COPART INC

Proxy Statement Summary This summary highlights information contained elsewhere in this proxy statement and does not contain all of the information that you should consider. You should read the entire proxy statement carefully before voting.

2025 Annual Meeting of Stockholders Meeting Date Friday, December 5, 2025 Record Date October 10, 2025 Meeting Time 8:00 a.m., Central Standard Time

Vote Your Shares

Your vote is important. We encourage you to votein advance, even if you plan to attend the 2025 annual meeting.

Internet www.investorvote.com/CPRT

Phone 1-800-652-VOTE or the number providedon your voting instructions

Mail Use the postage-paid envelope providedif you receive printed proxy materials

Attend the Meeting

You are cordially invited to attend the 2025 annual meeting of stockholders of Copart, Inc. to be held on Friday, December 5, 2025, at 8:00 a.m., Central Standard Time, at Copart’s corporate headquarters located at Copart Tower, 14185 Dallas Parkway, Suite 300, Dallas, Texas 75254.

Your vote is important. Whether or not you plan to attend the annual meeting, we urge you to vote and submit your proxy in advance of the annual meeting by following one of the methods described in the proxy statement. You may vote your shares via the Internet or by telephone, as instructed in the proxy statement, or if you elected to receive printed versions of the materials, by signing, dating and returning the enclosed paper proxy card in the enclosed postage-paid envelope. Your vote by proxy will ensure your representation at the annual meeting of stockholders regardless of whether you attend in person. Details regarding admission to the annual meeting and the business to be conducted are described in the proxy statement.

Agenda and Voting Recommendations

At this year’s annual meeting, our stockholders will be asked to vote on the following agenda items:

2025 Proxy Statement Summary

Fiscal 2025 Performance Summary

Net Income (%)

Total Liquidity

$6B(1)

Net Income ($)

$1.5B

Total Assets

$10B+(2)

Value of a Hypothetical Investment 15 Years Ago

18.9x

2025 Proxy Statement Summary

Corporate Governance Highlights

2025 Proxy Statement Summary

Director Nominees

Executive Compensation Highlights

Set forth below is the fiscal 2025 compensation for each NEO (as defined in the “Compensation Discussion and Analysis” section of this proxy statement) as determined under U.S. Securities and Exchange Commission (“SEC”) rules. See the Fiscal Year 2025 Summary Compensation Table and the accompanying notes to the table beginning on page 55 for more information.

2025 Proxy Statement Summary

Sustainability Strategy and Highlights

Since our inception in 1982, Copart has played a critical role in the automotive circular economy as a key intermediary enabling the recycling and reuse of automobiles and automotive parts, while facilitating access to transportation around the world. The very nature of our business is aligned with the reduction of carbon emissions. The process of manufacturing a new vehicle generates approximately 2 metric tons of carbon dioxide equivalents, according to the U.S. Department of Energy. By matching millions of vehicles each year with buyers who will repurpose vehicles, Copart helps the world avoid millions of tons of carbon dioxide equivalents.

We are proud that our business, by its nature, enhances the habitability of our planet. We facilitate there-use and recycling of millions of vehicles each year, while accelerating access to affordable transportation and the attendant benefits of social, educational, and economic mobility around the world. To learn more about Copart’s sustainability efforts, please review our 2024 sustainability report, which is available on our website at www.copart.com under Investor Relations.

2025 Proxy Statement Summary

Copart’s sustainability strategy is rooted in our company’s core values and prioritizes four focus areas:

Where We Focus

Reducing Environmental Impacts Through Circularity and Innovation We enable the avoidance of additional carbon emissions by extending the life cycle of vehicles and components; we innovate to reduce our own operational footprint.

Prioritizing and Empowering Our Employees We invest in our employees, maintain robust safety guidelines, conduct employee training, and promote inclusion across our workforce.

Paving the Way For Physical and Socioeconomic Mobility We enable more affordable access to mobility, leading to economic development and social well-being.

Serving Our Communities and Customers as a Responsible and Reliable Business Partner We strengthen the resiliency and adaptive capacity of the communities we serve and contribute to public health and safety.

Questions and Answers and Other Information

Please see “Other Matters” beginning on page 80 and “Questions and Answers about the Proxy Materials and Annual Meeting” beginning on page 71 for important information about the proxy materials, voting, the annual meeting, company documents, communications and the deadlines to submit stockholder proposals and director nominees for the 2025 annual meeting of stockholders. Additional questions may be directed by phone by calling us at (972)391-5000.

Learn More About Our Company

You can learn more about our company, view our governance materials and much more by visiting our website at www.copart.com under Investor Relations.

Please also visit www.edocumentview.com/CPRT to access our notice of annual meeting of stockholders, proxy statement and 2025 annual report on Form 10-K.