8-K
filed December 14, 2023, 6:59 PM ET
ticker CPRT
CIK 0000900075
other
confidence high
sentiment neutral
materiality 0.15
Copart shareholders elect all 11 director nominees; say-on-pay approved with 79.5% support
COPART INC
- 90% of shares represented; all 11 director nominees elected, including Willis J. Johnson and A. Jayson Adair.
- Advisory vote on executive compensation passed with 663M for (79.5%) vs 164M against.
- Shareholders selected 'annual' frequency for future say-on-pay votes with 818M votes (98% of votes cast).
- Ratification of Ernst & Young as auditor for FY 2024 approved with 857M for (98.8%).
- Notable: Diane Morefield received 113M votes against, highest among directors, but still elected.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
COPART INC shareholders approved Advisory Vote on Frequency of Advisory Vote on Executive Compensation at the 2023-12-08 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-12-08
Exact text from the filing
On an advisory (non-binding) basis, the stockholders indicated their preference that an advisory vote on executive compensation occur annually: One Year Two Years Three Years Votes Withheld Broker Non-Votes 818,528,488 1,939,070 13,267,373 668,050 33,930,265
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
COPART INC shareholders approved Election of Directors at the 2023-12-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-12-08
Exact text from the filing
The stockholders elected the following nominees to serve as directors, each to hold office until the Company’s 2024 annual meeting of stockholders or until their respective successors are duly elected and qualified: Nominee Votes For Votes Against Votes Withheld Broker Non-Votes Willis J. Johnson 795,551,222 38,231,656 620,103 33,930,265 A. Jayson Adair 819,149,536 14,632,918 620,527 33,930,265 Matt Blunt 791,140,751 36,852,793 6,409,437 33,930,265 Steven D. Cohan 761,078,634 66,382,219 6,942,128 33,930,265 Daniel J. Englander 736,200,889 91,818,621 6,383,471 33,930,265 James E. Meeks 793,668,428 33,862,424 6,872,129 33,930,265 Thomas N. Tryforos 785,566,143 48,095,441 741,397 33,930,265 Diane M. Morefield 720,433,364 113,231,950 737,667 33,930,265 Stephen Fisher 823,084,931 10,612,293 705,757 33,930,265 Cherylyn Harley LeBon 796,076,823 37,651,100 675,058 33,930,265 Carl D. Sparks 793,095,486 40,500,201 807,294 33,930,265
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
COPART INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-12-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-12-08
Exact text from the filing
The stockholders ratified the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending July 31, 2024, based on the following results of voting: Votes For Votes Against Votes Withheld Broker Non-Votes 857,466,735 10,377,838 488,673 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
COPART INC shareholders approved Advisory Vote on Approval of Executive Compensation at the 2023-12-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-12-08
Exact text from the filing
On an advisory (non-binding) basis, the stockholders approved the compensation of our named executive officers for the year ended July 31, 2023 as disclosed in our proxy statement, based on the following results of voting: Votes For Votes Against Votes Withheld Broker Non-Votes 663,404,339 164,565,948 6,432,694 33,930,265
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.