{"filing":{"accession_number":"0001193125-26-272291","cik":"0001259380","ticker":null,"company_name":"CARMAX AUTO FUNDING LLC","form":"8-K","filing_date":"2026-06-16","report_date":null,"primary_document":"d160561d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526272291/d160561d8k.htm"},"events":[{"id":11265,"run_id":9883,"accession_number":"0001193125-26-272291","anchor_item_number":"8.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"summary":"CarMax Auto Funding LLC completed a material securitization transaction on June 16, 2026, involving the issuance of $600 million in asset-backed notes backed by motor vehicle retail installment sale contracts. The disclosure details the entry into multiple transaction agreements (Amended and Restated Trust Agreement, Grantor Trust Agreement, Receivables Purchase Agreement, Sale and Servicing Agreement, Indenture, and related ancillary agreements) that collectively constitute a material financing/capital markets activity. While technically a securitization rather than a traditional M\u0026A transaction, this represents a significant material event affecting the registrant's capital structure and financial position.","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-06-16","form":"8-K","submitted_at":null,"items":[{"id":7813,"accession_number":"0001193125-26-272291","item_number":"8.01","item_title":"Other Events","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"This disclosure describes the closing of a $600 million asset-backed securitization transaction involving the sale and transfer of motor vehicle retail installment sale contracts from CarMax Business Services through multiple trust entities and the issuance of asset-backed notes. While structured as a securitization rather than a traditional M\u0026A transaction, the core event—the sale of receivables assets and issuance of $600 million in notes—constitutes a material disposition and financing activity that would affect a reasonable investor's assessment of the registrant's capital structure and asset composition.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T17:55:16.640576+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7813,"accession_number":"0001193125-26-272291","item_number":"8.01","item_title":"Other Events","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"This disclosure describes the closing of a $600 million asset-backed securitization transaction involving the sale and transfer of motor vehicle retail installment sale contracts from CarMax Business Services through multiple trust entities and the issuance of asset-backed notes. While structured as a securitization rather than a traditional M\u0026A transaction, the core event—the sale of receivables assets and issuance of $600 million in notes—constitutes a material disposition and financing activity that would affect a reasonable investor's assessment of the registrant's capital structure and asset composition.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-16T17:55:16.640576+00:00","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-06-16"}]}