Jeffrey Liaw - 15 Jul 2025 Form 4 Insider Report for COPART INC (CPRT)

Role
Chief Executive Officer, Director
Signature
/s/ Gavin Renfrew attorney-in-fact
Issuer symbol
CPRT
Transactions as of
15 Jul 2025
Net transactions value
-$695,863
Form type
4
Filing time
16 Jul 2025, 20:02:43 UTC
Previous filing
05 Apr 2022
Next filing
17 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Liaw Jeffrey Chief Executive Officer, Director COPART, INC., 14185 DALLAS PARKWAY SUITE 300, DALLAS /s/ Gavin Renfrew attorney-in-fact 16 Jul 2025 0001429516

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPRT Common Stock Options Exercise $30,643 +4,523 +77% $6.78 10,363 15 Jul 2025 Direct
transaction CPRT Common Stock Options Exercise $375,328 +43,166 +417% $8.70 53,529 15 Jul 2025 Direct
transaction CPRT Common Stock Options Exercise $5,481 +809 +1.5% $6.78 54,338 15 Jul 2025 Direct
transaction CPRT Common Stock Options Exercise $11,104 +1,277 +2.4% $8.70 55,615 15 Jul 2025 Direct
transaction CPRT Common Stock Sale $87,316 -1,884 -3.4% $46.35 53,731 15 Jul 2025 Direct F1, F2
transaction CPRT Common Stock Sale $14,070 -300 -0.56% $46.90 53,431 15 Jul 2025 Direct F3
transaction CPRT Common Stock Sale $847,652 -18,288 -34% $46.35 35,143 15 Jul 2025 Direct F4, F5
transaction CPRT Common Stock Sale $169,381 -3,616 -10% $46.84 31,527 15 Jul 2025 Direct F6, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPRT Employee Stock Option (right to buy) Options Exercise $0 -4,523 -17% $0.000000 22,141 15 Jul 2025 Common Stock 4,523 $6.78 Direct F8, F9
transaction CPRT Employee Stock Option (right to buy) Options Exercise $0 -43,166 -11% $0.000000 356,834 15 Jul 2025 Common Stock 43,166 $8.70 Direct F8, F10
transaction CPRT Employee Stock Option (right to buy) Options Exercise $0 -809 -3.7% $0.000000 21,332 15 Jul 2025 Common Stock 809 $6.78 Direct F8, F9
transaction CPRT Employee Stock Option (right to buy) Options Exercise $0 -1,277 -0.36% $0.000000 355,557 15 Jul 2025 Common Stock 1,277 $8.70 Direct F8, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.74 to $46.63, inclusive. The reporting person undertakes to provide to Copart, Inc., any security holder of Copart, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (1), (4) and (6) to this Form 4.
F2 The reported sale of 1,884 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025.
F3 The reported sale of 300 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.63 to $46.62, inclusive.
F5 The reported sale of 18,288 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.63 to $46.90, inclusive
F7 The reported sale of 3,616 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025.
F8 2007 Equity Incentive Plan.
F9 Twenty percent (20%) of the options vested on the first anniversary of the grant date (October 10, 2017) and the balance vested on a monthly basis over the 48 months succeeding such first anniversary.
F10 Twenty percent (20%) of the options vested on the first anniversary of the grant date (October 4, 2018) and the balance vested on a monthly basis over the 48 months succeeding such first anniversary.