secwatch.observer — SEC 8-K summary
======================================

Issuer:     COPART INC (CPRT)
CIK:        0000900075
Form:       8-K
Filed at:   2026-08-18T10:01:08+00:00
Accession:  0001193125-26-354640
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Copart appoints David J. Berger to board, effective Aug 13, 2026
----------------------------------------------------------------

- Berger, 67, Senior Partner at Wilson Sonsini, joined board Aug 13, 2026; term expires at 2026 annual meeting.
- Wilson Sonsini serves as Copart's outside counsel; Berger has no family ties to directors or officers.
- Copart expects Wilson Sonsini fees for FY2027 to be immaterial; no related-party transactions disclosed.
- Berger will receive standard outside director compensation and enter into indemnification agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/900075/000119312526354640/0001193125-26-354640-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/900075/000119312526354640/d77107d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-354640

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