secwatch.observer — SEC 8-K summary
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Issuer:     CARMAX AUTO FUNDING LLC (—)
CIK:        0001259380
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001193125-26-173263
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/0001193125-26-173263-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1259380/000119312526173263/d139274d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-173263

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