SCHEDULE: Vanguard Group Reports 0% Beneficial Ownership in Copart Inc.

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Copart Inc. following an internal corporate realignment.

Summary

• The Vanguard Group filed an Amendment No. 13 to its Schedule 13G for Copart Inc. Common Stock.
• The filing indicates that The Vanguard Group now holds 0% beneficial ownership in Copart Inc.
• This change is a result of an internal realignment within The Vanguard Group, effective January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538.
• The subsidiaries and business divisions continue to pursue the same investment strategies as previously pursued by The Vanguard Group prior to the realignment.
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is an administrative update reflecting an internal corporate realignment at The Vanguard Group, not a change in investment thesis or performance for Copart Inc.

Future Outlook

The filing does not contain any forward-looking statements regarding Copart Inc.'s performance or The Vanguard Group's future investment intentions beyond the change in reporting structure.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that such administrative filings are common for large asset managers like The Vanguard Group. Internal corporate realignments or changes in reporting methodologies often necessitate updates to beneficial ownership disclosures, reflecting changes in how ownership is aggregated and reported by the parent entity rather than a fundamental shift in investment strategy or divestment from the underlying company.

Stakeholder Impact

• Shareholders of Copart Inc. may note the change in how The Vanguard Group reports its beneficial ownership, but this filing does not indicate a change in the overall investment by Vanguard's managed funds in Copart Inc.

Key Dates

Keywords

Schedule 13G, Vanguard Group, Copart Inc, beneficial ownership, internal realignment, SEC filing, institutional ownership