---
schema_version: "secwatch.filing_event.v1"
accession: "0000900075-22-000056"
form_type: "8-K"
ticker: "CPRT"
cik: "0000900075"
company_name: "COPART INC"
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T16:27:06.665562+00:00"
event_type: "other"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Copart shareholders approve 2-for-1 stock split via authorized share increase to 1.6B

## Summary
- Authorized shares increased 4x from 400M to 1.6B to facilitate a 2-for-1 stock split as a stock dividend.
- Special meeting had 87.91% of outstanding shares represented; 198.6M voted for, 10.5M against, 0.2M withheld.
- Amended and restated certificate of incorporation filed and effective October 31, 2022.
- Stock split is intended to improve liquidity and make shares more accessible to investors.

## SEC filing metadata
- accession: 0000900075-22-000056
- form_type: 8-K
- ticker: CPRT
- cik: 0000900075
- company_name: COPART INC
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: other
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/900075/000090007522000056/0000900075-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/900075/000090007522000056/cprt-20221031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000900075-22-000056
- JSON: https://secwatch.observer/filing/0000900075-22-000056.json
- Plain text: https://secwatch.observer/filing/0000900075-22-000056.txt

## Key facts
- Governance Changes
  COPART INC: Amendment and restatement of Certificate of Incorporation to increase authorized common stock from 400,000,000 to 1,600,000,000 shares (effective 2022-10-31).
  - Change: charter amendment
  - Effective: 2022-10-31
  source text: On October 31, 2022, Copart, Inc.’s (the “Company,” “we,” “us,” or “our”) stockholders approved an amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of authorized shares of common stock of Copart, Inc. from 400,000,000 to 1,600,000,000 (the “Restated Certificate”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/900075/000090007522000056/0000900075-22-000056-index.htm
- Shareholder Votes
  COPART INC shareholders approved Amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of shares of our common stock authorized for issuance from 400,000,000 shares to 1,600,000,000 shares, primarily to facilitate a 2-for-1 split of our common stock in the form of a stock dividend at the 2022-10-31 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2022-10-31
  source text: 1. Authorized Share Increase. Amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of shares of our common stock authorized for issuance from 400,000,000 shares to 1,600,000,000 shares, primarily to facilitate a 2-for-1 split of our common stock in the form of a stock dividend: Votes For Votes Against Votes Withheld Broker Non-Votes 198,635,737 10,466,063 182,928 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/900075/000090007522000056/0000900075-22-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.