ADAIR A JAYSON 4

What Happened

• A. Jayson Adair, Executive Chairman and Director of Copart, reported three gifts of Copart common stock on January 20, 2026. The reported dispositions were: 7,761 shares (gift), 21,200 shares (gift), and 21,200 shares (gift), all reported at $0.00 per share (totaling 50,161 shares).
• These were gifts (transaction code G), not sales or purchases, so they transfer ownership rather than signal a cash-market trade.

Key Details

• Transaction date: January 20, 2026; Filing date: January 22, 2026 (Form 4 accession 0001628280-26-003129). No indication in the filing provided that the report was late.
• Prices: $0.00 per share reported (Gifts / dispositions).
• Shares owned after transaction: not specified in the data provided here; see the filing for the "Amount Owned Following Reported Transaction" field.
• Notable footnotes from the filing:
  • F1: Shares held by the A. Jayson Adair and Tammi L. Adair Revocable Trust, of which the reporting person and spouse are trustees.
  • F2: Shares held by an irrevocable trust for immediate family benefit, with the reporting person as trustee.
  • F3: Shares held by JTGJ Investments, LP; reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Transaction code: G = Gift. No options, 10b5-1 plan, or tax-withholding codes reported here.

Context

• Gifts do not necessarily reflect the insider’s view of the stock’s near‑term prospects; they are often used for estate planning or transfers to family/trusts.
• Because one holding vehicle (JTGJ) is a partnership and the reporting person disclaims beneficial ownership except to the extent of pecuniary interest, consult the full Form 4 filing for precise post-transaction holdings and ownership disclosure.