4Filed Aug 16, 8:00 PM ET

Copart (CPRT) Director David Berger Receives Award of 24,341 Shares

$CPRT · COPART INC

Research Summary

AI-generated summary of this SEC filing

Updated

Copart (CPRT) Director David Berger Receives Award of 24,341 Shares

What Happened

  • David Joel Berger, a director of Copart Inc. (CPRT), received a derivative award of 24,341 shares on 2026-08-13. The award shows $0 paid at grant (no cash outlay) and is reported as a derivative instrument (options/award) rather than an open-market purchase or sale. This is a compensation grant rather than a buy or sell.

Key Details

  • Transaction date: 2026-08-13; Report filed: 2026-08-17 (appears timely).
  • Reported price: $0.00 (no cash paid at grant); total reported value $0 in the filing excerpt.
  • Vesting/terms: Footnote F1 states the options vest on a monthly basis over the 12 months following the grant date. Footnote F2 cites the 2007 Equity Incentive Plan.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing timeliness: Filing date is within the typical Form 4 reporting window for an 8/13 transaction (filed 8/17), so not flagged as late.

Context

  • This is an equity compensation grant (derivative award) to a director. Such grants are standard corporate compensation and do not by themselves indicate the insider bought or sold stock in the open market. The award vests monthly over one year; there is no indication here of immediate exercise or sale.