---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-031311"
form_type: "8-K"
ticker: "CPRT"
cik: "0000900075"
company_name: "COPART INC"
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T10:00:46.917623+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Copart appoints Leah Stearns as CFO effective Dec 5, 2022

## Summary
- Leah Stearns, age 42, appointed SVP and CFO; succeeds Gavin Renfrew who returns to VP of global accounting.
- Compensation includes $550,000 base salary, $450,000 target annual cash bonus.
- Equity awards: 60,000 RSUs (5-yr vest), 30,000 service options, 150,000 performance options (125% price hurdle).
- Stearns previously CFO of CBRE Group and held senior roles at American Tower and EQT Partners.

## SEC filing metadata
- accession: 0001628280-22-031311
- form_type: 8-K
- ticker: CPRT
- cik: 0000900075
- company_name: COPART INC
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/900075/000162828022031311/0001628280-22-031311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/900075/000162828022031311/cprt-20221201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-031311
- JSON: https://secwatch.observer/filing/0001628280-22-031311.json
- Plain text: https://secwatch.observer/filing/0001628280-22-031311.txt

## Key facts
- Executive change
  Leah C. Stearns was appointed as senior vice president and chief financial officer at COPART INC.
  - Action: appointed
  - Role: senior vice president and chief financial officer
  source text: On December 1, 2022, the Board of Directors of Copart, Inc. (the “Company”) appointed Leah C. Stearns, age 42, as the Company's senior vice president and chief financial officer, effective as of December 5, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/900075/000162828022031311/0001628280-22-031311-index.htm
- Executive change
  Gavin Renfrew changed role as vice president for global accounting at COPART INC.
  - Action: continue
  - Role: vice president for global accounting
  source text: Upon Ms. Stearns' commencement of employment with the Company, Gavin Renfrew, currently serving as principal financial officer, will continue his role as the Company’s vice president for global accounting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/900075/000162828022031311/0001628280-22-031311-index.htm

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