Material Event (Form 8-K)

The registrant has filed a prospectus, dated September 23, 2026, setting forth a description of the receivables pool and the structure of $200,000,000 aggregate principal amount of the Class A-1 Asset Backed Notes (the "Class A-1 Notes"), $225,500,000 aggregate principal amount of the Class A-2a Asset Backed Notes (the "Class A-2a Notes"), $100,000,000 aggregate principal amount of the Class A-2b Asset Backed Notes (the "Class A-2b Notes"), $325,500,000 aggregate principal amount of the Class A-3 Asset Backed Notes (the "Class A-3 Notes"), and $60,000,000 aggregate principal amount of the Class A-4 Asset Backed Notes (the "Class A-4 Notes" and collectively with the Class A-1 Notes, the Class A-2a Notes, the Class A-2b Notes and the Class A-3 Notes, the "Notes") issued by Porsche Financial Auto Securitization Trust 2026-1.

This Current Report on Form 8-K is being filed in connection with the issuance of the Notes to satisfy an undertaking to file unqualified legality and tax opinions at the time of each takedown from the Registration Statement. Copies of the legality and tax opinions delivered by Mayer Brown LLP, counsel to Porsche Auto Funding LLC, in connection with the issuance of the Notes are attached hereto as Exhibits 5.1 and 8.1, respectively.