Copart Director Diane M. Morefield Files Proposed Sale of 20,000 Shares

Executive Summary

On October 15, 2026, Copart Inc ($CPRT) director Diane M. Morefield filed a Form 144 notice disclosing the intent to sell up to 20,000 shares of common stock through Charles Schwab Corporation. The proposed transaction carries an estimated aggregate market value of $551,290.00, implying a sale price of approximately $27.56 per share.

Transaction Details

• Securities to be Sold: 20,000 shares of Common Stock.
• Aggregate Market Value: $551,290.00.
• Origin of Shares: Acquired via stock option exercise on December 23, 2024, as equity compensation from the issuer.
• Beneficial Ownership Context: The filing remarks indicate that Diane M. Morefield serves as Grantor for The Diane M. Morefield Irrevocable Trust.
• Past 3 Months Sales: No reportable sales of issuer securities in the past three months.

Market and Trading Context

With 926,330,452 total shares outstanding, the 20,000 shares slated for sale represent roughly 0.002% of the company's outstanding equity. Given the minimal volume relative to Copart's overall capitalization and daily liquidity, this routine planned liquidation is assessed as having Low trading significance.