Daniel J. Englander, Director at Copart, Inc. (NASDAQ:CPRT), reported a sale of 80,000 shares of common stock on July 13, 2026, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($27.55); post-transaction value based on July 13, 2026, market close ($27.45).
What was the execution methodology for this trade?The shares were sold in multiple transactions at prices ranging from $27.50 to $27.66. The reported price of $27.55 reflects the weighted average of these executions.
What is the nature of the insider's remaining equity position?Daniel J. Englander holds no shares directly. His remaining interest consists of ~511,000 shares held indirectly through Ursula Capital Partners, representing a 0.0552% ownership stake in the company.
Are there any other notable changes in the entity's holdings?In addition to the open-market sale, the filing disclosed that Ursula Capital Partners distributed 40,000 shares to its limited partners on July 13, 2026, though the insider himself was excluded from this distribution.
What is the company's current market position?Copart operates as a global provider of online vehicle auctions with a market capitalization of $25.5 billion as of the July 14, 2026, market close. The firm generated $4.6 billion in trailing twelve-month revenue and $1.6 billion in net income over the same period.
Copart operates a global online vehicle auction platform that enables buyers and sellers to transact vehicles through sophisticated virtual bidding technology, generating revenue from auction commissions, seller fees, and ancillary services across multiple international markets.
The company's business model centers on providing comprehensive vehicle remarketing solutions that connect buyers and sellers in a digital marketplace, capturing transaction-based revenue while maintaining a capital-light operational structure.
Copart serves a diverse customer base, including insurance companies, financial institutions, fleet operators, and individual vehicle owners across the United States, United Kingdom, Germany, Brazil, Canada, and the Middle East.
Copart is a leading global provider of online vehicle auctions and remarketing services, with a market capitalization of $25.5 billion and TTM revenue of $4.6 billion. The company leverages proprietary digital infrastructure to facilitate vehicle transactions across 11 international markets, generating substantial net income of $1.6 billion on a TTM basis. With 11,600 employees globally, Copart maintains a competitive advantage through its scalable technology platform and established network of buyers and sellers, positioning itself as a critical infrastructure provider in the vehicle disposition and remarketing ecosystem.
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