secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001170010-23-000118
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax amends bylaws to adopt universal proxy rules and clarify meeting procedures
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- Adopted universal proxy rules, requiring evidence of compliance and allowing disregard of non-compliant nominations.
- Specified color of proxy cards reserved for Company use under universal proxy rules.
- Clarified that the chair of a shareholders' meeting has power to recess or adjourn.
- Made various technical, clarifying and conforming updates to the bylaws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001023000118/0001170010-23-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001023000118/kmx-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001170010-23-000118

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