8-K – 2025-12-11 – d53415d8k.htm

8-K

COPART INC NASDAQ false 0000900075 0000900075 2025-12-05 2025-12-05
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 

FORM 8-K
 
 

CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
December 5, 2025
Date of Report (date of earliest event reported)
 
 

COPART, INC.
(Exact name of registrant as specified in its charter)
 
 

 

Delaware
 
000-23255
 
94-2867490

(State or other jurisdiction
of incorporation or organization)
 
(Commission
File Number)

 
(I.R.S. Employer
Identification No.)

 

14185 Dallas Parkway
 

 
75254

Suite 300
 

 
(Zip Code)

Dallas , Texas
 

 

(972) 391-5000
Registrant’s telephone number, including area code
Not applicable
(Former name or former address, if changed since last report)
 
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
 

Title of each class

 
Trading
Symbol(s)

 
Name of each exchange
on which registered

Common Stock, par value $0.0001
 
CPRT
 
The NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 

INFORMATION INCLUDED IN THIS REPORT
Section 5 — Corporate Governance & Management
 

Item 5.07
Submission of Matters to a Vote of Security Holders.

Copart, Inc. (the “Company”) held its 2025 annual meeting of stockholders on December 5, 2025 (the “Annual Meeting”). Of the 967,834,374 shares of our common stock outstanding as of the record date of October 10, 2025, 880,459,232 shares were represented at the Annual Meeting, either in person or by proxy, constituting approximately 91% of the outstanding shares of common stock. The matters voted on at the Annual Meeting and the votes cast with respect to each such matter are set forth below.
 

1.
Election of Directors. The stockholders elected the following nominees to serve as directors, each to hold office until the Company’s 2026 annual meeting of stockholders or until their respective successors are duly elected and qualified:

 

Nominee

  
Votes For
 
  
Votes Against
 
  
Votes Withheld
 
  
Broker Non-Votes
 

Willis J. Johnson

  
 
788,871,626
 
  
 
46,685,941
 
  
 
329,936
 
  
 
44,571,729
 

A. Jayson Adair

  
 
795,567,166
 
  
 
39,968,832
 
  
 
351,505
 
  
 
44,571,729
 

Matt Blunt

  
 
788,796,510
 
  
 
46,711,405
 
  
 
379,588
 
  
 
44,571,729
 

Steven D. Cohan

  
 
738,594,903
 
  
 
96,911,328
 
  
 
381,272
 
  
 
44,571,729
 

Daniel J. Englander

  
 
741,170,529
 
  
 
88,004,200
 
  
 
6,712,774
 
  
 
44,571,729
 

James E. Meeks

  
 
789,102,507
 
  
 
40,507,815
 
  
 
6,277,181
 
  
 
44,571,729
 

Thomas N. Tryforos

  
 
783,132,156
 
  
 
51,929,818
 
  
 
825,529
 
  
 
44,571,729
 

Diane M. Morefield

  
 
716,171,076
 
  
 
110,519,340
 
  
 
9,197,087
 
  
 
44,571,729
 

Stephen Fisher

  
 
814,130,932
 
  
 
15,470,343
 
  
 
6,286,228
 
  
 
44,571,729
 

Cherylyn Harley LeBon

  
 
803,350,122
 
  
 
31,725,570
 
  
 
811,811
 
  
 
44,571,729
 

Carl D. Sparks

  
 
792,071,243
 
  
 
36,667,366
 
  
 
7,148,894
 
  
 
44,571,729
 

Jeffrey Liaw

  
 
821,074,088
 
  
 
14,446,803
 
  
 
366,612
 
  
 
44,571,729
 

 

2.
Advisory Vote on Approval of Executive Compensation. On an advisory (non-binding) basis, the stockholders approved the compensation of our named executive officers for the year ended July 31, 2025 as disclosed in our proxy statement, based on the following results of voting:

 

Votes For

 
Votes Against

 
Votes Withheld

 
Broker Non-Votes

770,518,442
 
63,624,957
 
1,744,104
 
44,571,729

 

3.
Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders ratified the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending July 31, 2026, based on the following results of voting:

 

Votes For

 
Votes Against

 
Votes Withheld

 
Broker Non-Votes

864,365,108
 
15,739,493
 
354,631
 
—

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 11, 2025
 

COPART, INC.

By:
 
/s/ Paul K. Kirkpatrick

 
Paul K. Kirkpatrick

 
Senior Vice President, Chief Legal Officer, and Secretary