{"filing":{"accession_number":"0001193125-26-305930","cik":"0001259380","ticker":null,"company_name":"CARMAX AUTO FUNDING LLC","form":"8-K","filing_date":"2026-07-16","report_date":null,"primary_document":"d21267d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526305930/d21267d8k.htm"},"events":[{"id":18369,"run_id":16511,"accession_number":"0001193125-26-305930","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.94,"summary":"CarMax Auto Funding LLC entered into an Underwriting Agreement on July 14, 2026 to issue approximately $1.27–$1.33 billion in aggregate principal amount of asset-backed notes through CarMax Auto Owner Trust 2026-3, backed by motor vehicle retail installment sale contracts across seven note classes. The notes are anticipated to be issued on July 22, 2026, and represent a material capital-raising event through structured securitization.","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17160,"accession_number":"0001193125-26-305930","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"CarMax Auto Owner Trust 2026-3 entered into an Underwriting Agreement on July 14, 2026 to issue $1,333,123,000 in aggregate principal balance of Asset-backed Notes. This constitutes creation of a new direct financial obligation through debt issuance, with anticipated issuance on July 22, 2026. The transaction is registered under the Securities Act and involves multiple classes of notes backed by motor vehicle retail installment sale contracts.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T18:38:01.015817+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17161,"accession_number":"0001193125-26-305930","item_number":"8.01","item_title":"Other Events.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the issuance of approximately $1.27 billion in aggregate principal amount of asset-backed notes across seven classes (A-1 through D) by CarMax Auto Owner Trust 2026-3, with a final prospectus dated July 14, 2026. The Item 8.01 disclosure describes the structure, collateral pool (motor vehicle retail installment sale contracts), and transaction documents (Sale and Servicing Agreement, Indenture, etc.) for this securitization offering. This constitutes creation of a new direct financial obligation through debt issuance, which is material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T18:38:01.015817+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":17160,"accession_number":"0001193125-26-305930","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"CarMax Auto Owner Trust 2026-3 entered into an Underwriting Agreement on July 14, 2026 to issue $1,333,123,000 in aggregate principal balance of Asset-backed Notes. This constitutes creation of a new direct financial obligation through debt issuance, with anticipated issuance on July 22, 2026. The transaction is registered under the Securities Act and involves multiple classes of notes backed by motor vehicle retail installment sale contracts.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T18:38:01.015817+00:00","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-07-16"},{"id":17161,"accession_number":"0001193125-26-305930","item_number":"8.01","item_title":"Other Events.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the issuance of approximately $1.27 billion in aggregate principal amount of asset-backed notes across seven classes (A-1 through D) by CarMax Auto Owner Trust 2026-3, with a final prospectus dated July 14, 2026. The Item 8.01 disclosure describes the structure, collateral pool (motor vehicle retail installment sale contracts), and transaction documents (Sale and Servicing Agreement, Indenture, etc.) for this securitization offering. This constitutes creation of a new direct financial obligation through debt issuance, which is material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T18:38:01.015817+00:00","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-07-16"}]}