SEC Form 4 · accession 0001193125-26-326503
COPART INC · CPRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Liaw
Officer — Chief Executive Officer
Period of report
Jul 28, 2026
Accepted (ET)
Jul 30, 2026 · 8:07 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0000900075
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 28, 2026 | M | 3,591 | $6.78 | A | 84,220 | D | |
| Common Stock | Jul 28, 2026 | M | 43,166 | $8.70 | A | 127,386 | D | |
| Common StockF1 | Jul 28, 2026 | S | 27,745 | $30.49 | D | 99,641 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $6.78 | Jul 28, 2026 | M | 3,591 | D | — | Oct 10, 2026 | Common Stock | 3,591 | 0 | D |
| Stock OptionF3 | $8.70 | Jul 28, 2026 | M | 43,166 | D | — | Oct 4, 2027 | Common Stock | 43,166 | 178,718 | D |
Explanation of responses
- F1The reported sale of 27,745 shares occurred automatically pursuan to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2025.
- F2Twenty 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.
- F3Twenty 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.