Copart, Inc. (CPRT) — Form 8-K: Current report

On October 14, 2026, Copart, Inc. approved a stock option grant to CEO A. Jayson Adair to purchase 20,000,000 shares of common stock. The option is divided into four tranches with exercise prices of $26.27, $35.03, $43.78, and $52.54 per share. The grant requires stockholder approval at the 2026 Annual Meeting or a subsequent special meeting to become effective.