Leah C. Stearns - 16 Aug 2026 Form 4 Insider Report for COPART INC (CPRT)

Reporting relationship: Chief Financial Officer
Issuer ticker: CPRT
Reported as of: 16 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 18 Aug 2026, 17:29:13 UTC
Prior SEC filing: 18 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ D. Joseph Meister, attorney-in-fact

Key filing fact

Leah C. Stearns filed Form 4 for COPART INC (CPRT) on 18 Aug 2026.

Key facts

This page summarizes Leah C. Stearns's Form 4 filing for COPART INC (CPRT).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 18 Aug 2026, 17:29.

Change

Previous filing in this sequence was filed on 18 Sep 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001776291 Primary reporting owner

STEARNS LEAH C

Relationship: Chief Financial Officer
Address: 14185 DALLAS PARKWAY, SUITE 400, DALLAS
Signature: /s/ D. Joseph Meister, attorney-in-fact
Signature date: 18 Aug 2026

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CPRT transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +12,654
Change %
Price: $0.000000^*
Shares after: 12,654
Date: 16 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,654
Exercise price
Footnotes: F1, F2

CPRT transaction Derivative

Stock Options

Award

Transaction value
Shares: +200,000
Change %
Price: $0.000000^*
Shares after: 200,000
Date: 16 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200,000
Exercise price: $31.61
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Copart, Inc. common stock.

Footnote F2

Twenty percent of the Restricted Stock Units (RSUs) vest on the first anniversary of the grant date (August 16, 2027), and the balance vests cumulatively at a rate of 1/20 each three month quarter thereafter, such that 100% of the RSUs will vest on the fifth anniversary of the grant date.

Footnote F3

100% of the stock options are subject to time -based vesting, with 20% of the stock options vesting on the first anniversary of the grant date, and the balance vesting at a rate of 1/60 per month thereafter, such that 100% of the stock options will vest and become exerciseable on the fifth anniversary of the grant date. In addition to the time-based vesting, 114,400 of the stock options are subject to an additional performance-based vesting condition and will not be exerciseable unless and until the trading price of the Copart, Inc. Common Stock in trading on the Nasdaq Global Select Market is an amount greater than or equal to $39.51 (125% of the per share exercise price) both (1) at the moment of any exercise, and (2) at the closing price for each of the twenty consecutive trading days preceding the date of any exercise.