UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 FORM 10-K
 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended December 31, 2023.
 OR
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from __________ to __________.

 Commission file number of issuing entity 333-267322-01

 Central Index Key Number of issuing entity 0001944984

 Kansas Gas Service Securitization I, L.L.C.
 (Exact name of issuing entity as specified in its charter)

 Commission File Number of depositor and sponsor: 001-36108

 Central Index Key Number of depositor and sponsor: 0001587732

 Kansas Gas Service, a Division of ONE Gas, Inc.
 (Exact name of depositor and sponsor as specified in its charter)

 Delaware
 88-3970012

 (State or other jurisdiction of
incorporation or organization)
 (I.R.S. Employer Identification No.)

 15 East Fifth Street, Suite 2662

 Tulsa,
 OK
 74103

 (Address of principal executive offices)
 (Zip Code)

 Registrant's telephone number, including area code (918) 947-7095

 Securities registered pursuant to Section 12(b) of the Act: None

 Securities registered pursuant to Section 12(g) of the Act: None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. Not applicable

 DOCUMENTS INCORPORATED BY REFERENCE:
 Portions of the definitive proxy statement to be delivered to shareholders in connection with the Annual Meeting of Shareholders of ONE Gas, Inc. to be held May 24, 2024, are incorporated by reference in Item 11 of Part III of this report.

 Auditor Firm ID: 238 Auditor Name: PricewaterhouseCoopers LLP Auditor Location: Tulsa, OK

 PART I.

 ITEM 1. Business.

 ITEM 1A. Risk Factors.

 ITEM 1B. Unresolved Staff Comments.

 Not applicable.

 ITEM 1C. Cybersecurity.

 Omitted pursuant to General Instructions J of Form 10-K.

 ITEM 2. Properties.

 ITEM 3. Legal Proceedings.

 ITEM 4. Mine Safety Disclosures.

 Not applicable.

 PART II.

 ITEM 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

 ITEM 6. [Reserved].

 ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.

 ITEM 7A. Quantitative and Qualitative Disclosures about Market Risk.

 ITEM 8. Financial Statements and Supplementary Data.

 ITEM 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

 ITEM 9A. Controls and Procedures.

 ITEM 9B. Other Information.

 Not applicable.

 ITEM 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

 Not applicable.

 PART III.

 ITEM 10. Directors, Executive Officers and Corporate Governance.

 Kansas Gas Service Securitization I, L.L.C. (the "Company") is a wholly-owned subsidiary of ONE Gas, Inc. ("ONE Gas"). At least one manager of the Company must be an independent manager. The following are the executive officers and managers of the Company as of March 15, 2024:

 Name
 Age
 Business Experience in Past Five Years

 Robert S. McAnnally
 President, Chief Executive Officer and Manager of the Company. He has served as ONE Gas' president and chief executive officer since June 2021. He served as ONE Gas' senior vice president and chief operating officer from July 2020 to June 2021 and as ONE Gas' senior vice president, operations from March 2015 to July 2020.

 Christopher P. Sighinolfi
 Senior Vice President, Chief Financial Officer and Manager of the Company. He has served as ONE Gas' Senior Vice President and Chief Financial Officer since January 2024. He served as Vice President, Corporate Development of ONE Gas from September 2021 to December 2023.

 Joseph L. McCormick
 Senior Vice President, General Counsel and Assistant Secretary of the Company. He has served as ONE Gas' Senior Vice President, General Counsel and Assistant Secretary since January 2014.

 Brian F. Brumfield
 Vice President, Chief Accounting Officer and Controller of the Company. He has served as the Vice President, Chief Accounting Officer and Controller of ONE Gas since November 2022. He served as Controller at Tucson Electric Power/UNS Energy from January 2017 to November 2022.

 Brian K. Shore
 Vice President, Associate General Counsel and Secretary of the Company. He has served as ONE Gas' Vice President, Associate General Counsel and Secretary since January 2014.

 Mark W. Smith
 Vice President and Treasurer of the Company. He has served as Vice President and Treasurer of ONE Gas since July 2018. He served as Vice President - Treasury from December 2013 to July 2018.

 Bernard J. Angelo
 Independent Manager of the Company and Senior Vice President of Global Securitization Services, LLC. Mr. Angelo assumed his role as Senior Vice President of Global Securitization Services in 1997. In addition, he assumed his role as Independent Manager of the Company in November 2022

 Code of Conduct and Corporate Governance

 ONE Gas has adopted a code of conduct and ethics which applies to all of its divisions and subsidiaries. ONE Gas' Code of Business Conduct and Ethics and Corporate Governance Guidelines are available on the ONE Gas website at www.onegas.com, and copies of these documents are available upon request.

 ITEM 11. Executive Compensation.

 Other than the annual independent manager fee of $3,500 paid to Global Securitization Services, LLC, the Company does not pay any compensation to its executive officers or managers.

 Information on executive compensation with respect to ONE Gas is set forth in the 2024 definitive Proxy Statement and is incorporated herein by this reference.

 ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

 None.

 ITEM 13. Certain Relationships and Related Transactions, and Director Independence.

 Bernard J. Angelo is the independent manager of the Company and is an employee of Global Securitization Services, LLC.

 ITEM 14. Principal Accountant Fees and Services.

 Substitute Information Provided in Accordance with General Instruction J(2) of Form 10-K:

 ITEM 1112(b). Significant Obligors of Pool Assets (Financial Information).

 None.

 ITEM 1114(b)(2). Credit enhancement and other support, except for certain derivatives instruments (Financial Information).

 None.

 ITEM 1115(b). Certain Derivative Instruments (Financial Information).

 None.

 ITEM 1117. Legal Proceedings.

 There are no legal or governmental proceedings pending against us, the sponsor, seller, trustee, or servicer, or of which any property of the foregoing is subject, that is material to the securitized utility tariff bondholders.

 U.S. Bank Trust Company, National Association, as trustee, has provided the following information:

 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ("RMBS") trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.

 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.

 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.

 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.

 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 ITEM 1119. Affiliations and Certain Relationships and Related Transactions.

 We are a wholly-owned subsidiary of ONE Gas. Each of the sponsor, the servicer and the depositor may maintain other banking relationships in the ordinary course with U.S. Bank Trust Company National Association, the trustee.

 ITEM 1122. Compliance with Applicable Servicing Criteria.

