COPART INC - 8-K Filing
Copart Inc announced on June 29, 2026 that A. Jayson Adair will become CEO effective July 31, 2026, succeeding Jeffrey Liaw who is stepping down and resigning from the board. In connection with this leadership transition, Copart entered into a Transition and Separation Agreement providing Mr. Liaw with $450,000 as a lump sum payment, $200,000 during his 13-month transition period through July 31, 2027, and additional benefits including equity modifications and accelerated vesting. (Items: 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Offi, 7.01 Regulation FD Disclosure On June 29, 2026, the Company issued a press release announcing the leadership changes described in this Current Rep, 9.01 Financial Statements and Exhibits)
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