{"schema_version":"secwatch.filing_event.v1","accession":"0000929638-24-000385","form_type":"8-K","ticker":null,"cik":"0001654238","company_name":"EFCAR, LLC","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.992893+00:00","generated_at":"2026-06-06T08:12:00.994601+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Trust agreement amendment lowers minimum certificate denomination to $1,001","bullets":["Minimum denomination for certificates reduced from prior amount to $1,001 plus $1 increments.","Transfer restrictions updated with expanded group and beneficial ownership rules per Treasury Regs.","Depositor or Servicer, not Owner Trustee, responsible for Corporate Transparency Act compliance.","Amendment effective Feb 1, 2024; executed by EFCAR, LLC and Wilmington Trust Company."],"urls":{"canonical":"https://secwatch.observer/filing/0000929638-24-000385","json":"https://secwatch.observer/filing/0000929638-24-000385.json","markdown":"https://secwatch.observer/filing/0000929638-24-000385.md","text":"https://secwatch.observer/filing/0000929638-24-000385.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654238/000092963824000385/0000929638-24-000385-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654238/000092963824000385/eart2021-2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:12:00.994601+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"388258e406f45602dd71cc2e1cb2e692fde8126b","claim":"EFCAR, LLC: Amended trust agreement to change minimum denomination of certificates from $100,000 to $1,001 and make related amendments (effective 2024-02-01).","evidence_excerpt":"On February 1, 2024, EFCAR, LLC and Wilmington Trust Company entered into Amendment No. 2, dated as of February 1, 2024, to that certain Amended and Restated Trust Agreement of Exeter Auto Receivables Trust 2021-2, dated as of April 30, 2021, for the purpose of changing the minimum denomination of the certificates and making certain other related amendments thereto.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654238/000092963824000385/0000929638-24-000385-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-02-01"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}