secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2026-05-12T20:47:50+00:00
Accession:  0001170010-26-000048
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax nominates Robert O'Shaughnessy to board; Goodman and Steenrod retiring
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- O'Shaughnessy, former PulteGroup CFO, nominated to CarMax board subject to shareholder approval at 2026 annual meeting.
- Shira Goodman and Mitchell Steenrod not standing for re-election; departures not due to disagreement with company.
- O'Shaughnessy will serve on Audit Committee if elected; board to have 11 directors (9 independent).
- Tom Folliard remains non-executive Chair; Mark O'Neil becomes Lead Independent Director after annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001026000048/0001170010-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001026000048/kmx-20260512.htm
  HTML page:      https://secwatch.observer/filing/0001170010-26-000048

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