---
schema_version: "secwatch.filing_event.v1"
accession: "0001170010-25-000020"
form_type: "8-K"
ticker: "KMX"
cik: "0001170010"
company_name: "CARMAX INC"
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:34:22.606058+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CarMax director Blaylock to not stand for reelection; Bylaws amended to allow 20% shareholder special meetings

## Summary
- Ronald E. Blaylock informed company he will not stand for reelection to the Board at 2025 annual meeting; no disagreement.
- Board amended Bylaws to allow shareholders owning at least 20% of common stock to call special meetings, effective immediately.
- Amendment subject to notice, information, and other requirements detailed in the Amended Bylaws.

## SEC filing metadata
- accession: 0001170010-25-000020
- form_type: 8-K
- ticker: KMX
- cik: 0001170010
- company_name: CARMAX INC
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1170010/000117001025000020/0001170010-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1170010/000117001025000020/kmx-20250128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001170010-25-000020
- JSON: https://secwatch.observer/filing/0001170010-25-000020.json
- Plain text: https://secwatch.observer/filing/0001170010-25-000020.txt

## Key facts
- Executive change
  Ronald E. Blaylock departed as Director at CARMAX INC.
  - Action: not stand for reelection
  - Role: Director
  source text: On January 28, 2025, Ronald E. Blaylock, a member of the board of directors (the “Board”) of CarMax, Inc. (the “Company”), informed the Company that he would not stand for reelection as a member of the Board at the Company’s 2025 annual meeting of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1170010/000117001025000020/0001170010-25-000020-index.htm
- Governance Changes
  CARMAX INC: Amended and restated Bylaws to enable holders of at least 20% of common stock to call a special meeting, subject to requirements (effective 2025-01-28).
  - Change: bylaw amendment
  - Effective: 2025-01-28
  source text: On January 28, 2025, the Board amended and restated the Company’s Bylaws (the “Amended Bylaws”), effective immediately, to enable shareholders of record who own at least 20% of the Company’s common stock to call a special meeting of shareholders, subject to certain notice, information and other requirements set forth in the Amended Bylaws.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1170010/000117001025000020/0001170010-25-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.