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AI brief of an SEC Form 8-K · CarMax (KMX)

CarMax to add Robert O'Shaughnessy to board; Goodman and Steenrod to retire

Neutral Impact 3 of 5 leadership Written later

CarMax said it intends to add Robert O'Shaughnessy, a former PulteGroup executive and Penske Automotive Group CFO, to its Board of Directors, subject to shareholder approval at the 2026 Annual Meeting. Directors Shira Goodman and Mitchell Steenrod will not stand for re-election at that meeting, and the company said their decisions did not result from any disagreement with the company.

Key points

  • O'Shaughnessy, age 60, was Executive Vice President and Chief Financial Officer of PulteGroup, Inc. from May 2011 until February 2025, and retired from PulteGroup in March 2026.
  • The company expects O'Shaughnessy to serve on the Audit Committee if elected.
  • After the Annual Meeting, the Board will have 11 directors, nine of them independent.
  • Goodman and Steenrod will remain on the Board until their terms end at the Annual Meeting.

The filing

CompanyCarMax (KMX)
Form8-K, current report
Filed with the SECMay 12, 2026, 4:47 PM ET
Accession number0001170010-26-000048

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.