Form 4: Copart Director Gifts Shares to Foundation

Copart Director Thomas N. Tryforos reported gifting 27,850 shares of common stock to the Grand Street Foundation from an entity he manages.

Summary

• Director Thomas N. Tryforos reported a gift transaction of Copart Inc. common stock.
• On December 30, 2025, 27,850 shares were disposed of by Elias Charles & Co. LLC, an entity where Mr. Tryforos is a managing member.
• Concurrently, 27,850 shares were acquired by the Grand Street Foundation, for which Mr. Tryforos serves as trustee.
• Both transactions were reported at a price of $0, indicating a gift.
• Following these transactions, Elias Charles & Co. LLC beneficially owns 413,785 shares, and Grand Street Foundation beneficially owns 27,850 shares.
• Mr. Tryforos disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in Elias Charles & Co. LLC and as trustee for Grand Street Foundation.

Sentiment

Score: 5

Explanation: The transaction is a routine insider gift/transfer between related entities, with no direct positive or negative financial implications for the company's operations or valuation. It's a neutral event from a market sentiment perspective.

Positives

• The transaction involves a transfer of shares to a tax-exempt foundation, potentially indicating philanthropic activity.

Negatives

• No direct negative financial impact on the company's operations or valuation.

Risks

• NA

Future Outlook

NA

Industry Context

This is an insider transaction filing and does not provide broader industry context.

Related Party Transactions

• Thomas N. Tryforos, a director, is a managing member of Elias Charles & Co. LLC and a trustee for Grand Street Foundation, making the transfer of shares between these entities a related party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares are transferred between entities associated with a director, not sold on the open market.
• Employees, Customers, Suppliers, Creditors: No direct impact from this transaction.

Key Dates

Recommendation

This Form 4 filing reports a routine insider gift transaction between entities associated with a director. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction is neutral for the company's valuation.

Keywords

Copart, CPRT, Form 4, Insider Transaction, Stock Gift, Director, Thomas N. Tryforos, Beneficial Ownership