Copart filings document the company's online vehicle auction and vehicle remarketing business, including reported revenue, gross profit, net income and earnings per share furnished in recurring Form 8-K earnings releases. The filings also identify its Nasdaq-listed common stock and the operating subsidiaries involved in financing arrangements.
Copart's regulatory record includes material-event reports for a senior revolving credit agreement, exhibits to earnings releases and proxy materials covering annual meeting matters, board elections, executive compensation, ownership and governance. These disclosures describe the capital structure, liquidity arrangements and shareholder voting framework around CPRT.
COPART, INC. (CPRT) reports revised compensation terms for Jane Pocock in connection with her appointment as President effective August 1, 2026. The Compensation Committee approved an annual base salary of $804,000, a target annual bonus of $643,000, and equity incentives under the company’s equity plan.
Pocock will receive restricted stock units with a grant-date value of $800,000, vesting over five years, and an option to purchase 500,000 shares at Fair Market Value as of August 16, 2026, also vesting over five years. 279,000 of these options carry an additional “Premium Price Hurdle,” requiring the stock price to reach at least 125% of the exercise price and maintain that level for 20 consecutive trading days and at exercise, subject to continued employment.
COPART INC (CPRT) reported equity awards to Chief Financial Officer Leah C. Stearns. She received 12,654 Restricted Stock Units, each representing one share of common stock, and 200,000 stock options with a per-share exercise price of $31.61, expiring on August 16, 2036.
The RSUs vest 20% on August 16, 2027, with the remainder vesting quarterly so that all vest by the fifth anniversary. The options vest over five years with time-based vesting; 114,400 of these options also require Copart’s stock to trade at or above $39.51 for twenty consecutive trading days and at exercise to become exercisable.
COPART INC (CPRT) reported that President Jane Pocock received equity awards on August 16, 2026. She was granted 25,308 Restricted Stock Units, each representing one share of common stock, and 500,000 stock options with an exercise price of $31.61 per share. RSUs vest 20% on August 16, 2027, with the remainder vesting quarterly so that all vest by the fifth anniversary. The options vest over five years with time-based vesting and expire in 2036, and 279,000 options also require the stock price to reach at least $39.51 for twenty consecutive trading days before they become exercisable.
Copart, Inc. appointed David J. Berger to its Board of Directors effective August 13, 2026, with an initial term expiring at the 2026 annual meeting of stockholders. Berger, age 67, is a Senior Partner at Wilson Sonsini Goodrich & Rosati, which serves as Copart’s outside corporate counsel. Copart anticipates continuing to engage Wilson Sonsini for routine legal services and expects any fees payable for the fiscal year ending July 31, 2027 will not be material. Berger has no family relationships with Copart’s directors or executive officers and will participate in Copart’s outside director compensation program, and the company has entered into its standard indemnification agreement with him. A press release dated August 17, 2026 announcing his appointment is furnished as Exhibit 99.1 and not deemed filed for Exchange Act liability purposes.
COPART INC director David Joel Berger reported an award of 24,341 stock options on August 13, 2026. The options have an exercise price of $29.39 per share and expire on August 13, 2033. They vest on a monthly basis over the 12 months following the grant date under the company’s 2007 Equity Incentive Plan, and Berger now holds 24,341 options directly from this grant.
COPART INC (CPRT) reported that David Joel Berger has become a reporting person as a director of the company by filing an initial statement of beneficial ownership on Form 3. The filing lists no equity holdings or transactions, serving solely to establish his reporting status.
COPART INC (CPRT) reported the initial equity holdings of its President, Jane Pocock, in a Form 3. She holds 89,767 Restricted Stock Units (RSUs) tied to common stock with a stated exercise price of $0.0000, plus 330 shares of common stock held directly. The RSUs were granted on October 15, 2025 and vest 25% on the first anniversary of the grant date, then 12.5% every six months thereafter so that the award is fully vested on the fourth anniversary.
Copart Inc. Chief Executive Officer Jeffrey Liaw reported option-related transactions dated July 28, 2026. He exercised stock options to acquire 46,757 shares of common stock at strike prices of $6.78 and $8.70 per share, and sold 27,745 shares at $30.49 per share. The reported sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025. The exercised options came from 2017 and 2018 grants that vested 20% after one year and the remainder monthly over 48 months.
COPART INC Chief Executive Officer Jeffrey Liaw exercised stock options to acquire 2,089 shares of common stock on 2026-07-15 at exercise prices of $6.7800 and $8.7000 per share. These option exercises, executed under a Rule 10b5-1 trading plan, increased his direct common holdings to 80,809 shares and left stock options outstanding for 221,884 and 182,718 underlying shares from earlier grants.