CarMax DEF 14A: Executive Pay Details Revealed

Ticker: KMX · Form: DEF 14A · Filed: 2025-05-08T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, annual-report

Related Tickers: KMX

TL;DR

KMX DEF 14A out: exec comp details for FY25. Shareholders get the scoop.

AI Summary

CarMax Inc. filed its DEF 14A on May 8, 2025, detailing executive compensation for the fiscal year ending February 28, 2025. The filing includes information on stock awards, option awards, and changes in pension values for its named executive officers. This annual report provides shareholders with transparency into how executive pay is structured and awarded.

Why It Matters

This filing provides shareholders with crucial information regarding the compensation of CarMax's top executives, impacting corporate governance and investor confidence.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) disclosing executive compensation, which is standard for public companies and does not inherently indicate new risks.

Key Numbers

2025-02-28 — Fiscal Year End (The period covered by the compensation disclosures.)
2025-05-08 — Filing Date (Date the DEF 14A was submitted to the SEC.)

Key Players & Entities

CarMax Inc. (company) — Filer of the DEF 14A
0001170010-25-000073 (filing_id) — Accession Number for the filing
May 8, 2025 (date) — Filing Date
February 28, 2025 (date) — Fiscal Year End

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used by companies to solicit proxies from shareholders for annual or special meetings, and it provides detailed information on matters to be voted upon, including executive compensation.

What fiscal year does this CarMax DEF 14A filing cover?

This filing covers the fiscal year ending on February 28, 2025.

When was this CarMax DEF 14A filing submitted to the SEC?

The filing was submitted to the SEC on May 8, 2025.

What specific compensation elements are mentioned in relation to the fiscal year 2025 for CarMax?

The filing mentions 'ExclusionOfChangeInPensionValueMember', 'ExclusionOfStockAwardsAndOptionAwardsMember', and 'InclusionOfEquityValuesMember' for the fiscal year ending February 28, 2025.

What is CarMax Inc.'s Standard Industrial Classification (SIC) code?

CarMax Inc.'s SIC code is 5500, categorized under RETAIL-AUTO DEALERS & GASOLINE STATIONS.

From the Filing

0001170010-25-000073.txt : 20250508 0001170010-25-000073.hdr.sgml : 20250508 20250508163653 ACCESSION NUMBER: 0001170010-25-000073 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 39 CONFORMED PERIOD OF REPORT: 20250228 FILED AS OF DATE: 20250508 DATE AS OF CHANGE: 20250508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARMAX INC CENTRAL INDEX KEY: 0001170010 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services EIN: 541821055 STATE OF INCORPORATION: VA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-31420 FILM NUMBER: 25926917 BUSINESS ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY CITY: RICHMOND STATE: VA ZIP: 23238 BUSINESS PHONE: (804) 747-0422 MAIL ADDRESS: STREET 1: 12800 TUCKAHOE CREEK PARKWAY CITY: RICHMOND STATE: VA ZIP: 23238 DEF 14A 1 kmx-20250507.htm DEF 14A kmx-20250507 false 0001170010 DEF 14A iso4217:USD 0001170010 2024-03-01 2025-02-28 0001170010 2023-03-01 2024-02-29 0001170010 2022-03-01 2023-02-28 0001170010 2021-03-01 2022-02-28 0001170010 2020-03-01 2021-02-28 0001170010 kmx:ExclusionOfChangeInPensionValueMember ecd:PeoMember 2024-03-01 2025-02-28 0001170010 kmx:ExclusionOfStockAwardsAndOptionAwardsMember ecd:PeoMember 2024-03-01 2025-02-28 0001170010 kmx:InclusionOfEquityValuesMember ecd:PeoMember 2024-03-01 2025-02-28 0001170010 kmx:ExclusionOfChangeInPensionValueMember ecd:PeoMember 2023-03-01 2024-02-29 0001170010 kmx:ExclusionOfStockAwardsAndOptionAwardsMember ecd:PeoMember 2023-03-01 2024-02-29 0001170010 kmx:InclusionOfEquityValuesMember ecd:PeoMember 2023-03-01 2024-02-29 0001170010 kmx:ExclusionOfChangeInPensionValueMember ecd:PeoMember 2022-03-01 2023-02-28 0001170010 kmx:ExclusionOfStockAwardsAndOptionAwardsMember ecd:PeoMember 2022-03-01 2023-02-28 0001170010 kmx:InclusionOfEquityValuesMember ecd:PeoMember 2022-03-01 2023-02-28 0001170010 kmx:ExclusionOfChangeInPensionValueMember ecd:PeoMember 2021-03-01 2022-02-28 0001170010 kmx:ExclusionOfStockAwardsAndOptionAwardsMember ecd:PeoMember 2021-03-01 2022-02-28 0001170010 kmx:InclusionOfEquityValuesMember ecd:PeoMember 2021-03-01 2022-02-28 0001170010 kmx:ExclusionOfChangeInPensionValueMember ecd:PeoMember 2020-03-01 2021-02-28 0001170010 kmx:ExclusionOfStockAwardsAndOptionAwardsMember ecd:PeoMember 2020-03-01 2021-02-28 0001170010 kmx:InclusionOfEquityValuesMember ecd:PeoMember 2020-03-01 2021-02-28 0001170010 kmx:AverageExclusionOfChangeInPensionValueMember ecd:NonPeoNeoMember 2024-03-01 2025-02-28 0001170010 kmx:AverageExclusionOfStockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2024-03-01 2025-02-28 0001170010 kmx:AverageInclusionOfEquityValuesMember ecd:NonPeoNeoMember 2024-03-01 2025-02-28 0001170010 kmx:AverageExclusionOfChangeInPensionValueMember ecd:NonPeoNeoMember 2023-03-01 2024-02-29 0001170010 kmx:AverageExclusionOfStockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2023-03-01 2024-02-29 0001170010 kmx:AverageInclusionOfEquityValuesMember ecd:NonPeoNeoMember 2023-03-01 2024-02-29 0001170010 kmx:AverageExclusionOfChangeInPensionValueMember ecd:NonPeoNeoMember 2022-03-01 2023-02-28 0001170010 kmx:AverageExclusionOfStockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2022-03-01 2023-02-28 0001170010 kmx:AverageInclusionOfEquityValuesMember ecd:NonPeoNeoMember 2022-03-01 2023-02-28 0001170010 kmx:AverageExclusionOfChangeInPensionValueMember ecd:NonPeoNeoMember 2021-03-01 2022-02-28 0001170010 kmx:AverageExclusionOfStockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2021-03-01 2022-02-28 0001170010 kmx:AverageInclusionOfEquityValuesMember ecd:NonPeoNeoMember 2021-03-01 2022-02-28 0001170010 kmx:AverageExclusionOfChangeInPensionValueMember ecd:NonPeoNeoMember 2020-03-01 2021-02-28 0001170010 kmx:AverageExclusionOfStockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2020-03-01 2021-02-28 0001170010 kmx:AverageInclusionOfEquityValuesMember ecd:NonPeoNeoMember 2020-03-01 2021-02-28 0001170010 kmx:YearEndFairValueOfEq