secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX AUTO FUNDING LLC (—)
CIK:        0001259380
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001193125-26-061053
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax closes $750M asset-backed note issuance via CarMax Select Receivables Trust 2026-A
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- Total $750M in notes issued; classes include $143M A-1, $272.8M A-2a, $45M A-2b, $107.3M A-3, $46.5M B, $65.8M C, $53.5M D.
- Closing expected on or about February 25, 2026; underwriting agreement with Barclays Capital as representative.
- CarMax Business Services will service the underlying auto loan receivables.
- Notes registered under existing SF-3 shelf registration (filed July 2025).
- Private placement of $16.2M Class E notes not included in public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1259380/000119312526061053/0001193125-26-061053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1259380/000119312526061053/d946411d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-061053

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