Copart director proposes $551K sale of 20,000 shares

The notice names Charles Schwab Corporation as broker and identifies the proposed-sale shares as acquired through an option exercise on December 23, 2024.

Rhea-AI Filing Summary

Copart Inc. director Diane M. Morefield filed a notice of proposed sale of 20,000 common shares, listing an aggregate market value of $551,290 and an approximate sale date of October 15, 2026. Charles Schwab Corporation is listed as the broker. The notice states that the 20,000 shares were acquired through a stock option exercise on December 23, 2024; Morefield’s remarks identify her as grantor for The Diane M. Morefield Irrevocable Trust.

Key Figures

Proposed sale: 20,000 common shares Aggregate market value: $551,290 Common shares outstanding: 926,330,452 shares +1 more

4 metrics

Proposed sale 20,000 common shares Approximate sale date: October 15, 2026

Aggregate market value $551,290 Shares listed for proposed sale

Common shares outstanding 926,330,452 shares As listed in the notice

Shares acquired through stock option exercise 20,000 shares December 23, 2024

Key Terms

Rule 144, aggregate market value, stock option exercise

3 terms

Rule 144 regulatory

"definition of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

aggregate market value financial

"aggregate market value"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

stock option exercise financial

"Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Copart (CPRT) shares does Diane M. Morefield propose to sell?

Her notice lists a proposed sale of 20,000 common shares, with an approximate sale date of October 15, 2026. The stated aggregate market value is $551,290.

How many Copart (CPRT) shares were outstanding in Diane M. Morefield’s notice?

The notice lists 926,330,452 common shares outstanding.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/15/2026 - 11:26 AM EDT Accepted by SEC EDGAR 10/15/2026 - 11:26 AM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001487292
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	COPART INC
SEC File Number	000-23255
Address of Issuer	14185 DALLAS PARKWAY SUITE 300 DALLAS TEXAS 75254
Phone	972-391-5000
Name of Person for Whose Account the Securities are To Be Sold	Morefield Diane M
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corporation 3000 Schwab Way Westlake TX 76262	20000	551290.00	926330452	10/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/23/2024	Stock Option Exercise	Issuer			20000	12/23/2024	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	Diane M. Morefield - Grantor for The Diane M. Morefield Irrevocable Trust
Date of Notice	10/15/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Diane M Morefield
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)