8-K
filed June 28, 2023, 7:59 PM ET
ticker KMX
CIK 0001170010
other
confidence high
sentiment neutral
materiality 0.50
CarMax shareholders approve 2M-share increase to stock incentive plan; re-elect all directors
CARMAX INC
- Shareholders approved amendment increasing shares reserved under Stock Incentive Plan by 2,000,000, extending termination to June 27, 2033.
- All 11 director nominees elected; broker non-votes of 10,474,367 per director.
- Say-on-pay approved with 93,327,266 for (70.5%) vs 39,044,596 against; annual frequency advisory vote passes with 131,091,001 for.
- KPMG ratified as independent auditor for fiscal year 2024 with 139,880,849 votes for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CARMAX INC shareholders approved Election of Directors at the 2023-06-27 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
The shareholders elected the following directors to the Board, each for a one-year term expiring at the 2024 Annual Meeting of Shareholders, pursuant to the vote set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CARMAX INC shareholders approved Non-binding advisory resolution on compensation of named executive officers at the 2023-06-27 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
The shareholders approved the non-binding advisory resolution related to the compensation of our named executive officers pursuant to the vote set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CARMAX INC shareholders approved Approval of CarMax, Inc. 2002 Stock Incentive Plan, as amended and restated at the 2023-06-27 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
The shareholders approved the CarMax, Inc. 2002 Stock Incentive Plan, as amended and restated, pursuant to the vote set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CARMAX INC shareholders approved Ratification of selection of KPMG LLP as independent registered public accounting firm at the 2023-06-27 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
The shareholders ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2024 pursuant to the vote set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CARMAX INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-06-27 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
The shareholders voted as follows regarding the advisory vote as to the frequency of future advisory votes on the compensation of our named executive officers.
View on SEC.gov
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