---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-071241"
form_type: "8-K"
ticker: null
cik: "0002126256"
company_name: "Porsche Innovative Lease Owner Trust 2026-1"
filed_at: "2026-06-08T15:06:04+00:00"
generated_at: "2026-06-08T15:07:16.584535+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Porsche Auto Funding securitizes $911M in auto lease notes via PILOT 2026-1 trust

## Summary
- Aggregate principal balance of notes is $911,000,000, to be sold by Porsche Auto Funding LLC.
- Underwriting agreement executed June 4, 2026, with BofA Securities as representative.
- Notes anticipated to close on June 12, 2026, backed by retail vehicle leases and related assets.
- Transaction documents include Indenture, SUBI Sale/Transfer Agreements, and Servicing Supplement.
- Certifications required by Form SF-3 provided by registrant's CEO.

## SEC filing metadata
- accession: 0001104659-26-071241
- form_type: 8-K
- cik: 0002126256
- company_name: Porsche Innovative Lease Owner Trust 2026-1
- filed_at: 2026-06-08T15:06:04+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2126256/000110465926071241/0001104659-26-071241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1541507/000110465926071241/tm2615407d11_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-071241
- JSON: https://secwatch.observer/filing/0001104659-26-071241.json
- Plain text: https://secwatch.observer/filing/0001104659-26-071241.txt

## Key facts
- Material Agreements
  Porsche Innovative Lease Owner Trust 2026-1 entered into Underwriting Agreement with BofA Securities, Inc., on its own behalf and as representative of the several underwriters valued at $911,000,000 (effective 2026-06-04).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., on its own behalf and as representative of the several underwriters
  - Value: $911,000,000
  - Effective: 2026-06-04
  source text: On June 4, 2026, Porsche Auto Funding LLC (“PAF”), Porsche Financial Services, Inc. (“PFS”) and BofA Securities, Inc., on its own behalf and as representative of the several underwriters thereunder (collectively, the “Underwriters”), entered into an Underwriting Agreement, for the sale of the following notes to be issued by Porsche Innovative Lease Owner Trust 2026-1 (the “Issuing Entity”): Class A-1, Class A-2a, Class A-2b, Class A-3 and Class A-4 (collectively, the “Notes”) with an aggregate principal balance of $911,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2126256/000110465926071241/0001104659-26-071241-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.