{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-007372","form_type":"8-K","ticker":null,"cik":"0001974820","company_name":"Bridgecrest Auto Funding LLC","filed_at":"2026-01-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.913835+00:00","generated_at":"2026-05-16T07:08:38.776227+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Bridgecrest issues $46.36M Class E notes in BLAST 2026-1 auto loan ABS","bullets":["Issuer Bridgecrest Lending Auto Securitization Trust 2026-1 closed Jan 28, 2026, issuing six classes of Publicly Registered Notes and Class E Notes at rates from 3.906% to 6.63%.","Class E Notes aggregate principal amount $46,360,000 sold to Qualified Institutional Buyers under Rule 144A.","Underwriters for Publicly Registered Notes include Deutsche Bank, BMO Capital Markets, Citigroup, Fifth Third Securities, Wells Fargo.","Receivables transferred from Bridgecrest Acceptance Corporation to depositor Bridgecrest Auto Funding LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-007372","json":"https://secwatch.observer/filing/0001104659-26-007372.json","markdown":"https://secwatch.observer/filing/0001104659-26-007372.md","text":"https://secwatch.observer/filing/0001104659-26-007372.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/tm2533696d12_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:08:38.776227+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":"35769f815e7017772c89d2b792cb4e0556c13a06","claim":"Bridgecrest Auto Funding LLC entered into Asset Representations Review Agreement with Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Bridgecrest Acceptance Corporation, Clayton Fixed Income Services LLC valued at Review of certain representations relating to the Receivables after satisfaction of certain conditio (effective 2026-01-28).","evidence_excerpt":"On the Closing Date, the Issuer, the Grantor Trust, BAC, as sponsor and servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer, entered into an Asset Representations Review Agreement, dated as of the Closing Date (the “Asset Representations Review Agreement”), relating to the review of certain representations relating to the Receivables after satisfaction of certain conditions.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Bridgecrest Acceptance Corporation, Clayton Fixed Income Services LLC"},{"label":"Value","value":"Review of certain representations relating to the Receivables after satisfaction of certain conditio"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"},{"claim_id":"46c4caa046a8f57edd85a520788059cba7fabfa1","claim":"Bridgecrest Auto Funding LLC entered into Administration Agreement with Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Bridgecrest Acceptance Corporation, Computershare Trust Company, National Association valued at Provision of certain administration services by BAC (effective 2026-01-28).","evidence_excerpt":"Also, on the Closing Date, the Issuer, the Grantor Trust, BAC, as administrator, and the Indenture Trustee entered into an Administration Agreement, dated as of the Closing Date (the “Administration Agreement”), relating to the provision by BAC of certain administration services on behalf of the Issuer and the Grantor Trust relating to the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Bridgecrest Acceptance Corporation, Computershare Trust Company, National Association"},{"label":"Value","value":"Provision of certain administration services by BAC"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"},{"claim_id":"4e76d38ec6513482364863fe7705a1839adc1551","claim":"Bridgecrest Auto Funding LLC entered into Indenture with Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Computershare Trust Company, National Association valued at Issuance of Class A-1, A-2, A-3, B, C, D, and E notes; security interest granted (effective 2026-01-28).","evidence_excerpt":"Also, on the Closing Date, the Issuer entered into an Indenture, dated as of the Closing Date (the “Indenture”), by and between the Issuer, the Grantor Trust and the Indenture Trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Computershare Trust Company, National Association"},{"label":"Value","value":"Issuance of Class A-1, A-2, A-3, B, C, D, and E notes; security interest granted"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"},{"claim_id":"c190af05292f407f687ce4e0061425a9c8937b9f","claim":"Bridgecrest Auto Funding LLC entered into Underwriting Agreement with Bridgecrest Acceptance Corporation, Bridgecrest Auto Funding LLC, Deutsche Bank Securities Inc. (on behalf of itself and as representative of the Underwriters) valued at Sale of Publicly Registered Notes to underwriters (effective 2026-01-21).","evidence_excerpt":"The Publicly Registered Notes were sold to Deutsche Bank Securities Inc., BMO Capital Markets Corp., Citigroup Global Markets Inc., Fifth Third Securities, Inc. and Wells Fargo Securities, Inc. (together, the “Underwriters”), pursuant to an Underwriting Agreement, dated as of January 21, 2026, by and among BAC, BAF and Deutsche Bank Securities Inc., on behalf of itself and as representative of the Underwriters.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Bridgecrest Acceptance Corporation, Bridgecrest Auto Funding LLC, Deutsche Bank Securities Inc. (on behalf of itself and as representative of the Underwriters)"},{"label":"Value","value":"Sale of Publicly Registered Notes to underwriters"},{"label":"Effective","value":"2026-01-21"}],"fact_type":"material_agreement"},{"claim_id":"c778e2c144f9b4fc3d2fedd6a5909e041c066507","claim":"Bridgecrest Auto Funding LLC entered into Purchase Agreement with Bridgecrest Acceptance Corporation valued at Transfer of certain motor vehicle retail installment sales contracts (effective 2026-01-28).","evidence_excerpt":"Bridgecrest Acceptance Corporation (“BAC”) and Bridgecrest Auto Funding LLC (“BAF”) entered into a Purchase Agreement (the “Purchase Agreement”), dated as of January 28, 2026, (the “Closing Date”), pursuant to which BAC transferred to BAF certain motor vehicle retail installment sales contracts relating to certain new and used automobiles, light-duty trucks, SUVs and vans (the “Receivables”) and related property.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Bridgecrest Acceptance Corporation"},{"label":"Value","value":"Transfer of certain motor vehicle retail installment sales contracts"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"},{"claim_id":"e7f0166112c64de846021cd5bce4c5d0427be11e","claim":"Bridgecrest Auto Funding LLC entered into Sale and Servicing Agreement with Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Bridgecrest Auto Funding LLC, Bridgecrest Acceptance Corporation, Computershare Trust Company, National Association valued at Transfer of Receivables and related property to the Issuer; BAC agreed to act as servicer (effective 2026-01-28).","evidence_excerpt":"On the Closing Date, the Issuer entered into a Sale and Servicing Agreement, dated as of the Closing Date (the “Sale and Servicing Agreement”), with the Grantor Trust, BAF, as seller, BAC, as servicer, and Computershare Trust Company, National Association, as indenture trustee (the “Indenture Trustee”) and standby servicer, pursuant to which the Receivables and related property were transferred to the Issuer and pursuant to which BAC agreed to act as servicer for the Receivables.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1, Bridgecrest Auto Funding LLC, Bridgecrest Acceptance Corporation, Computershare Trust Company, National Association"},{"label":"Value","value":"Transfer of Receivables and related property to the Issuer; BAC agreed to act as servicer"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"},{"claim_id":"f970106083e121a428551dec05ba7c4e3916a0d3","claim":"Bridgecrest Auto Funding LLC entered into Receivables Contribution Agreement with Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1 valued at Transfer of Receivables and related property to the Grantor Trust (effective 2026-01-28).","evidence_excerpt":"On the Closing Date, the Issuer entered into a Receivables Contribution Agreement, dated as of the Closing Date (the “Receivables Contribution Agreement”), with the Grantor Trust, pursuant to which the Receivables and related property were transferred to the Grantor Trust.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1974820/000110465926007372/0001104659-26-007372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Bridgecrest Lending Auto Securitization Trust 2026-1, Bridgecrest Lending Auto Securitization Grantor Trust 2026-1"},{"label":"Value","value":"Transfer of Receivables and related property to the Grantor Trust"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}