Director William Cobb granted 3,696 CarMax (NYSE: KMX) shares

Rhea-AI Filing Summary

COBB WILLIAM C reported acquisition or exercise transactions in this Form 4 filing.

CarMax director William C. Cobb reported a compensation-related stock award rather than an open-market trade. On June 26, 2026, he received 3,696 shares of CarMax common stock at $0.00 per share, increasing his direct holdings to 3,696 shares.

The filing also lists 300 shares of common stock held indirectly through the William & Carole Cobb 2000 Family Trust. This Form 4 reflects an equity grant and existing indirect holdings, not a purchase or sale in the market.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider COBB WILLIAM C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,696	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 3,696 shares (Direct, null); Common Stock — 300 shares (Indirect, William & Carole Cobb 2000 Family Trust)

Footnotes (1)

Key Figures

Stock grant size: 3,696 shares Grant price: $0.00 per share Direct holdings after grant: 3,696 shares +1 more

4 metrics

Stock grant size 3,696 shares Common Stock grant on June 26, 2026

Grant price $0.00 per share Equity award price for 3,696 shares

Direct holdings after grant 3,696 shares Total directly owned Common Stock after transaction

Indirect trust holdings 300 shares Held via William & Carole Cobb 2000 Family Trust

Key Terms

Grant, award, or other acquisition, Common Stock, indirect ownership, Form 4

4 terms

Grant, award, or other acquisition financial

"transaction code description is "Grant, award, or other acquisition""

Common Stock financial

"security_title": "Common Stock" for the reported transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

indirect ownership financial

"ownership_type": "indirect" with nature_of_ownership as a family trust"

Form 4 regulatory

"INSIDER FILING DATA (Form 4): { "issuerName": "CARMAX INC""

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 05:09 PM Accepted by SEC EDGAR 06/29/2026 - 05:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

COBB WILLIAM C

(Last) (First) (Middle)

12800 TUCKAHOE CREEK PARKWAY

(Street)

RICHMOND VIRGINIA 23238

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CARMAX INC [ KMX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/26/2026		A		3,696	A	$0	3,696	D
Common Stock								300	I	William & Carole Cobb 2000 Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Christine Carter, attorney-in-fact	06/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CarMax (KMX) director William C. Cobb report?

Director William C. Cobb reported receiving a grant of 3,696 shares of CarMax common stock. The award was recorded at $0.00 per share, indicating a compensation-related equity grant rather than an open-market purchase, and increased his directly held stake in the company.

How many CarMax (KMX) shares does William C. Cobb hold after this Form 4?

After the reported grant, William C. Cobb directly holds 3,696 shares of CarMax common stock. The filing also shows 300 additional shares held indirectly through the William & Carole Cobb 2000 Family Trust, providing a snapshot of both his direct and indirect ownership positions.

Was the CarMax (KMX) Form 4 for William C. Cobb a market buy or sell?

The Form 4 shows a grant of 3,696 CarMax shares at $0.00 per share, classified as a “Grant, award, or other acquisition.” This indicates a compensation-related stock award, not an open-market purchase or sale, so no trading price or proceeds are involved.

What does the indirect ownership entry mean in the CarMax (KMX) Form 4?

The Form 4 includes 300 CarMax common shares reported as indirectly owned through the William & Carole Cobb 2000 Family Trust. This indicates those shares are held by the trust rather than directly in Cobb’s name, but are still reportable under insider ownership rules.

What transaction code is used in William C. Cobb’s CarMax (KMX) Form 4?

The key transaction uses code “A,” described as a grant, award, or other acquisition of 3,696 CarMax common shares. This code signals the shares were received through a company-related equity award, distinguishing it from open-market purchases (code P) or sales (code S).