secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2025-06-26T23:59:59+00:00
Accession:  0001170010-25-000086
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud

CarMax shareholders elect directors, ratify auditor, approve say-on-pay, reject special meeting proposal
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- Shareholders elected 10 directors including Peter J. Bensen (124.6M for) and Sona Chawla (124.4M for) for one-year terms.
- Auditor KPMG LLP ratified for fiscal 2026 with 131.6M votes for, 8.2M against.
- Non-binding advisory say-on-pay resolution approved with 110.9M for, 15.4M against, 11.6M broker non-votes.
- Shareholder proposal for special meeting right failed with 46.4M for, 80.8M against.
- Meeting held June 24, 2025; broker non-votes of 11.6M on each director and certain proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001025000086/0001170010-25-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001025000086/kmx-20250624.htm
  HTML page:      https://secwatch.observer/filing/0001170010-25-000086

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