---
schema_version: "secwatch.filing_event.v1"
accession: "0001170010-26-000057"
form_type: "8-K"
ticker: "KMX"
cik: "0001170010"
company_name: "CARMAX INC"
filed_at: "2026-06-24T20:38:09+00:00"
generated_at: "2026-06-24T20:40:21.854346+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# CarMax shareholders approve 2002 Stock Incentive Plan amendments, adding 1.842M shares

## Summary
- Shareholders approved amendments to the 2002 Stock Incentive Plan, increasing authorized shares by 1,842,000 to 63,692,000 total.
- Amendments add minimum one-year vesting (with 5% exception), prohibit dividends on unvested awards, and extend plan term to June 23, 2036.
- All 11 director nominees elected; Thomas J. Folliard received lowest support (95.4% of votes cast).
- KPMG ratified as auditor for FY2027 with 98.4% approval; say-on-pay approved with 95.0% of votes cast.
- Plan amendment approved with 96.7% of votes cast excluding broker non-votes.

## SEC filing metadata
- accession: 0001170010-26-000057
- form_type: 8-K
- ticker: KMX
- cik: 0001170010
- company_name: CARMAX INC
- filed_at: 2026-06-24T20:38:09+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1170010/000117001026000057/0001170010-26-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1170010/000117001026000057/kmx-20260623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001170010-26-000057
- JSON: https://secwatch.observer/filing/0001170010-26-000057.json
- Plain text: https://secwatch.observer/filing/0001170010-26-000057.txt

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