Barr Keith 4
4 · CARMAX INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
CarMax CEO Keith Barr Receives 64,114 MSUs
What Happened Keith Barr, President and CEO (also a Director) of CarMax, received a grant of 64,114 restricted stock units (referred to by the company as market stock units, or MSUs) on May 1, 2026. The grant price is $0.00 (no cash exchanged at grant). These are derivative awards that will convert into shares of CarMax common stock upon vesting; the actual number of shares issued at payment can range from zero up to two times the number of MSUs.
Key Details
- Transaction date and type: 2026-05-01 — Award/grant of 64,114 MSUs (code A), grant price $0.00.
- Filing date: Form 4 filed 2026-05-05 (appears to be timely).
- Shares owned after transaction: Not stated in this filing.
- Notable footnotes: The MSUs will be issued following vesting per the Company’s MSU grant terms; payout is variable (minimum 0, maximum 2x the MSUs). The MSUs vest on May 1, 2029.
Context This was an equity compensation award (long-term incentive), not an open-market purchase or sale — no cash changed hands at grant and no shares were sold. Such awards are standard executive compensation intended to align pay with future performance and retention; they do not by themselves indicate current buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-01+64,114→ 64,114 total→ Common Stock
Footnotes (2)
- [F1]Shares of Company common stock will be issued to the Reporting Person following vesting of the restricted stock units, which are referred to by the Company as market stock units (MSUs), in accordance with the terms of the Form of Notice of Market Stock Unit Grant filed as Exhibit 10.22 to the Company's Annual Report on Form 10-K filed on April 15, 2024. The minimum number of shares of Company common stock that will be issued to the Reporting Person at payment is zero, and the maximum number of shares of Company common stock that will be issued at payment is two times the number of MSUs.
- [F2]The restricted stock units shall vest on May 1, 2029.