Barr Keith 4

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.