Copart (NASDAQ: CPRT) director granted 17,813 stock options at $38.72 strike

Rhea-AI Filing Summary

Copart, Inc. reported an insider equity award to one of its directors dated 12/05/2025. The filing shows a grant of a stock option covering 17,813 shares of common stock at an exercise price of $38.72 per share, issued under the company’s 2007 Equity Incentive Plan.

The options vest on a monthly basis over the 12 months following the grant date and carry an expiration date of 12/05/2032. After this grant, the director beneficially owns 17,813 stock options directly, and the price of the derivative security is listed as $0.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

LeBon Cherylyn Harley

(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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Copart (CPRT) disclose in this filing?

Copart disclosed that a director received a stock option grant on 12/05/2025, covering 17,813 shares of the company’s common stock.

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

The director was granted 17,813 stock options with an exercise price of $38.72 per share.

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

The options vest on a monthly basis over 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) stock options granted?

The options were granted under Copart’s 2007 Equity Incentive Plan, as stated in the filing.

Is the Copart (CPRT) director’s ownership of these options direct or indirect?

The filing lists the 17,813 stock options as being held with direct ownership by the director.

What price is shown for the Copart (CPRT) derivative security in this grant?

The price of the derivative security associated with the grant is listed as $0 in the filing.