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Shamim Mohammad, insider at CarMax
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Shamim Mohammad Insider Information

EVP of CarMax
Shamim Mohammad is the Senior Vice President, Chief Information and Technology Officer at Richmond-based CarMax, the nation’s largest retailer of used cars. He leads CarMax’s technology organization and is responsible for the strategic use of technology throughout the company. He reports directly to CarMax’s CEO and is a key member of the senior executive team.

CarMax is a high-integrity customer experience company known for disrupting the automotive industry by providing customers the transparent and no-haggle experience they deserve. CarMax is disrupting the industry a second time: through technology-fueled experiences and by empowering customers to buy a car on their terms, whether that’s completely from home, in store, or a seamless combination of both. Shamim and his teams have been instrumental in CarMax’s digital transformation in all areas of the business, including bringing a true omni-channel experience to CarMax customers, developing world-class supply chain capabilities and leveraging machine learning and artificial intelligence to power the business. As a culture ambassador, Shamim is particularly proud of CarMax’s recognition as one of Fortune Magazine’s 100 Best Companies to Work For®, sixteen years in a row.

Shamim serves on the Board for the YMCA of Greater Richmond, which serves 225,000+ people across 17 locations. He also serves on the advisory boards of RVATech, CodeRVA and the VCU Information Systems department. Shamim previously served on the boards of the National Kidney Foundation (Dallas), the Society for Information Management (Dallas and Boston) and the Institute of Management Accountants (Dallas).

Shamim is a sought-after thought leader and speaker, and his work has been referenced in some of the top media outlets. Shamim has been recognized for leadership and excellence in technology. In 2020, MIT Sloan selected Shamim as the recipient of the highly respected CIO Leadership Award, which recognizes CIOs who lead their organizations to deliver exemplary levels of business value through the innovative use of technology. In 2019, Shamim was recognized as the Capital CIO of the Year by the Capital CIO Leadership Association. The UVA’s McIntire School honored Shamim with the Technology Leader award in 2019. Finally, in 2017, CarMax was recognized as one of the CIO Magazine’s Top 100 companies for innovative use of technology to drive business value.

Shamim earned his MBA from Northwestern University (Kellogg). He received his BS in Computer Science from Angelo State University. He is a registered CPA in Illinois.

A father of two college girls, Shamim enjoys travel, golf, and is passionate about improving health and education access in the United States and around the world.

What is Shamim Mohammad's net worth?

The estimated net worth of Shamim Mohammad is at least $4.56 million as of July 21st, 2021. Mr. Mohammad owns 31,954 shares of CarMax stock worth more than $4,559,197 as of December 5th. This net worth estimate does not reflect any other assets that Mr. Mohammad may own. Learn More.

How do I contact Shamim Mohammad?

The corporate mailing address for Mr. Mohammad and other CarMax executives is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. CarMax can also be reached via phone at (804) 747-0422 and via email at [email protected]

Has Shamim Mohammad been buying or selling shares of CarMax?

Shamim Mohammad has not been actively trading shares of CarMax during the last quarter. Most recently, Mohammad Shamim sold 22,434 shares of the business's stock in a transaction on Wednesday, July 21st. The shares were sold at an average price of $135.64, for a transaction totalling $3,042,947.76. Following the completion of the sale, the executive vice president now directly owns 31,954 shares of the company's stock, valued at $4,334,240.56.

Are insiders buying or selling shares of CarMax?

During the last twelve months, insiders at the sold shares 26 times. They sold a total of 925,010 shares worth more than $115,044,705.36. The most recent insider tranaction occured on August, 3rd when CMO James Lyski sold 63,129 shares worth more than $8,809,020.66. Insiders at CarMax own 1.8 % of the company.

Information on this page was last updated on 8/3/2021.

Shamim Mohammad Insider Trading History at CarMax

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/21/2021Sell22,434$135.64$3,042,947.7631,954View SEC Filing Icon  
7/15/2021Sell26,097$131.11$3,421,577.67View SEC Filing Icon  
7/26/2019Sell13,894$90.39$1,255,878.6616,718View SEC Filing Icon  
6/25/2019Sell15,782$83.88$1,323,794.1618,606View SEC Filing Icon  
10/1/2018Sell34,142$74.16$2,531,970.72View SEC Filing Icon  
6/27/2018Sell8,556$75.44$645,464.647,155View SEC Filing Icon  
10/4/2017Sell1,300$76.10$98,930.00View SEC Filing Icon  
7/28/2017Sell13,938$66.08$921,023.049,218View SEC Filing Icon  
1/4/2017Sell30,404$67.02$2,037,676.087,216View SEC Filing Icon  
10/5/2015Sell2,676$60.21$161,121.96View SEC Filing Icon  
5/11/2015Sell5,491$71.69$393,649.79View SEC Filing Icon  
4/9/2015Sell6,723$73.72$495,619.56View SEC Filing Icon  
12/23/2014Sell10,116$67.66$684,448.56View SEC Filing Icon  
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Shamim Mohammad Buying and Selling Activity at CarMax

This chart shows Mohammad Shamim's buying and selling at CarMax by year and by quarter.

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CarMax Company Overview

CarMax logo
CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operator. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment comprises of all aspects of its auto merchandising and service operations. The CAF segment pertains to its finance operation, which offers vehicle financing services to customers buying retail vehicles. The company was founded by Richard L. Sharp and William Austin Ligon in 1993 and is headquartered in Richmond, VA.
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Today's Range

Now: $142.68
Low: $141.24
High: $145.63

50 Day Range

MA: $141.34
Low: $122.54
High: $154.85

2 Week Range

Now: $142.68
Low: $90.29
High: $155.98


776,891 shs

Average Volume

857,743 shs

Market Capitalization

$23.13 billion

P/E Ratio


Dividend Yield



Learn to Customize Your Own Options Trading Strategy
This guide will help you evaluate and analyze your trading plan to create a custom options trading strategy tailored to your risk profile and market outlook. Learn how to take your trading to the next level.
Download your FREE Options Strategy Guide Today!