of new and used vehicles. Any significant changes in retail prices for new and used vehicles could have a material adverse effect on our sales and…
Diane Cafritz, Executive Vice President and Chief Innovation and People Officer, is departing CarMax effective December 31, 2026. While the filing also discloses severance and consulting arrangements, the principal disclosed action is the executive's departure. The material nature is supported by her senior officer status and the significant severance package (1.5x base salary plus full-year FY2027 bonus plus consulting fees totaling $360,500).
View raw filing on EDGAR →CarMax held its Annual Meeting of Shareholders on June 23, 2026, with voting results including election of directors, ratification of KPMG LLP as auditors, approval of the executive compensation advisory resolution, and approval of amendments to the 2002 Stock Incentive Plan.
View raw filing on EDGAR →CarMax issued a press release on June 17, 2026, announcing first quarter financial results for the period.
View raw filing on EDGAR →CarMax entered into a $500 million term loan credit agreement with MUFG Bank on June 15, 2026, establishing a three-year term facility with customary covenants and interest terms.
View raw filing on EDGAR →The filing discloses two executive events: the retirement of Jill Livesay (Vice President, Controller and Principal Accounting Officer) effective July 31, 2026, and the appointment of Enrique N. Mayor-Mora as Principal Accounting Officer effective upon Livesay's retirement. While both a departure and appointment occur, the principal disclosed action centers on the appointment of Mayor-Mora to the PAO role, with detailed background on his 15-year tenure and career progression at CarMax. The appointment of a principal accounting officer is material to investors as it affects financial reporting oversight and internal controls.
View raw filing on EDGAR →