secwatch.observer — SEC 8-K summary
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Issuer:     COPART INC (CPRT)
CIK:        0000900075
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000900075-22-000056
Event type: other
Sentiment:  positive
Materiality: 0.50
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/900075/000090007522000056/0000900075-22-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/900075/000090007522000056/cprt-20221031.htm
  HTML page:      https://secwatch.observer/filing/0000900075-22-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer