CarMax Auto Trust 2025-4 Files 8-K
| Field | Detail |
|---|---|
| Company | Carmax Auto Funding LLC |
| Form Type | 8-K |
| Filed Date | Oct 22, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1,300,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, auto-loans, securitization, disclosure
TL;DR
CarMax Auto Trust 2025-4 filed an 8-K on Oct 22, 2025, related to auto loan securitization.
AI Summary
CarMax Auto Owner Trust 2025-4, an issuing entity for securitized auto loans, filed an 8-K on October 22, 2025. The filing pertains to other events and financial statements/exhibits related to asset-backed securities, specifically auto loans.
Why It Matters
This filing provides updates on the financial status and structure of auto loan securitizations managed by CarMax Auto Funding LLC, impacting investors in these asset-backed securities.
Risk Assessment
Risk Level: low — The filing is a routine disclosure for an asset-backed trust and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- CARMAX AUTO FUNDING LLC (company) — Filer and manager of auto loans
- CarMax Auto Owner Trust 2025-4 (company) — Issuing entity for securitized auto loans
- October 22, 2025 (date) — Date of report
FAQ
What is the primary purpose of this 8-K filing for CarMax Auto Owner Trust 2025-4?
The filing is a Current Report on Form 8-K, reporting on 'Other Events' and including 'Financial Statements and Exhibits' related to the trust's operations as an asset-backed securities issuer.
What type of assets are being securitized by CarMax Auto Owner Trust 2025-4?
The filing explicitly mentions 'ABS ASSET CLASS: Auto loans'.
Who is the entity responsible for managing the auto loans within this trust?
CarMax Auto Funding LLC is listed as the filer and has the Central Index Key 0001259380, indicating its role in managing the assets.
When was this 8-K report filed?
The report was filed on October 22, 2025.
What is the state of incorporation for both CarMax Auto Funding LLC and CarMax Auto Owner Trust 2025-4?
Both entities are incorporated in Delaware (DE).
Filing Stats: 995 words · 4 min read · ~3 pages · Grade level 14.4 · Accepted 2025-10-22 16:55:45
Key Financial Figures
- $1,300,000,000 — aggregate original principal amount of $1,300,000,000, pursuant to an Indenture entered into
Filing Documents
- d26929d8k.htm (8-K) — 24KB
- d26929dex41.htm (EX-4.1) — 945KB
- d26929dex42.htm (EX-4.2) — 249KB
- d26929dex991.htm (EX-99.1) — 620KB
- d26929dex992.htm (EX-99.2) — 116KB
- d26929dex993.htm (EX-99.3) — 90KB
- d26929dex994.htm (EX-99.4) — 162KB
- 0001193125-25-246953.txt ( ) — 2206KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the depositor has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CarMax Auto Funding LLC (Depositor) Dated: October 22, 2025 By: /s/ Greg Dostich Name: Greg Dostich Title: Vice President and Treasurer