Company: KMX
Filing Date: 2025-05-08
Form Type: DEF 14A
Source: 0001170010-25-000073
Chunk: 61

Company: CARMAX INC
Filing Date: 2025-05-08
Form: DEF 14A
Chunk 61
---
     |                                                                  10,133 |     | *                 |
| Marcella Shinder                                             |     |           4,410 |     |                                                                  13,743 |     | *                 |
| Mitchell D. Steenrod                                         |     |           4,410 |     |                                                                  22,144 |     | *                 |
| All directors and executive officers as a group (19 persons) |     |       2,061,590 |     |                                                               2,597,217 |     | 1.70%             |

* Represents beneficial ownership of less than one percent of the 152,833,478 shares of CarMax common stock outstanding on March 31, 2025.

(a) In addition to shares of CarMax common stock beneficially owned on March 31, 2025, includes (i) shares of CarMax common stock that could be acquired through the exercise of stock options within 60 days after March 31, 2025, (ii) shares of CarMax common stock that will be acquired upon the May 2, 2025 settlement of the PSUs granted to certain officers on May 2, 2022, and (iii) shares of CarMax common stock that could be acquired by certain directors upon the settlement of restricted stock units for which settlement has been deferred until retirement from the Board. Each of the PSUs has been converted to shares of CarMax common stock based upon the actual performance to the goals set by the Compensation and Personnel Committee. Each director restricted stock unit is converted into one share of CarMax common stock upon settlement.

(b) Does not include vested restricted stock units held by non-employee directors (“DSUs”) for which payment has been deferred until the January 1 following the holding director’s retirement from the Board. At the end of the deferral period, one share will be issued for each DSU. The following directors hold the listed number of DSUs excluded from the table for this reason: Mr. Bensen (9,555), Ms. Chawla (9,925), Ms. Goodman (2,021), Mr. McCreight (7,142), Mr. Satriano (3,429), Ms. Shinder (5,325) and Mr. Steenrod (7,535).

#### 66
(c) Mr. Nash is also a director of CarMax.

(d) 15,895 shares held indirectly by Mr. O’Neil’s spouse in a revocable