{"filing":{"accession_number":"0000929638-26-001947","cik":"0002128772","ticker":null,"company_name":"Exeter Select Automobile Receivables Trust 2026-1","form":"8-K","filing_date":"2026-05-21","report_date":null,"primary_document":"esart2026-1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2128772/000092963826001947/esart2026-1_8k.htm"},"events":[{"id":9278,"run_id":8138,"accession_number":"0000929638-26-001947","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.73,"summary":"Exeter Select Automobile Receivables Trust 2026-1 entered into an Underwriting Agreement dated May 19, 2026 with Deutsche Bank Securities, Citigroup Global Markets, and Mizuho Securities for the issuance and sale of approximately $384 million in asset-backed notes across eight classes, representing a material securitization transaction involving the transfer of sub-prime automobile loan receivables.","company_name":"Exeter Select Automobile Receivables Trust 2026-1","ticker":null,"filing_date":"2026-05-21","form":"8-K","submitted_at":null,"items":[{"id":855,"accession_number":"0000929638-26-001947","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"EFCAR entered into a material definitive agreement—an Underwriting Agreement dated May 19, 2026 with Deutsche Bank Securities, Citigroup Global Markets, and Mizuho Securities—for the issuance and sale of approximately $384 million in asset-backed notes across eight classes by Exeter Select Automobile Receivables Trust 2026-1. This represents a substantial securitization transaction that materially affects the registrant's capital structure and financing activities, warranting classification as M\u0026A activity (broadly construed as a material transaction).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T02:29:02.149879+00:00","company_name":"","ticker":null,"filing_date":""},{"id":856,"accession_number":"0000929638-26-001947","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"EFCAR is disclosing the execution of multiple agreements related to a securitization transaction involving the transfer of sub-prime automobile loan receivables to a trust structure and the issuance of notes backed by those receivables. While this involves asset transfers and financing arrangements, it does not fit cleanly into the standard M\u0026A taxonomy (ma_activity typically covers acquisitions, dispositions, mergers, or changes of control of the registrant itself). The transaction is material to investors as it represents a significant financing/securitization event, but the specific event type is best classified as other_material given the securitization structure and multiple interrelated agreements.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T02:29:02.149879+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":855,"accession_number":"0000929638-26-001947","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"EFCAR entered into a material definitive agreement—an Underwriting Agreement dated May 19, 2026 with Deutsche Bank Securities, Citigroup Global Markets, and Mizuho Securities—for the issuance and sale of approximately $384 million in asset-backed notes across eight classes by Exeter Select Automobile Receivables Trust 2026-1. This represents a substantial securitization transaction that materially affects the registrant's capital structure and financing activities, warranting classification as M\u0026A activity (broadly construed as a material transaction).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T02:29:02.149879+00:00","company_name":"Exeter Select Automobile Receivables Trust 2026-1","ticker":null,"filing_date":"2026-05-21"},{"id":856,"accession_number":"0000929638-26-001947","item_number":"8.01","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.72,"reasoning":"EFCAR is disclosing the execution of multiple agreements related to a securitization transaction involving the transfer of sub-prime automobile loan receivables to a trust structure and the issuance of notes backed by those receivables. While this involves asset transfers and financing arrangements, it does not fit cleanly into the standard M\u0026A taxonomy (ma_activity typically covers acquisitions, dispositions, mergers, or changes of control of the registrant itself). The transaction is material to investors as it represents a significant financing/securitization event, but the specific event type is best classified as other_material given the securitization structure and multiple interrelated agreements.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-22T02:29:02.149879+00:00","company_name":"Exeter Select Automobile Receivables Trust 2026-1","ticker":null,"filing_date":"2026-05-21"}]}