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COPART INC

For the period ended Jul 31, 2025. Filed Sep 26, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Sep 26, 2025

CPRT$32.45+1.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 16. Form 10-K Summary

None.

EXHIBIT INDEX

The following Exhibits are filed as part of, or incorporated by reference into this report.

Incorporated by reference herein
ExhibitNumber · Description · Form · Date
3.1 · Amended and Restated Certificate of Incorporation of Copart, Inc. · Current Report on Form 8-K (File No. 000-23255), Exhibit No. 3.1 · November 2, 2022
3.2 · Amended and Restated Bylaws of Copart, Inc. · Current Report on Form 8-K (File No. 000-23255), Exhibit No. 3.1 · March 12, 2024
4.1 · Description of Capital Stock · Annual Report on Form 10-K (File No. 000-23255), Exhibit No. 4.1 · September 30, 2019
10.1*Copart Inc. 2007 Equity Incentive Plan, as Amended and Restated (2007 EIP)—Filed herewith
10.2*Form of Performance Share Award Agreement for use with 2007 EIPCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.1December 12, 2007
10.3*Form of Restricted Stock Unit Award Agreement for use with 2007 EIPCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.3December 12, 2007
10.4*Form of Stock Option Award Agreement for use with 2007 EIPCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.5December 12, 2007
10.5*Form of Restricted Stock Award Agreement for use with 2007 EIPCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.4December 12, 2007
10.6*Copart, Inc. Executive Bonus PlanCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.1March 5, 2021
10.7*Form of Indemnification Agreement signed by executive officers and directorsCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.1May 26, 2023
10.8*Copart, Inc. 2014 Employee Stock Purchase PlanCurrent Report on Form 8-K (File No. 000-23255), Exhibit No. 10.1December 5, 2014
10.9*Executive Officer Employment Agreement, effective January 4, 2016, between the Registrant and Jeffrey Liaw.Current Report on Form 8-K (File No. 000-23255), Exhibit No. 10.26November 23, 2015
10.10Second Amended and Restated Credit Agreement, dated as of December 21, 2021, by and among Copart, certain subsidiaries of Copart. the lenders party thereto, and Bank of America,N.A., as administrative agent.Current Report on Form 8-K (File No. 000-23255), Exhibit No. 10.1December 27, 2021
10.11Executive Officer Employment Agreement, effective December 5, 2022, between the registrant and Leah StearnsQuarterly Report on Form 10-Q (File No. 000-23255), Exhibit No. 10February 24, 2023
Incorporated by reference herein
ExhibitNumber · Description · Form · Date
10.12 · * · Outside Director Compensation Program · Annual Report on Form 10-K (File No. 000-23255), Exhibit 10.12 · September 30, 2024
10.13 · Corporate Aircraft Personal Use Policy · Current Report on Form 8-K (File No. 000-23255), Exhibit 10.1 · March 12, 2024
19.1Insider Trading Policy—Filed herewith
21.1List of subsidiaries of Registrant—Filed herewith
23.1Consent of Independent Registered Public Accounting Firm—Filed herewith
24.1Power of Attorney (included on signature page)—Filed herewith
31.1Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002—Filed herewith
31.2Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002—Filed herewith
32.1(1)Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002—Filed herewith
32.2(1)Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002—Filed herewith
97.1Compensation Recovery PolicyAnnual Report on Form 10-K (File No. 000-23255), Exhibit 97.1September 30, 2024
101.INSXBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCHXBRL Taxonomy Extension Schema Document
101.CALXBRL Taxonomy Extension Calculation Linkbase Document
101.DEFXBRL Extension Definition
101.LABXBRL Taxonomy Extension Label Linkbase Document
101.PREXBRL Taxonomy Extension Presentation Linkbase Document
104Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL).
(1)In accordance with Item 601(b)(32)(ii) of Regulation S-K and SEC Release No. 33-8238 and 34-47986, Final Rule: Management’s Reports on Internal Control Over Financial Reporting and Certification of Disclosure in Exchange Act Periodic Reports, the certifications furnished in Exhibits 32.1 and 32.2 hereto are deemed to accompany this Form 10-K and will not be deemed “filed” for purposes of Section 18 of the Exchange Act. Such certifications will not be deemed to be incorporated by reference into any filings under the Securities Act or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference.
  • Management contract, plan or arrangement
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.