{"filing":{"accession_number":"0001193125-26-400886","cik":"0001259380","ticker":null,"company_name":"CARMAX AUTO FUNDING LLC","form":"8-K","filing_date":"2026-09-24","report_date":"2026-09-22","primary_document":"d119527d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1259380/000119312526400886/d119527d8k.htm"},"events":[{"id":34836,"run_id":32075,"accession_number":"0001193125-26-400886","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"CarMax Auto Funding LLC entered into an Underwriting Agreement on September 22, 2026 for the issuance of $600.64 million in aggregate principal amount of asset-backed notes across six classes (A-1, A-2, A-3, B, C, D, and E), backed by motor vehicle retail installment sale contracts. This constitutes a material securitization financing activity and creation of a new direct financial obligation.","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-09-24","form":"8-K","submitted_at":null,"items":[{"id":38683,"accession_number":"0001193125-26-400886","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"CarMax Select Receivables Trust 2026-C entered into an Underwriting Agreement on September 22, 2026 to issue $600,000,000 aggregate principal balance of Asset-backed Notes. This constitutes creation of a new direct financial obligation through debt issuance, commonly disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03. The underwriting agreement with J.P. Morgan Securities LLC and other underwriters establishes binding obligations for the purchase and issuance of the Notes, with anticipated issuance on September 28, 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T18:34:53.388735+00:00","company_name":"","ticker":null,"filing_date":""},{"id":38684,"accession_number":"0001193125-26-400886","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the issuance of $600.64 million in aggregate principal amount of asset-backed notes across six classes (A-1, A-2, A-3, B, C, D, and E) by CarMax Select Receivables Trust 2026-C, backed by motor vehicle retail installment sale contracts. The Item 8.01 disclosure describes the final prospectus, collateral pool structure, and the various transaction agreements (Amended and Restated Trust Agreement, Grantor Trust Agreement, Receivables Purchase Agreement, Sale and Servicing Agreement, etc.) that establish this securitization. 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":"2026-09-24T18:34:53.388735+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":38683,"accession_number":"0001193125-26-400886","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"CarMax Select Receivables Trust 2026-C entered into an Underwriting Agreement on September 22, 2026 to issue $600,000,000 aggregate principal balance of Asset-backed Notes. This constitutes creation of a new direct financial obligation through debt issuance, commonly disclosed under Item 1.01 (Entry into a Material Definitive Agreement) and Item 2.03. The underwriting agreement with J.P. Morgan Securities LLC and other underwriters establishes binding obligations for the purchase and issuance of the Notes, with anticipated issuance on September 28, 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-24T18:34:53.388735+00:00","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-09-24"},{"id":38684,"accession_number":"0001193125-26-400886","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the issuance of $600.64 million in aggregate principal amount of asset-backed notes across six classes (A-1, A-2, A-3, B, C, D, and E) by CarMax Select Receivables Trust 2026-C, backed by motor vehicle retail installment sale contracts. The Item 8.01 disclosure describes the final prospectus, collateral pool structure, and the various transaction agreements (Amended and Restated Trust Agreement, Grantor Trust Agreement, Receivables Purchase Agreement, Sale and Servicing Agreement, etc.) that establish this securitization. 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":"2026-09-24T18:34:53.388735+00:00","company_name":"CARMAX AUTO FUNDING LLC","ticker":null,"filing_date":"2026-09-24"}]}
