{"filing":{"accession_number":"0001104659-26-110790","cik":"0001541507","ticker":null,"company_name":"Porsche Auto Funding LLC","form":"8-K","filing_date":"2026-09-25","report_date":"2026-09-23","primary_document":"tm2625528d9_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1541507/000110465926110790/tm2625528d9_8k.htm"},"events":[{"id":35064,"run_id":32291,"accession_number":"0001104659-26-110790","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Porsche Auto Funding LLC and Porsche Financial Services entered into an Underwriting Agreement with Wells Fargo Securities for the issuance of $911 million in aggregate principal balance of securitized notes (Class A-1 through A-4) by Porsche Financial Auto Securitization Trust 2026-1, supported by a transfer of retail motor vehicle installment sales contracts under a Sale and Servicing Agreement with U.S. Bank Trust Company as indenture trustee, with anticipated closing on September 30, 2026.","company_name":"Porsche Auto Funding LLC","ticker":null,"filing_date":"2026-09-25","form":"8-K","submitted_at":null,"items":[{"id":38990,"accession_number":"0001104659-26-110790","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses entry into an Underwriting Agreement for the issuance of $911 million in asset-backed securitization notes (Class A-1 through A-4) by Porsche Financial Auto Securitization Trust 2026-1, with closing anticipated on September 30, 2026. This represents creation of a material direct financial obligation and is the core substance of Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-25T16:16:39.990313+00:00","company_name":"","ticker":null,"filing_date":""},{"id":38991,"accession_number":"0001104659-26-110790","item_number":"8.01","item_title":null,"event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This Item 8.01 disclosure describes the entry into multiple transaction documents for a securitization offering by Porsche Financial Auto Securitization Trust 2026-1, including an Indenture, Purchase Agreement, Sale and Servicing Agreement, and related ancillary agreements. The disclosure centers on the structural and contractual arrangements supporting the issuance of Notes backed by retail motor vehicle installment sales contracts (Receivables). While this involves debt issuance (the Notes), the filing emphasizes the transaction structure and the multiple supporting agreements rather than the debt obligation itself, making it a financial transaction that does not fit neatly into the specific `debt_issuance` category, which typically focuses on the creation of the direct financial obligation. As a securitization trust's primary offering activity, this is material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-25T16:16:39.990313+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":38990,"accession_number":"0001104659-26-110790","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses entry into an Underwriting Agreement for the issuance of $911 million in asset-backed securitization notes (Class A-1 through A-4) by Porsche Financial Auto Securitization Trust 2026-1, with closing anticipated on September 30, 2026. This represents creation of a material direct financial obligation and is the core substance of Item 1.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-25T16:16:39.990313+00:00","company_name":"Porsche Auto Funding LLC","ticker":null,"filing_date":"2026-09-25"},{"id":38991,"accession_number":"0001104659-26-110790","item_number":"8.01","item_title":null,"event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"This Item 8.01 disclosure describes the entry into multiple transaction documents for a securitization offering by Porsche Financial Auto Securitization Trust 2026-1, including an Indenture, Purchase Agreement, Sale and Servicing Agreement, and related ancillary agreements. The disclosure centers on the structural and contractual arrangements supporting the issuance of Notes backed by retail motor vehicle installment sales contracts (Receivables). While this involves debt issuance (the Notes), the filing emphasizes the transaction structure and the multiple supporting agreements rather than the debt obligation itself, making it a financial transaction that does not fit neatly into the specific `debt_issuance` category, which typically focuses on the creation of the direct financial obligation. As a securitization trust's primary offering activity, this is material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-25T16:16:39.990313+00:00","company_name":"Porsche Auto Funding LLC","ticker":null,"filing_date":"2026-09-25"}]}