 The Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities and the related attestation report for Kansas Gas Service, a Division of ONE Gas ("KGS"), are included as Exhibits 33.1 and 34.1, respectively, to this Form 10-K, and identified no material instances of noncompliance by KGS with the servicing criteria set forth in Item 1122(d) of Regulation AB.

 The Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities and the related attestation report for U.S. Bank Trust Company, National Association are included as Exhibits 33.2 and 34.2, respectively, to this Form 10-K, and identified no material instances of noncompliance by U.S. Bank Trust Company, National Association with the servicing criteria set forth in Item 1122(d) of Regulation AB.

 ITEM 1123. Servicer Compliance Statement.

 The servicer compliance statement is attached as Exhibit 35.1 to this Annual Report on Form 10-K.

 PART IV.

 ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

 a) The following is a list of documents filed as part of this Annual Report on Form 10-K:

 (1) Not applicable

 (2) Not applicable

 (3) See exhibits below.

 3.1
 Certificate of Formation of Kansas Gas Service Securitization I, L.L.C (incorporated by reference to Exhibit 3.1 to Kansas Gas Service Securitization I, L.L.C's Form S-1 dated September 8, 2022 (File No. 333-267322-01)).

 3.3
 Amended and Restated Limited Liability Company Agreement of Kansas Gas Service Securitization I, L.L.C., dated as of November 16, 2022 (incorporated by reference to Exhibit 3.3 to Kansas Gas Service Securitization I, L.L.C.'s Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 4.1
 Indenture by and among Kansas Gas Service Securitization I, L.L.C., U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary (including the form of the Securitized Utility Tariff Bonds and the Series Supplement), dated as of November 18, 2022 (incorporated by reference to Exhibit 4.1 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 4.2
 Series Supplement by and among Kansas Gas Service Securitization I, L.L.C. and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of November 18, 2022 (incorporated by reference to Exhibit 4.2 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 10.1
 Securitized Utility Tariff Property Servicing Agreement between Kansas Gas Service Securitization I, L.L.C. and Kansas Gas Service, a Division of ONE Gas, Inc., as Servicer, dated as of November 18, 2022 (incorporated by reference to Exhibit 10.1 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 10.2
 Securitized Utility Tariff Property Purchase and Sale Agreement between Kansas Gas Service Securitization I, L.L.C. and Kansas Gas Service, a Division of ONE Gas, Inc., as Seller, dated as of November 18, 2022 (incorporated by reference to Exhibit 10.2 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 10.3
 Administration Agreement between Kansas Gas Service Securitization I, L.L.C. and Kansas Gas Service, a Division of ONE Gas, Inc., as Administrator, dated as of November 18, 2022 (incorporated by reference to Exhibit 10.3 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 31.1
 Certification of Senior Officer in Charge of the Servicing Function of the Servicer Pursuant to Rule 15d-14(d).

 33.1
 Report on assessment of compliance with servicing criteria for asset-backed issuers for Kansas Gas Service, a division of ONE Gas, Inc.

 33.2
 Report on assessment of compliance with servicing criteria for asset-backed issuers for U.S. Bank Trust Company, National Association.

 34.1
 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of PricewaterhouseCoopers LLP on behalf of Kansas Gas Service, a division of ONE Gas, Inc.

 34.2
 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of PricewaterhouseCoopers LLP on behalf of U.S. Bank Trust Company, National Association.

 35.1
 Servicer compliance statement of Kansas Gas Service, a division of ONE Gas, Inc.

 Supplemental information to be furnished with reports filed pursuant to Section 15(d) of the Act by Registrants which have not registered Securities pursuant to Section 12 of the Act.

 No annual report, proxy statement, form of proxy or other proxy soliciting material has been sent to noteholders, and the registrant will not be sending an annual report or proxy material to its noteholders subsequent to the filing of this form.

 ITEM 16. FORM 10-K SUMMARY

 None.

 Signatures

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 Date:
 March 29, 2024
 Kansas Gas Service Securitization I, L.L.C.

 (Issuing Entity)

 By:
 Kansas Gas Service, a division of ONE Gas, Inc., as servicer

 /s/ Christopher P. Sighinolfi

 Christopher P. Sighinolfi

 Senior Vice President and

 Chief Financial Officer

 (Officer in charge of the Servicing Function)


UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 FORM 10-K
 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended December 31, 2024.
 OR
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from __________ to __________.

 Commission file number of issuing entity 333-267322-01

 Central Index Key Number of issuing entity 0001944984

 Kansas Gas Service Securitization I, L.L.C.
 (Exact name of issuing entity as specified in its charter)

 Commission File Number of depositor and sponsor: 001-36108

 Central Index Key Number of depositor and sponsor: 0001587732

 Kansas Gas Service, a Division of ONE Gas, Inc.
 (Exact name of depositor and sponsor as specified in its charter)

 Delaware
 88-3970012

 (State or other jurisdiction of
incorporation or organization)
 (I.R.S. Employer Identification No.)

 15 East Fifth Street, Suite 2662

 Tulsa,
 OK
 74103

 (Address of principal executive offices)
 (Zip Code)

 Registrant's telephone number, including area code (918) 947-7095

 Securities registered pursuant to Section 12(b) of the Act: None

 Securities registered pursuant to Section 12(g) of the Act: None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. Not applicable

 DOCUMENTS INCORPORATED BY REFERENCE:
 Portions of the definitive proxy statement to be delivered to shareholders in connection with the Annual Meeting of Shareholders of ONE Gas, Inc. to be held May 22, 2025, are incorporated by reference in Item 11 of Part III of this report.

 Auditor Firm ID: 238 Auditor Name: PricewaterhouseCoopers LLP Auditor Location: Tulsa, OK

 PART I.

 ITEM 1. Business.

 ITEM 1A. Risk Factors.

 ITEM 1B. Unresolved Staff Comments.

 Not applicable.

 ITEM 1C. Cybersecurity.

 Omitted pursuant to General Instructions J of Form 10-K.

 ITEM 2. Properties.

 ITEM 3. Legal Proceedings.

 ITEM 4. Mine Safety Disclosures.

 Not applicable.

 PART II.

 ITEM 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

 ITEM 6. [Reserved].

 ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.

 ITEM 7A. Quantitative and Qualitative Disclosures about Market Risk.

 ITEM 8. Financial Statements and Supplementary Data.

 ITEM 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

 ITEM 9A. Controls and Procedures.

