Fri, May 23, 5:17 PM (31 days ago)
**CarMax Auto Owner Trust 2022-4 (Ticker: Not Provided)** **Financial Performance:** - The document does not provide specific financial figures for revenue, net income, or operating expenses. **Strategic Overview:** - The filing is an annual report for the fiscal year ended February 28, 2025. - The Issuing Entity is CarMax Auto Owner Trust 2022-4, with CarMax Auto Funding LLC as the depositor and CarMax Business Services, LLC as the sponsor. - The report omits several sections typically found in a 10-K, including business, risk factors, market for common equity, and financial statements, due to General Instruction J to Form 10-K. **Future Outlook:** - The document does not provide explicit future outlook or strategic initiatives. **Risk Factors:** - The report omits the risk factors section. **Financial Condition:** - The report does not provide detailed financial condition information. **Market Position Changes:** - The report does not provide information on market position changes. **Key Points:** - No single obligor represents 10% or more of the pool assets. - No external credit enhancement or support is provided for the pool assets or notes. - The Servicer and Indenture Trustee have complied with applicable servicing criteria. - The report includes various exhibits related to the formation, agreements, and compliance of the Issuing Entity and related parties. **Note:** The document is a specialized filing for an asset-backed securities trust and does not provide the typical financial and operational details found in a standard 10-K filing.