Welcome to our dedicated page for Copart SEC filings (Ticker: CPRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Copart, Inc. (NASDAQ: CPRT), a Dallas-based company that operates global online vehicle auctions and vehicle remarketing services. Copart’s filings offer detailed insight into its financial condition, governance, and operations across more than 250 locations in 11 countries.
Investors can review annual reports on Form 10-K for information on Copart’s business description, risk factors, and audited financial statements for fiscal years such as the year ended July 31, 2025. These reports align with data referenced in the company’s press releases, which highlight total assets, liquidity, and net income for the fiscal year. Quarterly results are often furnished through Form 8-K filings that include press releases detailing revenue, gross profit, net income, segment results, and cash flow information.
Copart also files a Definitive Proxy Statement (DEF 14A), which covers topics such as board composition, corporate governance practices, executive compensation, and items submitted to stockholders at the annual meeting. The proxy statement describes proposals including the election of directors, advisory approval of executive compensation, and ratification of the independent registered public accounting firm.
In addition, Form 8-K filings document material events such as the release of quarterly and annual financial results. These filings reference attached exhibits containing the full text of related press releases. Through this page, users can follow Copart’s regulatory reporting history in real time, while AI-powered tools can help summarize lengthy documents, highlight key financial metrics, and clarify complex sections of 10-K, 10-Q, 8-K, and proxy materials.
Copart, Inc. (CPRT) filed its 2025 proxy statement, inviting stockholders to the annual meeting on December 5, 2025 at 8:00 a.m. CST at Copart Tower in Dallas, Texas. Holders of record on October 10, 2025 may vote on three items: electing 12 directors, an advisory say‑on‑pay vote, and ratifying Ernst & Young LLP as independent auditor.
Fiscal 2025 performance: net income rose 13.9% to $1.5 billion; liquidity was $6 billion (including $4.7 billion cash and treasuries and $1.25 billion undrawn credit); total assets exceeded $10 billion. Revenue was $4.6 billion (up 9.7%), operating income $1.7 billion (up 7.9%), and EPS $1.59 vs. $1.40 (up 13.3%).
Governance & compensation: The board remains majority independent; separation of Chair and CEO roles continues. Director nominees include Chairman Willis J. Johnson and CEO Jeffrey Liaw. 2025 NEO pay: Executive Chairman A. Jayson Adair continued a $1 salary; CEO Jeffrey Liaw total $2,072,692 (salary $900,000, non‑equity incentive $1,093,400); CFO Leah C. Stearns total $1,056,305. Auditor fees for EY in 2025 were $3,108,202.
Copart (CPRT) CEO reported multiple transactions on 10/15/2025. He exercised employee stock options at $6.78 and $8.70, acquiring common shares in four lots: 809, 1,277, 4,523, and 43,166. He then sold 2,197 shares at a weighted average price of $44.8028 and 22,086 shares at a weighted average of $44.7902.
Both sales occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on April 15, 2025. Following these transactions, beneficial ownership stood at 31,332 shares held directly.
Copart (CPRT) Executive Chairman and Director A. Jayson Adair filed a Form 4 reporting transactions dated 01/06/2025.
The filing shows three transaction code G entries for common stock, each at a price of $0, reflecting disposals of 5,360, 21,200, and 21,200 shares from indirect holdings.
Following these transactions, indirect beneficial ownership reported includes 14,182,620 shares via the A. Jayson Adair and Tammi L. Adair Revocable Trust, 275,600 shares via the 2018 Willis and Reba Johnson Irrevocable Trust A, and 339,200 shares via The 2018 Willis and Reba Johnson Irrevocable Trust B.
Copart, Inc. reported fiscal 2025 revenues of $4.6 billion and operating income of $1.7 billion. The company operates a global virtual auction platform (VB3) and had 281 facilities worldwide and approximately 11,600 employees as of July 31, 2025. Copart emphasizes technology-driven selling, expanded facilities in multiple countries in fiscal 2023–2025, and proprietary seller tools such as Copart Access, Co.ai, and IntelliSeller. Liquidity improved in fiscal 2025 with higher net cash from operations, no outstanding borrowings under a $1.25 billion revolving loan facility, and ongoing capital expenditures for facility expansion and software. Foreign currency translation produced a $120.3 million cumulative translation loss recognized in accumulated other comprehensive income. Management reported effective disclosure controls and internal control over financial reporting as of July 31, 2025.
Leah C. Stearns, Chief Financial Officer of Copart, Inc. (CPRT), was granted stock option awards on 09/16/2025 totaling 150,000 option shares with an exercise price of $46.57 per share. The awards consist of two option grants of 75,000 shares each, exercisable through 09/16/2035. Twenty percent of each option vests on the first anniversary of the grant and the remainder vests over the following 48 months, with monthly vesting described for one award.
One award includes a performance-based condition: shares may not be exercised unless Copart common stock trades at or above $58.21 (125% of the exercise price) at exercise and for the 20 consecutive trading days prior to exercise.
Copart Inc. (CPRT) director Thomas N. Tryforos reported exercising stock options and simultaneously selling the underlying shares on 09/15/2025. The Form 4 shows Tryforos acquired 228,840 shares by exercising options at an exercise price of $4.91 per share and sold 228,840 shares at a weighted average price of $47.54 per share (sales ranged from $47.38 to $47.70). Following these transactions the reporting person beneficially owned 0 shares. The filing was signed by an attorney-in-fact on 09/17/2025 and references the company’s 2007 Equity Incentive Plan and prior option adjustments due to stock splits.
COPART, INC. (CPRT) Form 144 reports a proposed sale of 228,840 common shares to be executed through Morgan Stanley Smith Barney LLC on 09/15/2025. The filing shows the shares were acquired the same day via stock option exercise and paid for in cash. The aggregate market value of the proposed sale is $10,879,053.60, against 966,936,214 shares outstanding. The filer states there were no securities sold in the past three months and affirms no undisclosed material adverse information regarding the issuer.
Copart, Inc. furnished a Form 8-K reporting under Item 2.02 that it issued a press release on September 4, 2025 announcing its financial results for the fourth quarter of fiscal year 2025, which ended July 31, 2025. The company states the full text of that press release is furnished as Exhibit 99.1. The filing clarifies that the disclosed information and Exhibit 99.1 are "furnished" and not "filed" under the Securities Exchange Act, and therefore are not automatically incorporated by reference into other registration statements. No financial figures, results, or narrative from the press release are included in this Form 8-K text.
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