Form 4: Copart Director Steven D. Cohan Executes Stock Options and Sells Shares
SEC Form 4
Director Steven D. Cohan exercised stock options and sold Copart Inc. shares on April 11 and April 14, 2025.
Summary
- Steven D. Cohan, a director of Copart Inc., engaged in transactions involving Copart's common stock and stock options.
- On April 11, 2025, Cohan exercised options for 5,003 shares at an exercise price of $11.80 and sold the same amount of shares at a weighted average price of $60.01.
- On April 14, 2025, Cohan exercised options for 94,997 shares at an exercise price of $11.80 and sold the same amount of shares at a weighted average price of $60.01.
- Following these transactions, Cohan directly owns no shares of Copart Inc.
- Cohan continues to hold 0 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of Copart's director.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Director Cohan exercised options for 5,003 shares and sold 5,003 shares. |
| 04/14/2025 | Director Cohan exercised options for 94,997 shares and sold 94,997 shares. |
| 12/17/2025 | Expiration date of the stock options. |
Keywords
Copart Inc, CPRT, Steven D. Cohan, stock options, Form 4, insider trading, stock sale, director
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