UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) - ~~January~~February 2926, 2026

ONCOR ELECTRIC DELIVERY COMPANY LLC

(Exact name of registrant as specified in its charter)

DELAWARE

333-100240

75-2967830

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

1616 Woodall Rodgers Fwy., Dallas, Texas 75202

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code - (214) 486-2000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading
Symbol

Name of each exchange

on which registered

None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

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. ☐

ITEM 2.0302 ~~CREATION~~RESULTS OF AOPERATIONS ~~DIRECT~~AND FINANCIAL ~~OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT~~CONDITION.

~~Term~~On ~~Loan~~February 26, ~~Credit~~2026, ~~Agreement~~Oncor ~~Borrowing~~Electric Delivery Company LLC (“Oncor”) issued a press release discussing its financial results for the year and fiscal quarter ended December 31, 2025. The press release is furnished herewith as Exhibit 99.1.

AsITEM ~~previously reported, on December 23, 2025, Oncor Electric Delivery Company LLC (“Oncor”) entered into a $1~~7.~~4 billion~~01 ~~unsecured~~REGULATION ~~term~~FD loan credit agreement (the “Term Loan Credit Agreement”) among Oncor, as borrower, the lenders from time to time party thereto, and Sumitomo Mitsui Banking Corporation, as administrative agent for the lendersDISCLOSURE. ~~The Term Loan Credit Agreement matures on March 1, 2027. Oncor previously borrowed $925 million on December 26, 2025 under the Term Loan Credit Agreement.~~

On ~~January~~February 2926, 2026, ~~Oncor~~Sempra, ~~borrowed $475 million aggregate principal amount under~~ the ~~Term~~indirect ~~Loan~~owner ~~Credit~~of ~~Agreement. As~~ a ~~result~~majority of ~~this~~Oncor’s ~~January~~outstanding ~~borrowing~~equity interests, ~~Oncor~~distributed ~~has~~a ~~$1.4 billion~~slide ~~aggregate~~presentation ~~principal~~containing ~~amount~~certain ~~outstanding~~information ~~under~~relating ~~the~~to ~~Term~~Oncor. ~~Loan~~Slides ~~Credit~~containing ~~Agreement~~information ~~and~~related noto ~~amounts~~Oncor ~~remain~~are ~~available~~furnished ~~for~~herewith ~~future~~as ~~borrowings~~Exhibit 99.2. ~~Oncor~~References ~~used~~in the ~~proceeds~~slides ~~from~~to ~~the~~“Sempra ~~January~~Texas” ~~borrowing~~refer ~~for~~to ~~general~~Sempra’s ~~corporate~~indirect ~~purposes,~~80.25% ~~including~~ownership ~~the~~interest ~~repayment~~in ofOncor ~~outstanding~~and ~~commercial~~its ~~paper~~indirect ~~notes~~50% ~~issued~~ownership ~~under~~interest ~~Oncor’s~~in ~~commercial~~Sharyland ~~paper~~Utilities, ~~program~~L.L.C.

~~These~~The ~~borrowings~~slide ~~under~~presentation was distributed in connection with Sempra’s discussion of its financial results for the ~~Term~~year ~~Loan~~and ~~Credit~~fiscal ~~Agreement~~quarter ~~bear~~ended ~~interest~~December 31, 2025, which is being webcast live at a12 ~~per~~pm ~~annum~~ET ~~rate~~on ~~equal~~February 26, to2026. Oncor executives will participate in the ~~term~~webcast. ~~secured~~The ~~overnight~~webcast ~~financing~~will ~~rate~~be ~~(“SOFR”)~~available ~~for~~on Sempra’s website at www.sempra.com. A replay of the ~~interest~~webcast ~~period~~will ~~relevant~~also tobe ~~such~~available ~~borrowing~~on ~~plus~~Sempra’s anwebsite ~~applicable~~a ~~margin~~few ofhours 0after its conclusion.~~875%.~~

~~Additional~~In ~~details~~accordance ~~regarding~~with ~~the~~General ~~Term~~Instruction ~~Loan~~B.2 ~~Credit~~of Form ~~Agreement~~8-K, the ~~are~~information ~~contained~~presented inherein under Item 12.0102 and Item 27.0301 ofand ~~Oncor’s~~set ~~Current~~forth ~~Report~~in onthe ~~Form~~attached ~~8-K~~Exhibit ~~filed~~99.1 ~~with~~and ~~the~~Exhibit ~~Securities~~99.2 ~~and~~shall ~~Exchange~~not ~~Commission~~be ~~(the~~deemed to be “~~SEC~~filed”) onfor ~~December~~the purposes of Section ~~29,~~18 ~~2025~~of (the Securities ~~“Prior~~Exchange ~~Term~~Act ~~Loan~~of ~~8-K”)~~1934, ~~and~~as ~~are~~amended ~~incorporated~~(the ~~herein~~“Exchange byAct”), ~~reference.~~or ~~The~~otherwise ~~foregoing~~subject ~~discussion~~to of the ~~terms~~liability of ~~the~~that ~~Term~~section, ~~Loan~~and ~~Credit Agreement~~ is not ~~complete~~to ~~and~~be isincorporated ~~subject~~by ~~to,~~reference ~~and~~into ~~qualified~~any infiling ~~its~~of ~~entirety~~Oncor byunder ~~reference~~the Securities toAct of 1933, ~~the~~as ~~Term~~amended, ~~Loan~~or ~~Credit~~the Exchange ~~Agreement~~Act, ~~filed~~except as ~~Exhibit~~shall ~~10.1~~be toexpressly ~~the~~set ~~Prior~~forth ~~Term~~by ~~Loan~~specific ~~8-K~~reference in such a filing.

ARForward-Looking ~~Facility~~Statements ~~Borrowing~~

~~Oncor~~The ispress arelease ~~party~~and tothe aslide ~~revolving~~presentation ~~accounts~~contain ~~receivable~~forward-looking ~~securitization~~statements ~~facility~~relating (to Oncor within the ~~“AR~~meaning ~~Facility”)~~of ~~with~~the ~~MUFG~~Private ~~Bank~~Securities Litigation Reform Act of 1995, ~~Ltd~~which are subject to risks and uncertainties. All statements, asother ~~administrative~~than ~~agent~~statements ~~(“MUFG”).~~of Inhistorical ~~connection~~facts, ~~with~~that are included in the ARpress ~~Facility~~release and the slides, ~~Oncor~~as ~~contributes~~well ~~all~~as ofstatements ~~its~~made ~~existing~~in presentations, ~~and~~in ~~has~~response ~~committed~~ to ~~continue~~questions toor ~~contribute~~otherwise, that address activities, events or ~~sell~~developments ~~all~~that ofOncor ~~its~~expects or anticipates to occur in the future, ~~accounts~~including ~~receivable~~such ~~from~~matters ~~retail~~as ~~electric~~projections, ~~providers~~capital ~~and~~allocation, ~~certain~~future ~~related~~capital ~~rights~~expenditures, tobusiness ~~Receivables~~strategy, ~~LLC~~competitive ~~(as~~strengths, ~~defined~~goals, ~~below)~~future ~~pursuant~~acquisitions toor ~~the~~dispositions, ~~terms~~development or operation of facilities, market and industry developments and the ~~Purchase~~growth of Oncor’s business and ~~Sale~~operations ~~Agreement~~(often, ~~dated~~but asnot always, through the use of ~~April 28,~~words ~~2023~~or (phrases such as ~~amended~~“intends,” ~~the~~“plans,” “~~Sale~~will ~~Agreement~~likely result,”) “expects,” ~~among~~“expected ~~Oncor~~to,” ~~any~~“will ~~additional~~continue,” ~~originators~~“is ~~from~~anticipated,” ~~time~~“estimated,” to“forecast,” ~~time~~“should,” ~~party~~“projection,” ~~thereto~~“target,” “goal,” “objective” and “outlook”), are forward-looking statements. Although Oncor ~~Receivables~~believes ~~LLC,~~that ain ~~bankruptcy~~making any such forward-~~remote~~looking ~~special~~statement ~~purpose~~its ~~entity~~expectations ~~and~~are ~~wholly~~based on reasonable assumptions, any such forward-~~owned~~looking ~~subsidiary~~statement ofinvolves ~~Oncor~~risks, ~~(“Receivables~~uncertainties ~~LLC”)~~and assumptions. ~~Pursuant~~Factors that could cause Oncor’s actual results to ~~the~~differ ~~Receivables~~materially ~~Financing~~from ~~Agreement~~those projected in such forward-looking statements include: legislation, ~~dated~~governmental aspolicies ofand ~~April 28~~orders, ~~2023~~and ~~(as~~regulatory ~~amended~~actions; legal and administrative proceedings and settlements, including the ~~“Receivables~~exercise ~~Financing~~of ~~Agreement~~equitable powers by courts; Electric Reliability Council of Texas, Inc. (“ERCOT”) protocols, ~~among~~rules, ~~Oncor~~policies, ~~Receivables~~regulations, ~~LLC~~guidelines, ~~MUFG~~directives, and ~~certain~~orders ~~lenders~~applicable to Oncor’s business; weather conditions and ~~group~~other ~~agents~~natural ~~from~~phenomena, ~~time~~including tosevere ~~time~~weather events, natural disasters or wildfires; cyber-attacks on Oncor or Oncor’s third-party ~~thereto,~~vendors; ~~Receivables~~changes ~~LLC~~in ~~will~~expected ~~obtain~~ERCOT ~~loans~~and ~~from~~service ~~the~~territory ~~lenders~~growth; ~~secured~~changes byin, ~~all~~or cancellations of, ~~Receivables~~anticipated ~~LLC~~projects, including customer requested interconnection projects; physical attacks on Oncor’s ~~assets~~system, ~~including~~acts ~~the~~of ~~receivables~~sabotage, ~~and~~wars, ~~related~~terrorist ~~rights~~activities, ~~that~~wildfires, itfires, ~~owns.~~explosions, ~~The~~natural ~~aggregate~~disasters, ~~amount~~hazards ~~available~~customary ~~for~~to ~~borrowing~~the atindustry, ~~any~~or ~~one~~other ~~time~~emergency ~~under~~events; Oncor’s ability to obtain adequate insurance on reasonable terms and the ARpossibility ~~Facility~~that isit ~~limited~~may not have adequate insurance to ~~the~~cover ~~lesser~~all oflosses ~~the~~incurred ~~facility~~by ~~limit~~Oncor ofor ~~$500 million~~third-party ~~and~~liabilities; ~~the~~adverse ~~borrowing~~actions ~~base~~by ~~amount~~credit ~~calculated~~rating ~~based~~agencies; health epidemics and pandemics, including their impact on Oncor’s business and the ~~outstanding~~economy ~~balance~~in ofgeneral; ~~eligible~~interrupted ~~receivables~~or ~~held~~degraded asservice ~~collateral,~~on ~~subject~~key totechnology ~~certain~~platforms, ~~reserves~~facilities failures, ~~concentration~~or ~~limits~~equipment interruptions; economic conditions, ~~and~~including ~~other~~the ~~limitations.~~impact of a recessionary

~~On January 29~~ environment, ~~2026~~inflation, ~~$150 million~~foreign ~~aggregate~~policy ~~principal~~and ~~amount~~global ~~was~~trade ~~borrowed~~restrictions; ~~under~~supply ~~the~~chain ARdisruptions, ~~Facility.~~including ~~The~~as ~~proceeds~~a ~~from~~result ~~this~~of ~~borrowing~~tariffs, ~~were~~volatile ~~used~~commodity ~~for~~prices, ~~general~~global ~~corporate~~trade ~~purposes.~~disruptions, ~~Following~~competition ~~this~~for ~~borrowing~~goods and services, ~~$475 million~~and ~~aggregate~~service ~~principal~~provider ~~amount~~availability; isunanticipated ~~currently~~changes ~~outstanding~~in ~~under~~electricity ~~the~~demand ARin ~~Facility.~~ERCOT ~~The~~or AROncor’s ~~Facility~~service ~~will~~territory; ~~terminate~~ERCOT atgrid needs and ERCOT market conditions, including insufficient electricity generation within the ~~earlier~~ERCOT ofmarket ~~(i)~~ or disruptions at power generation facilities that supply power within the ~~scheduled~~ERCOT ~~termination~~market; ~~date~~changes ofin ~~April 28~~business strategy, ~~2028~~development plans or vendor relationships; changes in interest rates, ~~(ii)~~foreign ~~the~~currency ~~date~~exchange onrates, ~~which~~or ~~the~~rates ~~termination~~of ~~date~~inflation; issignificant ~~declared~~changes in operating expenses, liquidity needs and/or ~~deemed~~capital expenditures; inability of various counterparties to ~~have~~meet ~~occurred~~their ~~upon~~financial ~~the~~and ~~exercise~~other obligations to Oncor, including failure of ~~remedies~~counterparties to timely perform under agreements; general industry and ERCOT trends; significant decreases in demand or consumption of electricity delivered by ~~MUFG~~Oncor, including as ~~set~~a ~~forth~~result of increased consumer use of third-party distributed energy resources or other technologies; changes in ~~the~~technology ~~Receivables~~used ~~Financing~~by ~~Agreement~~and services offered by Oncor; changes in employee and contractor labor availability and cost; significant changes in Oncor’s relationship with its employees, orand ~~(iii)~~ the ~~date~~potential ~~that~~adverse iseffects 30if ~~days~~labor ~~after~~disputes ~~notice~~or ofgrievances ~~termination~~were isto ~~provided~~occur; bychanges ~~Receivables~~in ~~LLC.~~assumptions ~~Subject~~used to ~~the~~estimate ~~consent~~costs of ~~MUFG~~providing employee benefits, including pension and ~~the~~other ~~lenders~~postretirement employee benefits, ~~Receivables~~and ~~LLC~~future ~~may~~funding requirements related thereto; significant changes in accounting policies or critical accounting estimates material to Oncor; commercial bank and financial market conditions, 30macroeconomic ~~days~~conditions, ~~prior~~access to ~~each~~capital, ~~anniversary~~the ~~date~~cost of such capital, and the ~~Receivables~~results ~~Financing~~of ~~Agreement~~financing and refinancing efforts, ~~extend~~including availability of funds and the ARpotential ~~Facility~~impact of any disruptions in ~~one~~U.S. or foreign capital and credit markets; financial market volatility and the impact of volatile financial markets on investments, including investments held by Oncor’s pension and other postretirement employee benefit plans; circumstances which may contribute to future impairment of goodwill, intangible or other long-~~year~~lived ~~increments~~assets; Oncor’s adoption and deployment of artificial intelligence; financial and other restrictions under Oncor’s debt agreements; Oncor’s ability to generate sufficient cash flow to make interest payments on its debt instruments; and Oncor’s ability to effectively execute its operational and financing strategy.

~~Borrowings~~Further ~~under~~discussion ~~the~~of ARrisks ~~Facility~~and ~~bear~~uncertainties ~~interest~~that atcould ~~(i) the~~cause ~~daily~~actual ~~cost~~results ofto ~~asset-backed~~differ ~~commercial~~materially ~~paper~~from ~~issued~~management’s current projections, forecasts, estimates and expectations is contained in filings made by Oncor with the ~~conduit~~U.S. ~~lenders~~Securities toand ~~fund~~Exchange ~~the~~Commission. ~~loans~~Specifically, ~~plus~~Oncor ~~related~~makes ~~dealer~~reference ~~commissions~~to the section entitled “Risk Factors” in its annual and ~~note~~quarterly ~~issuance~~reports. ~~costs~~Any orforward-looking ~~(ii) if~~statement ~~funded~~speaks byonly as of the ~~committed~~date ~~lenders~~on which it is made, atand, aexcept ~~rate~~as ~~per~~may ~~annum~~be ~~equal~~required by law, Oncor undertakes no obligation to ~~SOFR~~update ~~calculated~~any ~~based~~forward-looking statement to reflect events or circumstances after the date on ~~term~~which ~~SOFR~~it ~~for~~is amade ~~one-month~~or ~~interest~~to ~~period,~~reflect ~~plus~~the 0occurrence of unanticipated events.~~10%.~~ ~~Receivables~~New ~~LLC~~factors ~~also~~emerge ~~pays~~from atime ~~used~~to time, and ~~unused~~it ~~fee~~is innot ~~connection~~possible ~~with~~for Oncor to predict all of them; nor can it assess the ARimpact ~~Facility~~of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. As such, you should not unduly rely on such forward-looking statements.

~~Receivables~~ITEM LLC’s sole business consists of the purchase or acceptance through capital contributions of the receivables and related rights from Oncor and the subsequent retransfer of or granting of a security interest in such receivables and related rights to MUFG as administrative agent for the benefit of the lenders pursuant to the Receivables Financing Agreement9.01 ~~Receivables~~FINANCIAL ~~LLC~~STATEMENTS isAND a separate legal entity with its own separate creditors who will be entitled, upon its liquidation, to have amounts owed to them be satisfied out of Receivables LLC’s assets prior to any assets or value in Receivables LLC becoming available to Receivables LLC’s equity holderEXHIBITS. ~~The assets of Receivables LLC are not available to pay creditors of Oncor or any affiliate thereof.~~

Additional details regarding the AR Facility, the Receivables Financing Agreement and the Sale Agreement are contained in Item 1.01 and Item 2.03 of Oncor’s Current Report on Form 8-K filed with the SEC on April 28, 2023 and Item 1.01 of Oncor’s Current Reports on Form 8-K filed with the SEC on April 30, 2024 and May 8, 2025, respectively (~~collectively, the “Prior AR Facility 8-Ks”~~d), ~~each~~Exhibits of which is incorporated herein by reference. The foregoing discussion of the terms of the AR Facility, the Receivables Financing Agreement and the Sale Agreement are not complete and are subject to, and qualified in their entirety by reference to, the Receivables Financing Agreement and Sale Agreement filed as exhibits to the Prior AR Facility 8-Ks.


Exhibit No.		Description

99.1		Press release issued on February 26, 2026.

99.2		Presentation slides distributed on February 26, 2026.

104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


ONCOR ELECTRIC DELIVERY COMPANY LLC

By:		/s/ Kevin R. Fease
Name:		Kevin R. Fease
Title:		Vice President and Treasurer

Dated: February 326, 2026

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