Copart (NASDAQ: CPRT) director receives 17,813 options at $38.72 exercise price

Rhea-AI Filing Summary

Copart, Inc. reported that one of its directors received a grant of stock options on 12/05/2025. The Form 4 shows the award of 17,813 stock options with an exercise price of $38.72 per share, each option linked to one share of Copart common stock.

The options were granted under Copart’s 2007 Equity Incentive Plan, carry an expiration date of 12/05/2032, and were reported as directly owned. According to the footnotes, the options vest on a monthly basis over the 12 months following the grant date, meaning the director’s right to exercise the options increases gradually during the year after the grant.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Englander Daniel J

(Last) (First) (Middle)

C/O COPART, INC. 14185 DALLAS PARKWAY

SUITE 300

(Street)

DALLAS TX 75254

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COPART INC [ CPRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$38.72	12/05/2025		A		17,813(1)		(2)	12/05/2032	Common Stock	17,813	$0	17,813	D

Explanation of Responses:

1. 2007 Equity Incentive Plan.

2. Options vest on a monthly basis over the 12 months succeeding the grant date.

Remarks:

	/s/ D. Joseph Meister, attorney-in-fact	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Copart (CPRT) report in this Form 4?

The Form 4 reports that a Copart director received a grant of stock options on 12/05/2025, giving the right to buy Copart common stock at a fixed price.

How many Copart (CPRT) stock options were granted and at what exercise price?

The director was granted 17,813 stock options, each with an exercise price of $38.72 per share, as disclosed in Table II.

When do the Copart (CPRT) options vest and expire?

According to the footnotes, the options vest on a monthly basis over the 12 months following the 12/05/2025 grant date and have an expiration date of 12/05/2032.

Under which plan were the Copart (CPRT) options granted?

The Form 4 states that the options were granted under Copart’s 2007 Equity Incentive Plan, as indicated in the explanation of responses.

How many derivative securities does the Copart (CPRT) insider own after this transaction?

After the reported transaction, the Form 4 shows the director beneficially owning 17,813 derivative securities (stock options), all reported as held directly.

Is the Copart (CPRT) option holding reported as direct or indirect ownership?

The Form 4 lists the ownership form as Direct (D) for the 17,813 stock options, indicating they are held directly by the reporting person.