Copart CEO Jeffrey Liaw Exercises Options and Sells Shares Under 10b5-1 Plan

This Form 4 filing reports that Jeffrey Liaw, CEO of Copart Inc. (CPRT), engaged in significant stock transactions on April 15, 2026. Liaw exercised four sets of employee stock options totaling 49,775 shares at exercise prices of $6.78 and $8.70 per share, acquiring the underlying common stock. Concurrently, he sold 26,213 shares of common stock at weighted average prices of $33.18 and $33.17 per share, resulting in substantial gains. The sales were executed automatically under a Rule 10b5-1 trading plan adopted on April 15, 2025, indicating pre-planned transactions. Following these transactions, Liaw's direct ownership decreased from 105,745 shares to 79,532 shares. The options exercised had expiration dates in October 2026 and October 2027, with vesting schedules that began in 2017 and 2018 respectively.