In 2006, Austin Ligon earned $874.62K in total compensation at CarMax, including $408.89K salary and $375.41K bonus. Most recently sold 120,000 shares in Jul 2024. Currently holds stock worth $8.52M. Has donated $460.36K in stock to charitable causes. Led CarMax as CEO for 6 years.
Compensation History
Annual executive compensation data for Austin Ligon, including salary, bonuses, and stock awards.
Year
2006
Total Compensation
$874.62K
Salary
$408.89K
Bonus
$375.41K
Other
$90.31K
Salary
$408.89KBoard Justification
The compensation program is designed to attract and retain key executives while aligning their interests with the financial performance of the company.
Bonus
$375.41KBoard Justification
Pursuant to the terms of Mr. Ligon’s employment agreement and upon his retirement, he was paid a pro rata share of his target annual bonus.
Other Compensation
$90.31KBoard Justification
Includes benefits such as personal use of company plane, automobile allowance, and tax planning services.
Restricted Stock
Board Justification
No equity was awarded to Mr. Ligon in fiscal 2007 due to his pending retirement.
Performance Metrics
Performance metrics for the bonus plan are based on the company's financial performance, specifically pretax earnings.
Austin Ligon
Founder and Ex-CEO of CarMax
Education
N/A
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
January 1, 1954 - 71 years ago
CEO of CarMax for
6 years 5 months (Jan 2000 - Jun 2006)
Previous Experience
N/A
Other CarMax CEOs
Holdings
Track Austin Ligon's stock holdings and portfolio value over time.
Total Stock Sold
$102.95M
$102.95M
1,267,764.737 KMX shares
What if they kept their stock?
If Austin Ligon didn't sell their stock, today they would have:
Extra KMX1,267,764.737 shares worth $52.24M.
This is -49.25% and $50.71M less than what they got when they sold the stock.
Charitable Transactions
11,171 shares
KMX
Recent Charitable Transactions
1,500 shares
KMX
Jan 11, 2021
Charity
1,000 shares
KMX
Jan 7, 2021
Charity
1,100 shares
KMX
Jul 28, 2020
Charity
3,571 shares
KMX
Apr 22, 2019
Charity
2,000 shares
KMX
Oct 9, 2018
Charity
1,000 shares
KMX
Oct 17, 2017
Charity
Insider Trading
Austin Ligon's recent stock transactions, purchases, and sales filed with the SEC.
$9.55M
KMX at $79.62/share
Jul 11, 2024
Sale
9,817 shares
KMX
Apr 10, 2024
Received
$7.72M
KMX at $75.09/share
Dec 26, 2023
Sale
$14.08M
KMX at $82.51/share
Jul 3, 2023
Sale
561 shares
KMX
Apr 25, 2023
Received
$501.26K
KMX at $60.98/share
Dec 30, 2022
Purchase
24,578 shares
KMX
Apr 26, 2022
Received
7,421 shares
KMX
Apr 27, 2021
Received
$12.35M
KMX at $123.48/share
Jan 20, 2021
Sale
$6.23M
KMX at $106.23/share
Jan 12, 2021
Sale
Rivals
Compare Austin Ligon with competitor CEOs and industry peers.
Mike Jackson
CEO of AutoNation
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$0.00
Other
$112.74K
Total Holdings
$123.12M
Roger S. Penske
CEO of Penske Automotive Group
2021 Compensation
Stock
$7.50M
Salary
$1.40M
Bonus
$0.00
Other
$581.69K
Total Holdings
$47.77M
Elon Musk
Founder and CEO of Tesla, Inc.
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$171.47B
Bryan B. DeBoer
CEO of Lithia Motors
2023 Compensation
Stock
$3.98M
Salary
$1.30M
Bonus
$2.67M
Other
$7.26K
Total Holdings
$122.24M