 ITEM 9B. Other Information.

 Not applicable.

 ITEM 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

 Not applicable.

 PART III.

 ITEM 10. Directors, Executive Officers and Corporate Governance.

 Kansas Gas Service Securitization I, L.L.C. (the "Company") is a wholly-owned subsidiary of ONE Gas, Inc. ("ONE Gas"). At least one manager of the Company must be an independent manager. The following are the executive officers and managers of the Company as of March 15, 2025:

 Name
 Age
 Business Experience in Past Five Years

 Robert S. McAnnally
 President, Chief Executive Officer and Manager of the Company. He has served as ONE Gas' president and chief executive officer since June 2021. He served as ONE Gas' senior vice president and chief operating officer from July 2020 to June 2021 and as ONE Gas' senior vice president, operations from March 2015 to July 2020.

 Christopher P. Sighinolfi
 Senior Vice President, Chief Financial Officer and Manager of the Company. He has served as ONE Gas' Senior Vice President and Chief Financial Officer since January 2024. He served as Vice President, Corporate Development of ONE Gas from September 2021 to December 2023.

 Joseph L. McCormick
 Senior Vice President, General Counsel and Assistant Secretary of the Company. He has served as ONE Gas' Senior Vice President, General Counsel and Assistant Secretary since January 2014.

 Brian F. Brumfield
 Vice President, Chief Accounting Officer and Controller of the Company. He has served as the Vice President, Chief Accounting Officer and Controller of ONE Gas since November 2022. He served as Controller at Tucson Electric Power/UNS Energy from January 2017 to November 2022.

 Brian K. Shore
 Vice President, Associate General Counsel and Secretary of the Company. He has served as ONE Gas' Vice President, Associate General Counsel and Secretary since January 2014.

 Mark W. Smith
 Vice President and Treasurer of the Company. He has served as Vice President and Treasurer of ONE Gas since July 2018.

 Bernard J. Angelo
 Independent Manager of the Company and Senior Vice President of Global Securitization Services, LLC. Mr. Angelo assumed his role as Senior Vice President of Global Securitization Services in 1997. In addition, he assumed his role as Independent Manager of the Company in November 2022

 Code of Conduct and Corporate Governance

 ONE Gas has adopted a code of conduct and ethics which applies to all of its divisions and subsidiaries. ONE Gas' Code of Business Conduct and Ethics and Corporate Governance Guidelines are available on the ONE Gas website at www.onegas.com, and copies of these documents are available upon request.

 ITEM 11. Executive Compensation.

 Other than the annual independent manager fee of $3,500 paid to Global Securitization Services, LLC, the Company does not pay any compensation to its executive officers or managers.

 Information on executive compensation with respect to ONE Gas is set forth in the 2025 definitive Proxy Statement and is incorporated herein by this reference.

 ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

 None.

 ITEM 13. Certain Relationships and Related Transactions, and Director Independence.

 Bernard J. Angelo is the independent manager of the Company and is an employee of Global Securitization Services, LLC.

 ITEM 14. Principal Accountant Fees and Services.

 Substitute Information Provided in Accordance with General Instruction J(2) of Form 10-K:

 ITEM 1112(b). Significant Obligors of Pool Assets (Financial Information).

 None.

 ITEM 1114(b)(2). Credit enhancement and other support, except for certain derivatives instruments (Financial Information).

 None.

 ITEM 1115(b). Certain Derivative Instruments (Financial Information).

 None.

 ITEM 1117. Legal Proceedings.

 There are no legal or governmental proceedings pending against us, the sponsor, seller, trustee, or servicer, or of which any property of the foregoing is subject, that is material to the securitized utility tariff bondholders.

 U.S. Bank Trust Company, National Association, as trustee, has provided the following information:

 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ("RMBS") trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.

 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.

 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.

 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.

 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 ITEM 1119. Affiliations and Certain Relationships and Related Transactions.

 We are a wholly-owned subsidiary of ONE Gas. Each of the sponsor, the servicer and the depositor may maintain other banking relationships in the ordinary course with U.S. Bank Trust Company National Association, the trustee.

 ITEM 1122. Compliance with Applicable Servicing Criteria.

 The Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities and the related attestation report for Kansas Gas Service, a Division of ONE Gas ("KGS"), are included as Exhibits 33.1 and 34.1, respectively, to this Form 10-K, and identified no material instances of noncompliance by KGS with the servicing criteria set forth in Item 1122(d) of Regulation AB.

 The Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities and the related attestation report for U.S. Bank Trust Company, National Association are included as Exhibits 33.2 and 34.2, respectively, to this Form 10-K, and identified no material instances of noncompliance by U.S. Bank Trust Company, National Association with the servicing criteria set forth in Item 1122(d) of Regulation AB.

 ITEM 1123. Servicer Compliance Statement.

 The servicer compliance statement is attached as Exhibit 35.1 to this Annual Report on Form 10-K.

 PART IV.

 ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES

 a) The following is a list of documents filed as part of this Annual Report on Form 10-K:

 (1) Not applicable

 (2) Not applicable

 (3) See exhibits below.

 3.1
 Certificate of Formation of Kansas Gas Service Securitization I, L.L.C (incorporated by reference to Exhibit 3.1 to Kansas Gas Service Securitization I, L.L.C's Form S-1 dated September 8, 2022 (File No. 333-267322-01)).

 3.3
 Amended and Restated Limited Liability Company Agreement of Kansas Gas Service Securitization I, L.L.C., dated as of November 16, 2022 (incorporated by reference to Exhibit 3.3 to Kansas Gas Service Securitization I, L.L.C.'s Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 4.1
 Indenture by and among Kansas Gas Service Securitization I, L.L.C., U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary (including the form of the Securitized Utility Tariff Bonds and the Series Supplement), dated as of November 18, 2022 (incorporated by reference to Exhibit 4.1 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 4.2
 Series Supplement by and among Kansas Gas Service Securitization I, L.L.C. and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of November 18, 2022 (incorporated by reference to Exhibit 4.2 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 10.1
 Securitized Utility Tariff Property Servicing Agreement between Kansas Gas Service Securitization I, L.L.C. and Kansas Gas Service, a Division of ONE Gas, Inc., as Servicer, dated as of November 18, 2022 (incorporated by reference to Exhibit 10.1 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 10.2
 Securitized Utility Tariff Property Purchase and Sale Agreement between Kansas Gas Service Securitization I, L.L.C. and Kansas Gas Service, a Division of ONE Gas, Inc., as Seller, dated as of November 18, 2022 (incorporated by reference to Exhibit 10.2 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 10.3
 Administration Agreement between Kansas Gas Service Securitization I, L.L.C. and Kansas Gas Service, a Division of ONE Gas, Inc., as Administrator, dated as of November 18, 2022 (incorporated by reference to Exhibit 10.3 to Kansas Gas Service Securitization I, L.L.C's Current Report on Form 8-K filed on November 18, 2022 (File No. 333-267322-01)).

 31.1
 Certification of Senior Officer in Charge of the Servicing Function of the Servicer Pursuant to Rule 15d-14(d).

 33.1
 Report on assessment of compliance with servicing criteria for asset-backed issuers for Kansas Gas Service, a division of ONE Gas, Inc.

 33.2
 Report on assessment of compliance with servicing criteria for asset-backed issuers for U.S. Bank Trust Company, National Association.

 34.1
 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of PricewaterhouseCoopers LLP on behalf of Kansas Gas Service, a division of ONE Gas, Inc.

 34.2
 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of Ernst & Young LLP on behalf of U.S. Bank Trust Company, National Association.

 35.1
 Servicer compliance statement of Kansas Gas Service, a division of ONE Gas, Inc.

 Supplemental information to be furnished with reports filed pursuant to Section 15(d) of the Act by Registrants which have not registered Securities pursuant to Section 12 of the Act.

 No annual report, proxy statement, form of proxy or other proxy soliciting material has been sent to noteholders, and the registrant will not be sending an annual report or proxy material to its noteholders subsequent to the filing of this form.

 ITEM 16. FORM 10-K SUMMARY

 None.

 Signatures

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 Date:
 March 27, 2025
 Kansas Gas Service Securitization I, L.L.C.

 (Issuing Entity)

 By:
 Kansas Gas Service, a division of ONE Gas, Inc., as servicer

 /s/ Christopher P. Sighinolfi

 Christopher P. Sighinolfi

 Senior Vice President and

 Chief Financial Officer

 (Officer in charge of the Servicing Function)


Document

 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended December 31, 2023
 OR

 TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ___________ to ____________.

 Ally Auto Receivables Trust 2022-2
 (Exact name of issuing entity as specified in its charter)

 Commission file number of issuing entity 333-262894-02

 Central Index Key Number of issuing entity 0001946472

 Ally Auto Assets LLC
 (Exact name of depositor as specified in its charter)

 Commission file number of depositor 333-262894

 Central Index Key Number of depositor 0001477336

 Ally Bank
 (Exact name of sponsor as specified in its charter)
 Central Index Key Number of sponsor (if applicable) 0001601846

 DELAWARE
 88-6738580

 (State or other jurisdiction of
 (I.R.S. Employer

 incorporation or organization)
 Identification No.)

 Ally Auto Assets LLC
 500 Woodward Avenue
 Detroit, Michigan
 48226
 (Address of principal executive offices)
 (Zip Code)
 (866) 710-4623
 (Registrant's telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of Acts. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
 Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, non-accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Smaller reporting company

 Non-accelerated filer

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. None

 Registrant does not have any voting or non-voting common equity held by non-affiliates.

 Documents incorporated by reference. None

 Ally Auto Receivables Trust 2022-2

 Item 1.

 Business*

 Item 1A.

 Risk Factors*

 Item 1B.

 Unresolved Staff Comments

 Item 1C.

 Cybersecurity*

 Item 2.

 Properties*

 Item 3.

 Legal Proceedings*

 Item 4.

 Mine Safety Disclosures

 Item 5.

 Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities*

 Item 6.

 Reserved *

 Item 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operations*

 Item 7A.

 Quantitative and Qualitative Disclosures About Market Risk*

 Item 8.

 Financial Statements and Supplementary Data*

 Item 9.

 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure*

 Item 9A.

 Controls and Procedures*

 Item 9B.

 Other Information

 Item 9C.

 Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

 Item 10.

 Directors, Executive Officers and Corporate Governance*

 Item 11.

 Executive Compensation*

 Item 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters*

 Item 13.

 Certain Relationships and Related Transactions and Director Independence*

 Item 14.

 Principal Accounting Fees and Services*

 Item 15.

 Exhibit and Financial Statement Schedules

 Item 16.

 Form 10-K Summary

 * Item is omitted in accordance with General Instruction J to Form 10-K.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 4. Mine Safety Disclosures.

 Not applicable.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets (Financial Information).

 There are no significant obligors with respect to the pool assets held by Ally Auto Receivables Trust 2022-2 (the "Issuing Entity").

 Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivatives Instruments (Financial Information).

 No entity or group of affiliated entities provides any external credit enhancement or other support with respect to either payment of the pool assets held by the Issuing Entity or payments on the notes (the "Notes") or certificates (the "Certificates") issued by the Issuing Entity.

 Item 1115(b) of Regulation AB. Certain Derivatives Instruments (Financial Information).

 No entity or group of affiliated entities provides any derivative instruments that are used to alter the payment characteristics of the cashflows from the Issuing Entity.

 Item 1117 of Regulation AB. Legal Proceedings.

 There are no current legal proceedings pending, or to the best knowledge of management of such entity, threatened, against the Issuing Entity, the sponsor, the servicer or the depositor that, if determined adversely to such party, would be expected to have a material adverse effect on the performance of the notes.

 The owner trustee has represented to the Issuing Entity that it is not a party to any current legal proceedings, nor is its management aware of any legal proceedings threatened against it that, if determined adversely to such party, would be expected to have a material adverse effect on the performance of the notes.

 The indenture trustee has provided the following information for inclusion in this report on Form 10-K

 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ( RMBS) trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.

 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.

 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.

 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are

 litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.

 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 Item 9B. Other Information.

 None.

 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

 Not applicable.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119. The information has been provided previously in a Prospectus, dated October 4, 2022, filed by the Issuing Entity, pursuant to Rule 424(b)(5) of the Securities Act of 1933 on October 6, 2022.

 Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.

 Each of Ally Bank and U.S. Bank Trust Company, National Association (each, a "Servicing Participant") has been identified by the registrant as a party participating in the servicing function with respect to the pool assets held by the Issuing Entity during the reporting period. Each of the Servicing Participants has completed a report on an assessment of compliance with the servicing criteria applicable to such Servicing Participant (each, a "Report on Assessment") during the Issuing Entity's year ended December 31, 2023, which Reports on Assessment are attached as exhibits to this Form 10-K. In addition, each of the Servicing Participants has provided an attestation report (each, an "Attestation Report") by a registered independent public accounting firm regarding its related Report on Assessment. Each Attestation Report is attached as an exhibit to this Form 10-K.

 None of the Reports on Assessment or the related Attestation Reports has identified any material instances of noncompliance with the servicing criteria described in the related Report on Assessment as being applicable to each such Servicing Participant.

 Item 1123 of Regulation AB. Servicer Compliance Statement.

 Ally Bank has been identified as the servicer during the reporting period with respect to the pool assets held by the Issuing Entity. Ally Bank has provided a statement of compliance with the applicable servicing activities (the "Compliance Statement"), signed by an authorized officer, and such Compliance Statement is attached as an exhibit to this Form 10-K.

 Item 15. Exhibit and Financial Statement Schedules.

 (a)
 List the following documents filed as a part of the report

 (1)
 Financial Statements — Not Applicable.

 (2)
 Financial Statement Schedules — Not Applicable.

 (3)
 Exhibits

 •
 Second Amended and Restated Limited Liability Company Agreement of Ally Auto Assets LLC, dated as of November 7, 2018.

 •
 Indenture between Ally Auto Receivables Trust 2022-2 and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 •
 Trust Agreement between Ally Auto Assets LLC, as Depositor and BNY Mellon Trust of Delaware, as Owner Trustee and Paying Agent, dated as of October 12, 2022.

 •
 Pooling Agreement between Ally Bank, as Seller, and Ally Auto Assets LLC, dated as of October 12, 2022.

 •
 Rule 13a-14(d) 15d-14(d) Certification (Section 302 Certification).

 •
 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of Ally Bank for the year ended December 31, 2023.

 •
 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of U.S. Bank Trust Company, National Association for the year ended December 31, 2023.

 •
 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of Ally Bank dated March 8, 2024 for the year ended December 31, 2023.

 •
 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of U.S. Bank Trust Company, National Association dated February 27, 2024 for the year ended December 31, 2023.

 •
 Servicer Compliance Statement of Ally Bank for the year ended December 31, 2023.

 •
 Trust Sale Agreement between Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 •
 Custodian Agreement between Ally Bank, as Custodian, and Ally Auto Assets LLC, as Depositor, dated as of October 12, 2022.

 •
 Administration Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Administrator, and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 •
 Servicing Agreement among Ally Bank, as Servicer, Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 •
 Asset Representations Review Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Sponsor, and Clayton Fixed Income Services LLC, as Asset Representations Reviewer, dated as of October 12, 2022.

 •
 Securities Account Control Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary, dated as of October 12, 2022.

 Item 16. Form 10-K Summary.

 None.

 Signature

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 Ally Auto Assets LLC, as Depositor

 s Elliot Kahan

 Elliot Kahan

 President

 (Senior Officer in charge of securitization of the depositor)

 Date March 22, 2024

 Index of Exhibits

 Exhibit

 Description

 Method of Filing

 3.1

 Second Amended and Restated Limited Liability Company Agreement of Ally Auto Assets LLC, dated as of November 7, 2018.

 **

 4.1

 Indenture between Ally Auto Receivables Trust 2022-2 and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 *

 4.2

 Trust Agreement between Ally Auto Assets LLC, as Depositor and BNY Mellon Trust of Delaware, as Owner Trustee and Paying Agent, dated as of October 12, 2022.

 *

 4.3

 Pooling Agreement between Ally Bank, as Seller, and Ally Auto Assets LLC, dated as of October 12, 2022.

 *

 31.1

 Certification of Executive Officer Pursuant to Rule 13a-14(d) 15d-14(d).

 33.1

 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of Ally Bank for the year ended December 31, 2023.

 33.2

 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of U.S. Bank Trust Company, National Association for the year ended December 31, 2023.

 34.1

 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of Ally Bank dated March 8, 2024 for the year ended December 31, 2023.

 34.2

 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of U.S. Bank Trust Company, National Association, dated February 27, 2024 for the year ended December 31, 2023.

 35.1

 Servicer Compliance Statement of Ally Bank for the year ended December 31, 2023.

 99.1

 Trust Sale Agreement between Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 *

 99.2

 Custodian Agreement between Ally Bank, as Custodian, and Ally Auto Assets LLC, as Depositor, dated as of October 12, 2022.

 *

 99.3

 Administration Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Administrator, and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 *

 99.4

 Servicing Agreement among Ally Bank, as Servicer, Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 *

 99.5

 Asset Representations Review Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Sponsor, and Clayton Fixed Income Services LLC, as Asset Representations Reviewer, dated as of October 12, 2022.

 *

 99.6

 Securities Account Control Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary, dated as of October 12, 2022.

 *

 *
 Incorporated by reference to the corresponding Exhibit to the Issuing Entity's Current Report on Form 8-K filed on October 12, 2022 (File No. 333-262894-02).

 **
 Incorporated by reference to Exhibit 3.1 of Ally Auto Assets LLC's Form SF-3 Registration Statement filed on February 22, 2022 (File No. 333-262894).


Document

 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the fiscal year ended December 31, 2024
 OR

 TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 For the transition period from ___________ to ____________.

 Ally Auto Receivables Trust 2022-2
 (Exact name of issuing entity as specified in its charter)

 Commission file number of issuing entity 333-262894-02

 Central Index Key Number of issuing entity 0001946472

 Ally Auto Assets LLC
 (Exact name of depositor as specified in its charter)

 Commission file number of depositor 333-286053

 Central Index Key Number of depositor 0001477336

 Ally Bank
 (Exact name of sponsor as specified in its charter)
 Central Index Key Number of sponsor (if applicable) 0001601846

 DELAWARE
 88-6738580

 (State or other jurisdiction of
 (I.R.S. Employer

 incorporation or organization)
 Identification No.)

 Ally Auto Assets LLC
 500 Woodward Avenue
 Detroit, Michigan
 48226
 (Address of principal executive offices)
 (Zip Code)
 (866) 710-4623
 (Registrant's telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of Acts. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
 Yes No

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, non-accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Smaller reporting company

 Non-accelerated filer

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. None

 Registrant does not have any voting or non-voting common equity held by non-affiliates.

