COBB WILLIAM C 4

What Happened
William C. Cobb, a director of CarMax, received an award of 3,696 shares on June 26, 2026. The Form 4 reports the shares as an "A" (award/grant/acquisition) at an acquisition price of $0, so the filing shows no cash exchanged for these shares. This was an award, not an open-market purchase or sale, and is typically part of compensation or director equity programs rather than a trading decision.

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-29
• Transaction type/code: Award/grant (A)
• Shares acquired: 3,696; reported acquisition price: $0; total cash value on Form 4: $0
• Shares owned after transaction: Not specified in the filing
• Footnotes/conditions: None disclosed on the reported transaction
• Timeliness: Filing date is 2026-06-29 for a 6/26 transaction; the Form 4 does not indicate a late-filing flag

Context
"A" transactions often reflect equity compensation (e.g., restricted stock or RSU settlement) and do not necessarily signal insider buying or selling intent. The filing does not state vesting or restriction details; any future sale of vested shares would be reported separately. Retail investors should view director awards as routine compensation unless accompanied by open-market purchases or sales that might indicate a different sentiment.