●  CARMAX INC · FY 2025 

Executive Compensation

KMX
●  CARMAX INC · FY 2025 

Executive Compensation

Item 11. Executive Compensation.

The information required by this Item is incorporated by reference to the sections titled "Compensation Discussion and Analysis," "Compensation and Personnel Committee Report" and "Compensation Tables" in our 2025 Proxy Statement (provided that the Pay Versus Performance disclosure shall not be deemed to be incorporated by reference herein). Additional information required by this Item is incorporated by reference to the section titled "Director Compensation" in our 2025 Proxy Statement.