 Documents incorporated by reference. None

 Ally Auto Receivables Trust 2022-2

 Item 1.

 Business*

 Item 1A.

 Risk Factors*

 Item 1B.

 Unresolved Staff Comments

 Item 1C.

 Cybersecurity*

 Item 2.

 Properties*

 Item 3.

 Legal Proceedings*

 Item 4.

 Mine Safety Disclosures

 Item 5.

 Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities*

 Item 6.

 Reserved *

 Item 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operations*

 Item 7A.

 Quantitative and Qualitative Disclosures About Market Risk*

 Item 8.

 Financial Statements and Supplementary Data*

 Item 9.

 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure*

 Item 9A.

 Controls and Procedures*

 Item 9B.

 Other Information

 Item 9C.

 Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

 Item 10.

 Directors, Executive Officers and Corporate Governance*

 Item 11.

 Executive Compensation*

 Item 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters*

 Item 13.

 Certain Relationships and Related Transactions and Director Independence*

 Item 14.

 Principal Accounting Fees and Services*

 Item 15.

 Exhibit and Financial Statement Schedules

 Item 16.

 Form 10-K Summary

 * Item is omitted in accordance with General Instruction J to Form 10-K.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 4. Mine Safety Disclosures.

 Not applicable.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets (Financial Information).

 There are no significant obligors with respect to the pool assets held by Ally Auto Receivables Trust 2022-2 (the "Issuing Entity").

 Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivatives Instruments (Financial Information).

 No entity or group of affiliated entities provides any external credit enhancement or other support with respect to either payment of the pool assets held by the Issuing Entity or payments on the notes (the "Notes") or certificates (the "Certificates") issued by the Issuing Entity.

 Item 1115(b) of Regulation AB. Certain Derivatives Instruments (Financial Information).

 No entity or group of affiliated entities provides any derivative instruments that are used to alter the payment characteristics of the cashflows from the Issuing Entity.

 Item 1117 of Regulation AB. Legal Proceedings.

 There are no current legal proceedings pending, or to the best knowledge of management of such entity, threatened, against the Issuing Entity, the sponsor, the servicer or the depositor that, if determined adversely to such party, would be expected to have a material adverse effect on the performance of the notes.

 The owner trustee has represented to the Issuing Entity that it is not a party to any current legal proceedings, nor is its management aware of any legal proceedings threatened against it that, if determined adversely to such party, would be expected to have a material adverse effect on the performance of the notes.

 The indenture trustee has provided the following information for inclusion in this report on Form 10-K

 U.S. Bank National Association ("U.S. Bank") and other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage backed securities ( RMBS) trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of action based upon the trustees' purported failures to enforce repurchase obligations of mortgage loan sellers for alleged breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.

 U.S. Bank denies liability and believes that it has performed its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious defenses, and it has contested and intends to continue contesting the plaintiffs' claims vigorously. However, U.S. Bank cannot assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.

 On March 9, 2018, a law firm purporting to represent fifteen Delaware statutory trusts (the "DSTs") that issued securities backed by student loans (the "Student Loans") filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association ("U.S. Bank") in its capacities as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT Action"). The complaint, as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants concerning administration of the trusts and

 special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations made on behalf of the DSTs in the NCMSLT Action.

 U.S. Bank has filed a motion seeking dismissal of the operative complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of Chancery concerning the DSTs and the Student Loans, which remains pending.

 U.S. Bank denies liability in the NCMSLT Action and believes it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue contesting the plaintiffs' claims vigorously.

 Item 9B. Other Information.

 None.

 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

 Not applicable.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119. The information has been provided previously in a Prospectus, dated October 4, 2022, filed by the Issuing Entity, pursuant to Rule 424(b)(5) of the Securities Act of 1933 on October 6, 2022.

 Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.

 Each of Ally Bank and U.S. Bank Trust Company, National Association (each, a "Servicing Participant") has been identified by the registrant as a party participating in the servicing function with respect to the pool assets held by the Issuing Entity during the reporting period. Each of the Servicing Participants has completed a report on an assessment of compliance with the servicing criteria applicable to such Servicing Participant (each, a "Report on Assessment") during the Issuing Entity's year ended December 31, 2024, which Reports on Assessment are attached as exhibits to this Form 10-K. In addition, each of the Servicing Participants has provided an attestation report (each, an "Attestation Report") by a registered independent public accounting firm regarding its related Report on Assessment. Each Attestation Report is attached as an exhibit to this Form 10-K.

 None of the Reports on Assessment or the related Attestation Reports has identified any material instances of noncompliance with the servicing criteria described in the related Report on Assessment as being applicable to each such Servicing Participant.

 Item 1123 of Regulation AB. Servicer Compliance Statement.

 Ally Bank has been identified as the servicer during the reporting period with respect to the pool assets held by the Issuing Entity. Ally Bank has provided a statement of compliance with the applicable servicing activities (the "Compliance Statement"), signed by an authorized officer, and such Compliance Statement is attached as an exhibit to this Form 10-K.

 Item 15. Exhibit and Financial Statement Schedules.

 (a)
 List the following documents filed as a part of the report

 (1)
 Financial Statements — Not Applicable.

 (2)
 Financial Statement Schedules — Not Applicable.

 (3)
 Exhibits

 •
 Second Amended and Restated Limited Liability Company Agreement of Ally Auto Assets LLC, dated as of November 7, 2018.

 •
 Indenture between Ally Auto Receivables Trust 2022-2 and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 •
 Trust Agreement between Ally Auto Assets LLC, as Depositor and BNY Mellon Trust of Delaware, as Owner Trustee and Paying Agent, dated as of October 12, 2022.

 •
 Pooling Agreement between Ally Bank, as Seller, and Ally Auto Assets LLC, dated as of October 12, 2022.

 •
 Rule 13a-14(d) 15d-14(d) Certification (Section 302 Certification).

 •
 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of Ally Bank for the year ended December 31, 2024.

 •
 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of U.S. Bank Trust Company, National Association for the year ended December 31, 2024.

 •
 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of Ally Bank dated March 12, 2025 for the year ended December 31, 2024.

 •
 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of U.S. Bank Trust Company, National Association dated February 27, 2025 for the year ended December 31, 2024.

