secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2021-08-06T23:59:59+00:00
Accession:  0001170010-21-000173
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CarMax COO Edwin Hill to retire Dec 31; Margolin signs consulting agreement
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- Edwin Hill, EVP and COO, plans to retire effective Dec 31, 2021; duties to be redistributed.
- Eric Margolin, retiring, signed consulting agreement for $10k/month from Sept 1, 2021 to Feb 28, 2022.
- Consulting agreement extends non-solicitation and non-compete covenants by additional six months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001021000173/0001170010-21-000173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001021000173/kmx-20210803.htm
  HTML page:      https://secwatch.observer/filing/0001170010-21-000173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer