8-K
COPART INC false 0000900075 0000900075 2026-07-02 2026-07-02
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 2, 2026

 

 

COPART, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware   000-23255   94-2867490

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

14185 Dallas Parkway

Suite 300

Dallas, Texas 75254

(Address of principal executive offices, including zip code)

(972) 391-5000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.0001 per share   CPRT   The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Section 5 – Corporate Governance & Management

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On July 8, 2026, Copart, Inc. (the “Company”) announced that it has appointed Jane Pocock, the Company’s current CEO of its United Kingdom operations, as the Company’s new President to fill the previously vacant position, effective as of August 1, 2026.

Ms. Pocock, 55, joined Copart in January 2019 as Managing Director of Copart UK. Before joining Copart, Ms. Pocock was Chief Executive of Vans Direct.

There are no arrangements or understandings between Ms. Pocock and any other person pursuant to which Ms. Pocock was selected as President. There are also no family relationships between Ms. Pocock and any director or executive officer of the Company. Ms. Pocock does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.


Section 7 – Regulation FD

 

Item 7.01

Regulation FD Disclosure

On July 8, 2026, the Company issued a press release announcing the appointment of Ms. Pocock as the Company’s President described in this Current Report on Form 8-K. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, and such information shall not be incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Section 9 - Financial Statements and Exhibits

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
Number
   Description
99.1    Press release, dated July 8, 2026
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    COPART, INC.
Dated: July 8, 2026  
    By:  

/s/ Leah Stearns

     

Leah Stearns, Chief Financial Officer

Principal Financial and Accounting Officer and duly Authorized Officer

Exhibit 99.1

Copart, Inc.

For Immediate Release

Copart Announces Promotion of Jane Pocock to President

Dallas, Texas, July 8, 2026 — Copart, Inc. (NASDAQ: CPRT) today announced that Jane Pocock has been promoted to President of Copart, effective August 1, 2026.

Ms. Pocock joined Copart in January 2019 as Managing Director of Copart UK and has led one of the Company’s key international businesses through a period of significant growth and expansion. Under her leadership, Copart UK and Ireland has strengthened its operational footprint, expanded capacity, and delivered exceptional customer journeys for insurance carriers and their policyholders, commercial sellers, and Copart members. In her new role, Ms. Pocock brings proven experience pairing operational execution with technology-enabled products and services that help customers achieve better outcomes, while continuing to support the strong teams and customer relationships that have driven Copart’s success in the UK and Ireland.

Ms. Pocock has paired significant growth with thoughtful, people-oriented leadership. She has helped differentiate Copart’s customer experience through technology, service quality, and strong team execution. Her promotion reflects the Company’s confidence in the UK and Ireland business and its leadership team, as well as the opportunity to extend those strengths across Copart’s global platform. Prior to joining Copart, Ms. Pocock was Chief Executive of Vans Direct.

“Jane has delivered outstanding results while building strong teams and strengthening our culture,” said Jay Adair, Executive Chairman and incoming Chief Executive Officer of Copart. “For our insurance customers, commercial sellers, policyholders, and members, Jane brings immediate experience leading customer-focused growth at scale. Her promotion reflects both the strength of our UK and Ireland business and the opportunity to extend that proven leadership across Copart globally. We look forward to her contributions as President of Copart.”

“I am honored to serve as President of Copart,” said Ms. Pocock. “Copart’s success has always been driven by its people, its technology, and its relentless commitment to customers and members. I am proud of what our UK and Ireland teammates have accomplished, and I look forward to continuing to support that momentum while working with our teams around the world to grow, strengthen our differentiated products and services, and deliver exceptional customer experiences globally.”

About Copart

Copart, Inc., founded in 1982, is a global leader in online vehicle auctions. Copart’s innovative technology and online auction platforms connect vehicle consignors to approximately 1 million members in over 185 countries. Copart offers a comprehensive suite of vehicle remarketing services to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers vehicles via auction to dealers, dismantlers, rebuilders, exporters, and the general public. With operations at over 250 locations in 11 countries, Copart sold more than 4 million units in the last year. Copart currently operates in the United States (Copart.com), Canada (Copart.ca), the United Kingdom (Copart.co.uk), Brazil (Copart.com.br), the Republic of Ireland (Copart.ie), Germany (Copart.de), Finland (Copart.fi), the United Arab Emirates, Oman and Bahrain (Copartmea.com), and Spain (Copart.es). For more information, or to become a Member, visit Copart.com/register.


Cautionary Note About Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the “Management’s Discussion and Analysis” and the other risks identified in Copart’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf.

 

Contact: 

Copart Investor Relations

[email protected]