 •
 Servicer Compliance Statement of Ally Bank for the year ended December 31, 2024.

 •
 Trust Sale Agreement between Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 •
 Custodian Agreement between Ally Bank, as Custodian, and Ally Auto Assets LLC, as Depositor, dated as of October 12, 2022.

 •
 Administration Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Administrator, and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 •
 Servicing Agreement among Ally Bank, as Servicer, Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 •
 Asset Representations Review Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Sponsor, and Clayton Fixed Income Services LLC, as Asset Representations Reviewer, dated as of October 12, 2022.

 •
 Securities Account Control Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary, dated as of October 12, 2022.

 Item 16. Form 10-K Summary.

 None.

 Signature

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 Ally Auto Assets LLC, as Depositor

 s Elliot Kahan

 Elliot Kahan

 President

 (Senior Officer in charge of securitization of the depositor)

 Date March 25, 2025

 Index of Exhibits

 Exhibit

 Description

 Method of Filing

 3.1

 Second Amended and Restated Limited Liability Company Agreement of Ally Auto Assets LLC, dated as of November 7, 2018.

 **

 4.1

 Indenture between Ally Auto Receivables Trust 2022-2 and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 *

 4.2

 Trust Agreement between Ally Auto Assets LLC, as Depositor and BNY Mellon Trust of Delaware, as Owner Trustee and Paying Agent, dated as of October 12, 2022.

 *

 4.3

 Pooling Agreement between Ally Bank, as Seller, and Ally Auto Assets LLC, dated as of October 12, 2022.

 *

 31.1

 Certification of Executive Officer Pursuant to Rule 13a-14(d) 15d-14(d).

 33.1

 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of Ally Bank for the year ended December 31, 2024.

 33.2

 Report on Assessment of Compliance with SEC Regulation AB Servicing Criteria concerning activities of U.S. Bank Trust Company, National Association for the year ended December 31, 2024.

 34.1

 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of Ally Bank dated March 12, 2025 for the year ended December 31, 2024.

 34.2

 Registered Public Accounting Firm Attestation Report on Assessment of Compliance with applicable Servicing Criteria of U.S. Bank Trust Company, National Association, dated February 27, 2025 for the year ended December 31, 2024.

 35.1

 Servicer Compliance Statement of Ally Bank for the year ended December 31, 2024.

 99.1

 Trust Sale Agreement between Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 *

 99.2

 Custodian Agreement between Ally Bank, as Custodian, and Ally Auto Assets LLC, as Depositor, dated as of October 12, 2022.

 *

 99.3

 Administration Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Administrator, and U.S. Bank Trust Company, National Association, as Indenture Trustee, dated as of October 12, 2022.

 *

 99.4

 Servicing Agreement among Ally Bank, as Servicer, Ally Auto Assets LLC, as Depositor, and Ally Auto Receivables Trust 2022-2, as Issuing Entity, dated as of October 12, 2022.

 *

 99.5

 Asset Representations Review Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, Ally Bank, as Sponsor, and Clayton Fixed Income Services LLC, as Asset Representations Reviewer, dated as of October 12, 2022.

 *

 99.6

 Securities Account Control Agreement among Ally Auto Receivables Trust 2022-2, as Issuing Entity, U.S. Bank Trust Company, National Association, as Indenture Trustee, and U.S. Bank National Association, as Securities Intermediary, dated as of October 12, 2022.

 *

 *
 Incorporated by reference to the corresponding Exhibit to the Issuing Entity's Current Report on Form 8-K filed on October 12, 2022 (File No. 333-262894-02).

 **
 Incorporated by reference to Exhibit 3.1 of Ally Auto Assets LLC's Form SF-3 Registration Statement filed on March 24, 2025 (File No. 333-286053).


Document

 UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

 FORM 10-K

 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended February 29, 2024
 OR
 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from_____to_____

 Commission File Number of issuing entity 333-260819-04

 Central Index Key Number of issuing entity 0001946521

 CARMAX AUTO OWNER TRUST 2022-4
 (Exact name of the Issuing Entity as specified in its charter)

 Commission File Number of depositor 333-260819

 Central Index Key Number of depositor 0001259380

 CARMAX AUTO FUNDING LLC
 (Exact name of the Depositor as specified in its charter)

 Central Index Key Number of sponsor (if applicable) 0001601902

 CARMAX BUSINESS SERVICES, LLC
 (Exact name of the Sponsor as specified in its charter)

 Delaware
 (State or other jurisdiction of incorporation or organization for the Issuing Entity and the Depositor)

 88-6679158
 (I.R.S. Employer Identification No. for the Issuing Entity)

 01-0794037
 (I.R.S. Employer Identification No. for the Depositor)

 12800 Tuckahoe Creek Parkway, Suite 400, Richmond, VA 23238
 (Address of principal executive offices, Zip Code)

 (804) 935-4512
 (Registrant's telephone number, including area code)

 Securities registered pursuant to Section 12(b) of the Act None

 Securities registered pursuant to Section 12(g) of the Act None

 Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No
 Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No

 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No (The registrant is not currently required to submit such files)

 Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.

 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act. (Check one)

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer (do not check if a smaller reporting company)

 Smaller reporting company

 Emerging growth company

 If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.

 Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes No

 State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter Not applicable.

 DOCUMENTS INCORPORATED BY REFERENCE

 List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated (1) Any annual report to security holders (2) Any proxy or information statement and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980). None.

 The following items have been omitted in accordance with General Instruction J to Form 10-K

 Item 1.
 Business.

 Item 1A.
 Risk Factors.

 Item 2.
 Properties.

 Item 3.
 Legal Proceedings.

 Item 1B. Unresolved Staff Comments.
 None.

 Item 4. Mine Safety Disclosures.
 Not applicable.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets (Financial Information).

 No single obligor represents 10% or more of the pool assets held by CarMax Auto Owner Trust 2022-4 (the Issuing Entity).

 Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivatives Instruments (Information Regarding Significant Enhancement Providers).

 No entity or group of affiliated entities provides any external credit enhancement or other support with respect to either payment on the pool assets held by the Issuing Entity or payments on the asset-backed notes (the Notes) issued by the Issuing Entity.

 Item 1115(b) of Regulation AB. Certain Derivatives Instruments (Financial Information).

 Based on the standards set forth in Item 1115(b) of Regulation AB, no information is required in response to this item.

 Item 1117 of Regulation AB. Legal Proceedings.

