secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX INC (KMX)
CIK:        0001170010
Form:       8-K
Filed at:   2026-06-24T20:38:09+00:00
Accession:  0001170010-26-000057
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1170010/000117001026000057/0001170010-26-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1170010/000117001026000057/kmx-20260623.htm
  HTML page:      https://secwatch.observer/filing/0001170010-26-000057

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