Wilson Charles Joseph 4
4 · CARMAX INC · Filed May 5, 2025
Insider Transaction Report
Form 4
CARMAX INCKMX
Wilson Charles Joseph
EVP and COO
Transactions
- Tax Payment
Common Stock
2025-05-02$66.71/sh−662$44,162→ 19,402 total - Award
Stock Options (Right to Buy)
2025-05-01+39,077→ 39,077 totalExercise: $65.52Exp: 2032-05-01→ Common Stock (39,077 underlying)
Footnotes (2)
- [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.
- [F2]The stock options become exercisable with respect to one-fourth of the underlying shares of Common Stock on each of May 1, 2026, May 1, 2027, May 1, 2028 and May 1, 2029.