 There are no legal proceedings pending, or any proceedings known to be contemplated by governmental authorities, against CarMax Business Services, LLC (the "Sponsor" and, in its role as the servicer, the "Servicer"), CarMax Auto Funding LLC (the "Depositor"), Wilmington Trust, National Association (the "Indenture Trustee"), the Issuing Entity or the other parties described in Item 1117 of Regulation AB, or of which any property of the foregoing is the subject, that are material to holders of the Notes.

 The following items have been omitted in accordance with General Instruction J to Form 10-K

 Item 5.
 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

 Item 6.
 Selected Financial Data.

 Item 7.
 Management's Discussion and Analysis of Financial Condition and Results of Operations.

 Item 7A.
 Quantitative and Qualitative Disclosures About Market Risk.

 Item 8.
 Financial Statements and Supplementary Data.

 Item 9.
 Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.

 Item 9A.
 Controls and Procedures

 Item 9B. Other Information.

 None.

 The following items have been omitted in accordance with General Instruction J to Form 10-K

 Item 10.
 Directors, Executive Officers and Corporate Governance.

 Item 11.
 Executive Compensation.

 Item 12.
 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

 Item 13.
 Certain Relationships and Related Transactions, and Director Independence.

 Item 14.
 Principal Accountant Fees and Services.

 Substitute information provided in accordance with General Instruction J to Form 10-K

 Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.

 Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.

 Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.

 The Servicer and the Indenture Trustee (collectively, the "Servicing Parties") have been identified by the registrant as parties participating in the servicing function with respect to the asset pool held by the Issuing Entity. Each of the Servicing Parties has completed a report on an assessment of compliance with the servicing criteria applicable to it (each, a Servicing Report), which Servicing Reports are attached as exhibits to this report on Form 10-K. In addition, each of the Servicing Parties has provided an attestation report under Item 1122 of Regulation AB (each, an Attestation Report) by an independent registered public accounting firm, which reports are also attached as exhibits to this report on Form 10-K. Neither of the Servicing Reports provided by the Servicer or the Indenture Trustee nor the Attestation Reports provided by the Servicer or the Indenture Trustee has identified any material instance of noncompliance with the servicing criteria applicable to the respective Servicing Party.

 Item 1123 of Regulation AB. Servicer Compliance Statement.

 The Servicer has been identified by the registrant as a servicer with respect to the asset pool held by the Issuing Entity. The Servicer has completed a statement of compliance (a Compliance Statement) signed by an authorized officer of the Servicer. The Compliance Statement is attached as an exhibit to this report on Form 10-K.

 Item 15. Exhibits and Financial Statement Schedules.

 (a)(1)
 Not applicable.

 (a)(2)
 Not applicable.

 (a)(3)
 The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index.

 (b)
 The exhibits filed in response to Item 601 of Regulation S-K are listed in the Exhibit Index.

 (c)
 Not applicable.

 Item 16. Form 10-K Summary.

 None.

 Supplemental Information to be Furnished With Reports Filed Pursuant to Section 15(d) of the Act by Registrants Which Have Not Registered Securities Pursuant to Section 12 of the Act

 No annual report to security holders, proxy statement, form of proxy or other proxy soliciting material has been sent to security holders or is anticipated to be furnished to security holders subsequent to the filing of this annual report on Form 10-K.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 Date May 21, 2024

 CARMAX AUTO OWNER TRUST 2022-4

 By
 CarMax Auto Funding LLC,

 as Depositor on behalf of CarMax Auto Owner Trust 2022-4

 By
 s Greg Dostich

 Name
 Greg Dostich

 Title
 Vice President and Treasurer

 (Senior officer in charge of securitization)

 EXHIBIT INDEX

 Exhibit Number

 Description of Exhibit

 3.1

 Certificate of Formation of CarMax Auto Funding LLC.*

 3.2

 Amended and Restated Limited Liability Company Agreement of CarMax Auto Funding LLC dated as of December 1, 2004.**

 4.1

 Indenture dated as of October 1, 2022 between the Issuing Entity and Wilmington Trust, National Association, as indenture trustee (including forms of the Notes).***

 4.2

 Amended and Restated Trust Agreement dated as of October 1, 2022 between CarMax Auto Funding LLC, as depositor, and U.S. Bank Trust National Association, as owner trustee.***

 31.1

 Rule 13a-14(d) 15d-14(d) Certification of CarMax Auto Funding LLC (Section 302 Certification).

 33.1

 Report on Assessment of Compliance with Applicable Servicing Criteria of CarMax Business Services, LLC.

 33.2

 Report on Assessment of Compliance with Applicable Servicing Criteria of Wilmington Trust, National Association.

 34.1

 Attestation Report on Assessment of Compliance with Servicing Criteria of KPMG LLP, on behalf of CarMax Business Services, LLC.

 34.2

 Attestation Report on Assessment of Compliance with Servicing Criteria of PricewaterhouseCoopers LLP, on behalf of Wilmington Trust, National Association.

 35.1

 Annual Servicing Compliance Statement of CarMax Business Services, LLC.

 99.1

 Sale and Servicing Agreement dated as of October 1, 2022 among the Issuing Entity, CarMax Auto Funding LLC, as depositor, and CarMax Business Services, LLC, as servicer.***

 99.2

 Receivables Purchase Agreement dated as of October 1, 2022 between CarMax Business Services, LLC, as seller, and CarMax Auto Funding LLC, as purchaser.***

 99.3

 Administration Agreement dated as of October 1, 2022 among the Issuing Entity, CarMax Business Services, LLC, as administrator, and Wilmington Trust, National Association, as indenture trustee.***

 99.4

 Asset Representations Review Agreement dated as of October 1, 2022 among the Issuing Entity, CarMax Business Services, LLC, as servicer, and Clayton Fixed Income Services LLC, as asset representations reviewer.***

 ________________________________________________________________________

 *

 Incorporated by reference from the registration statement on Form S-3 of CarMax Auto Funding LLC originally filed on September 26, 2003 (File No. 333-107925).

 **

 Incorporated by reference from the registration statement on Form S-3 of CarMax Auto Funding LLC originally filed on August 4, 2005 (File No. 333-127189).

 ***

 Incorporated by reference from the current report on Form 8-K of CarMax Auto Funding LLC and the Issuing Entity filed on October 28, 2022 (File No. 333-107925 and File No. 333-260819-04).