secwatch.observer — SEC 8-K summary
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Issuer:     COPART INC (CPRT)
CIK:        0000900075
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0001628280-22-031311
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Copart appoints Leah Stearns as CFO effective Dec 5, 2022
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/900075/000162828022031311/0001628280-22-031311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/900075/000162828022031311/cprt-20221201.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-031311

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