---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-173263"
form_type: "8-K"
ticker: null
cik: "0001259380"
company_name: "CARMAX AUTO FUNDING LLC"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:27:03.322482+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CarMax Auto Owner Trust 2026-2 prices $1.175B auto loan ABS with eight tranches

## Summary
- CarMax Auto Owner Trust 2026-2 issues $1.175B in asset-backed notes across eight classes.
- Underwriting agreement signed with RBC Capital Markets; notes expected to close April 29, 2026.
- Classes: A-1 ($209M), A-2a ($343M), A-2b ($75M), A-3 ($418M), A-4 ($74M), B ($23M), C ($20M), D ($12M).
- Proceeds used to purchase auto receivables from CarMax Business Services; CarMax will service the pool.
- Standard securitization structure with indenture, trust agreement, and other transaction documents.

## SEC filing metadata
- accession: 0001193125-26-173263
- form_type: 8-K
- cik: 0001259380
- company_name: CARMAX AUTO FUNDING LLC
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/d139274d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-173263
- JSON: https://secwatch.observer/filing/0001193125-26-173263.json
- Plain text: https://secwatch.observer/filing/0001193125-26-173263.txt

## Source-grounded claims
- claim_id: 90031302496affdeae33be628ffa674a0c2b8a10
  claim: CARMAX AUTO FUNDING LLC entered into Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters valued at $1,175,000,000 (effective 2026-04-21).
  evidence_excerpt: On April 21, 2026, CarMax Business Services, LLC (“CarMax Business Services”) and CarMax Auto Funding LLC (the “Depositor”) entered into an Underwriting Agreement with RBC Capital Markets, LLC, as representative of the several underwriters named therein (collectively, the “Underwriters”), whereby each of the Underwriters has severally agreed to purchase $1,175,000,000 aggregate principal balance of various classes of Asset-backed Notes to be issued by CarMax Auto Owner Trust 2026-2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm

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