Fri, May 23, 5:01 PM (57 days ago)
**Summary of CarMax Auto Owner Trust 2021-4 10-K** **Company:** CarMax Auto Owner Trust 2021-4 (Ticker: Not applicable) **Financial Performance (Fiscal Year 2025):** - **Revenue:** Not explicitly stated. - **Net Income:** Not explicitly stated. - **Operating Expenses:** Not explicitly stated. - **Earnings Per Share:** Not applicable. **Strategic Overview:** - The document focuses on regulatory and compliance aspects rather than strategic initiatives. - The Issuing Entity, CarMax Auto Owner Trust 2021-4, does not have any single obligor representing 10% or more of the pool assets. - No external credit enhancement or support is provided for the pool assets or the asset-backed notes issued. **Future Outlook:** - The outlook is not explicitly detailed in the provided document. **Risk Factors:** - The document does not explicitly list risk factors due to omissions in accordance with General Instruction J to Form 10-K. **Financial Condition:** - The financial condition is not explicitly detailed in the provided document. **Market Position Changes:** - The market position changes are not explicitly detailed in the provided document. **Key Points:** - The document primarily provides regulatory and compliance information. - It includes details on significant obligors, credit enhancement, legal proceedings, and servicing compliance. - The document omits several sections typically found in a 10-K, focusing instead on specific regulatory requirements related to asset-backed securities.