Copart, Inc. announced the appointment of Jane Pocock as the Company's new President, effective August 1, 2026. Ms. Pocock, 55, previously served as Managing Director of Copart UK since 2019 and formerly held the Chief Executive role at Vans Direct. Copart, Inc. operates in the vehicle salvage and online auction industry through its global operations.

Copart, Inc. announced a CEO transition where Executive Chairman A. Jayson Adair will succeed Jeffrey Liaw as Chief Executive Officer and principal executive officer, effective July 31, 2026. Jeffrey Liaw will step down from the CEO role and the Board, transitioning to a Senior Advisor role until July 31, 2027. The transition agreement includes a lump sum payment of $450,000 and additional compensation components including a $200,000 payment during the transition period and potential further payments upon successful completion of the term. Copart, Inc. operates in the automotive salvage and recycling industry.

Copart, Inc. announced its financial results for the third quarter of fiscal year 2026, which ended on April 30, 2026. The company furnished its quarterly earnings press release as an exhibit to this report.

Copart, Inc. entered into a new $1,250 million senior revolving credit facility with Wells Fargo Bank, N.A. that matures on January 23, 2031. This agreement replaces the company's existing credit facility with Bank of America and includes provisions for foreign currency borrowings and sub-facilities for international subsidiaries. The company intends to use the proceeds for general corporate purposes, including working capital, capital expenditures, and potential acquisitions or share repurchases.