CarMax Insider Tuite Tyler Reports Ownership Change on March 22, 2026

TL;DR

**CarMax insider Tuite Tyler filed a Form 4, signaling a change in their stock ownership.**

AI Summary

This Form 4 filing, dated March 24, 2026, indicates that Tuite Tyler, an insider at CarMax Inc. (CIK: 0001170010), has reported changes in their beneficial ownership of CarMax securities. While the specific transaction details (buy/sell, number of shares, price) are not provided in this summary, the filing itself signals that an insider's stake has been adjusted. This matters to investors because insider transactions can sometimes signal management's confidence (or lack thereof) in the company's future performance, potentially influencing stock price movements.

Why It Matters

Insider transactions can provide clues about how those closest to the company view its prospects, which can be a valuable data point for investors.

Risk Assessment

Risk Level: low — This filing is purely informational, reporting a change in insider ownership, and does not inherently pose a direct risk to the company or its stock.

Analyst Insight

An investor should review the full Form 4 document to understand the specific details of Tuite Tyler's transaction (e.g., buy or sell, number of shares, price) to gauge potential insider sentiment towards CarMax Inc. stock.

Key Players & Entities

• Tuite Tyler (person) — Reporting Person, insider at CarMax Inc.
• CarMax Inc. (company) — Issuer of the securities
• 0001170010 (company) — CarMax Inc.'s CIK
• 0002028856 (person) — Tuite Tyler's CIK

Forward-Looking Statements

• The full Form 4 document will detail the specific nature and quantity of shares transacted by Tuite Tyler. (Tuite Tyler) — high confidence, target: 2026-03-24

FAQ

Filing Documents

• wk-form4_1774390806.html (4)
• wk-form4_1774390806.xml (4) — 10KB
• 0001170010-26-000015.txt ( ) — 12KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 X Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Tuite Tyler (Last) (First) (Middle) 12800 TUCKAHOE CREEK PARKWAY (Street) RICHMOND VIRGINIA 23238 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol CARMAX INC [ KMX ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP & Chief Product Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/22/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/22/2026 M 611 (1) A (2) 1,469 D Common Stock 03/22/2026 M 195 (3) A (4) 1,664 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units (1) (2) 03/22/2026 M 986 (5) (5) Common Stock 611 $ 0 0 D Restricted Stock Units (3) (4) 03/22/2026 M 308 (5) (5) Common Stock 195 $ 0 0 D Explanation of Responses: 1. As reported on a Form 3 filed July 2, 2024, the Reporting Person was previously granted 1,478 restricted stock units, which are referred to by the Company as market stock units (MSUs), in accordance with the terms of the Form of Notice of Market Stock Unit Grant filed as Exhibit 10.55 to the Company's Annual Report on Form 10-K filed on April 21, 2020. In accordance with the terms of the applicable award agreement, on March 22, 2026, 986 MSUs vested and the remaining 492 MSUs were forfeited. In accordance with the terms of the applicable award agreement, the Reporting Person is entitled to receive 611 shares of Company common stock, which will not be distributed to the Reporting Person until at least six months after March 22, 2026. 2. Following vesting of the MSUs, the Reporting Person is entitled to receive approximately 0.619183 times the number of vested MSUs in shares of Company common stock. 3. As reported on a Form 3 filed July 2, 2024, the Reporting Person was previously granted 462 MSUs, in accordance with the terms of the Form of Notice of Market Stock Unit Grant filed as Exhibit 10.55 to the Company's Annual Report on Form 10-K filed on April 21, 2020. In accordance with the terms of the applicable award agreement, on March 22, 2026, 308 MSUs vested and the remaining 154 MSUs were forfeited. In accordance with the terms of the applicable award agreement, the Reporting Person is entitled to receive 195 shares of Company common stock, which will not be distributed to the Reporting Person until at least six months after March 22, 2026. 4. Following vesting of the MSUs, the Reporting Person is entitled to receive approximately 0.632555 times the number of vested MSUs in shares of Company common stock. 5. The MSUs vested on March 22, 20

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