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. filed a Form 8-K to report that it has issued a press release announcing its financial results for the first quarter of fiscal year 2026, which ended October 31, 2025. The press release is furnished, rather than filed, under Item 2.02 as Exhibit 99.1 and is not automatically incorporated into other securities law filings. The report also lists the related iXBRL cover page as Exhibit 104 and is signed on behalf of the company by Chief Financial Officer Leah Stearns.
Copart, Inc. director reports stock option exercise on a Form 4. A company director exercised stock options covering 100,000 shares of Copart common stock on 11/13/2025 at an exercise price of $11.80 per share. Following this transaction, the reporting person directly held 100,000 shares of Copart common stock, and the reported stock option position was reduced to zero. The options were originally granted under the company’s 2007 Equity Incentive Plan and had vested monthly over 12 months after the grant date.
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.