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David W. McCreight received $4.2M in total compensation as President and Chief Executive Officer of CARMAX INC in FY2026. The largest component was $3.6M in stock awards. That’s down 75% from FY2025. Source: SEC DEF 14A.
In fiscal year 2026, David W. McCreight, President and Chief Executive Officer of CARMAX INC (KMX), received total compensation of $4.2 million.
David W. McCreight's compensation breakdown includes: base salary of $300K, stock awards valued at $3.6 million, and other compensation of $309K.
Compared to fiscal year 2025, David W. McCreight's total compensation decreased 75% from $17.1 million to $4.2 million.
CARMAX INC's top 6 named executive officers received combined total compensation of $31.1 million in fiscal year 2026.
The named executive officers disclosed in CARMAX INC's 2026 proxy statement are:David W. McCreight (President and Chief Executive Officer) with total compensation of $4.2 million, William D. Nash (Former President and Chief Executive Officer) with total compensation of $14.2 million, Enrique N. Mayor-Mora (EVP and Chief Financial Officer) with total compensation of $3.3 million, Charles Joseph Wilson (EVP and Chief Operating Officer) with total compensation of $3.2 million, Diane L. Cafritz (EVP and Chief Innovation and People Officer) with total compensation of $3.2 million, and Shamim Mohammad (EVP and Chief Information and Technology Officer) with total compensation of $2.9 million.
Source Filing
Executive Record
David W. McCreight
President and Chief Executive Officer
Reported Pay
$4.2MSummary compensation table total · FY2026
Findings
Reviewing FY2026 compensation of $4.2M against +42% shareholder return and the latest filing-backed pay disclosures.
Spread between reported pay and stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for KMX.
Team view
6 executives
President and Chief Executive Officer
Total PayFY2026
$4.2M
Former President and Chief Executive Officer
Total PayFY2026
$14.2M
EVP and Chief Financial Officer
Total PayFY2026
$3.3M
EVP and Chief Operating Officer
Total PayFY2026
$3.2M
EVP and Chief Innovation and People Officer
Total PayFY2026
$3.2M
EVP and Chief Information and Technology Officer
Total PayFY2026
$2.9M
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01FY2026 total compensation breakdown
$4.2M total compensation
David W. McCreight earned $4.2M in FY2026— here's how that breaks down.
$3.6M
86% of total
$308.7K
7% of total
$300.0K
7% of total
Activity timeline · FY2026
Recent events from filings
May 12, 2026
Severance Agreement | Severance Multiples: Standard severance for Non-PEO NEOs is 1.5x the sum of base salary and target bonus upon termination without cause or for good reason.; Benefits Duration: Entitled to 18 months of continued health and welfare benefit coverage.; CIC Trigger: Change-in-control benefits are double-trigger, requiring both a control change and a qualifying termination.; Bonus: Entitled to a pro-rated annual bonus for the year of termination.; Covenants: Subject to non-competition and non-solicitation restrictions for 18 months following termination.
May 12, 2026
Enrique N. Mayor-Mora Equity award
May 12, 2026
Charles Joseph Wilson Equity award
May 12, 2026
Diane L. Cafritz Equity award
May 12, 2026
Shamim Mohammad Equity award
May 12, 2026
William D. Nash Equity award
Mar 16, 2026
Offer Letter | Role: Appointed as President and CEO effective March 16, 2026.; Leadership Focus: Focused on driving sales, digital transformation, brand loyalty, and integrating online and physical properties.; Transition: Succeeded interim CEO David McCreight.
Dec 26, 2025
David W. McCreight stock (Grant FV $3,599,999)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the mid-cap median compensation benchmark for companies around $7.2B market cap, based on 475 peers in this size band.
03Recent insider trades by officers and directors
~32 trades
04Showing FY2026 data (latest available)
FY2027does not include director compensation in our current dataset, so we're showing the latest board table we found.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2026 | $0.30M | $0.00M | $3.60M | $0.00M | $0.31M | $4.21M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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CARMAX INC (KMX) — Key Facts
Last updated Jun 11, 2026 · DEF 14A filed May 12, 2026
| CEO | David W. McCreight, President and Chief Executive Officer |
|---|---|
| Fiscal year | FY2026 |
| Total compensation | $4.2M |
| Base salary | $300K |
| Stock awards | $3.6M |
| Other compensation | $309K |
| Year-over-year change | -75% |
| Source | DEF 14A, 2026-05-12 |
David W. McCreight, the President and Chief Executive Officer of CARMAX INC, received total compensation of $4.2 million in fiscal year 2026. This includes base salary of $300,000 and stock awards valued at $3.6 million.
David W. McCreight's base salary at CARMAX INC is $300,000 per year as of fiscal year 2026. However, total compensation including stock awards, bonuses, and other benefits is $4.2 million.
CARMAX INC's CEO, David W. McCreight, earned $4.2 million in total compensation for fiscal year 2026. The majority of this compensation comes from stock awards ($3.6 million) rather than base salary ($300,000).