secwatch.observer — SEC 8-K summary
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Issuer:     CarMax Select Receivables Trust 2026-B (—)
CIK:        0002137261
Form:       8-K
Filed at:   2026-06-11T19:45:51+00:00
Accession:  0001193125-26-267424
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarMax Select 2026-B issues $600M in ABS notes across 7 classes; underwritten by Wells Fargo
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- Trust issues $600M total notes (Class A-1 through E); offered notes aggregate $575.13M.
- Underwriters commit to purchase $569.997M; closing expected June 16, 2026.
- Proceeds used to acquire motor vehicle retail installment sale contracts from CarMax.
- At least 5% of each note class retained by registrant to satisfy risk-retention rules.
- CarMax Business Services will service the pool; Wells Fargo Securities leads underwriting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2137261/000119312526267424/0001193125-26-267424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1259380/000119312526267424/d128690d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-267424

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