SEC Filings
Copart Wants Shareholders To Give Founder Adair A 20 Million-Share Option, After A Year Of Aircraft-Heavy Pay
Copart's annual proxy puts an option on 20,000,000 shares for Jay Adair to a vote, with a December 1 meeting set in Dallas.
CPRT
Copart (CPRT) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
Copart Board Grants CEO Adair 20 Million Options As His Only Substantive Pay For 10 Years
Adair would draw a $1 salary with no bonus or further equity, and the option is forfeited if shareholders do not approve it.
Deals
Copart Completes $10.50-A-Share Cash Takeover Of ACV Auctions, With 68.43% Tendered Or Owned
ACV shares were expected to stop trading on the NYSE before the open on Friday, with the company becoming a wholly owned Copart unit.
Deals
Copart's $10.50-Per-Share ACV Auctions Tender Offer Clears Antitrust Waiting Period
The U.S. antitrust waiting period has expired and the clearance condition on Copart's cash offer for ACV is satisfied, a filing says.
Deals
Copart Pushes ACV Auctions Tender Deadline To October 15 After 52.84% Of Shares Tendered
The $10.50-a-share cash offer is unchanged, and Amendment No. 3 to the Schedule TO moves the expiration out eight days.