What the executives and directors of Copart actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| JOHNSON WILLIS J Chairman of the Board | Officer | 52.6M | — | — |
| ADAIR A JAYSON Executive Chairman | Officer | 18.2M | — | — |
| TRYFOROS THOMAS N | Director | 513.8K | — | $14.8M |
| Englander Daniel J | Director | 375.4K | — | $2.2M |
| MEEKS JAMES E | Director | 110K | — | — |
| FISHER STEPHEN | Director | 100K | — | — |
| COHAN STEVEN D | Director | 95K | — | — |
| Liaw Jeffrey Chief Executive Officer | CEO | 84.2K | — | $3.8M |
| Morefield Diane M | Director | 70K | — | — |
| Blunt Matt | Director | 50K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-28 | Liaw Jeffrey (CEO) | Planned sale (10b5-1) | 27.7K | $30.49 | $846K |
| 2026-07-13 | Englander Daniel J (Director) | Discretionary sale | 80K | $27.55 | $2.2M |
| 2026-04-15 | Liaw Jeffrey (CEO) | Discretionary sale | 2,343 | $33.17 | $78K |
| 2026-04-15 | Liaw Jeffrey (CEO) | Discretionary sale | 23.9K | $33.18 | $792K |
| 2026-01-15 | Liaw Jeffrey (CEO) | Discretionary sale | 2,444 | $40.17 | $98K |
| 2026-01-15 | Liaw Jeffrey (CEO) | Discretionary sale | 22.7K | $40.17 | $912K |
| 2025-11-25 | TRYFOROS THOMAS N (Director) | Discretionary sale | 100K | $39.07 | $3.9M |
| 2025-10-15 | Liaw Jeffrey (CEO) | Discretionary sale | 2,197 | $44.80 | $98K |
| 2025-10-15 | Liaw Jeffrey (CEO) | Discretionary sale | 22.1K | $44.79 | $989K |
| 2025-09-15 | TRYFOROS THOMAS N (Director) | Discretionary sale | 228.8K | $47.54 | $10.9M |
| 2025-07-15 | Liaw Jeffrey (CEO) | Planned sale (10b5-1) | 300 | $46.90 | $14K |
| 2025-07-15 | Liaw Jeffrey (CEO) | Planned sale (10b5-1) | 1,884 | $46.35 | $87K |
| 2025-07-15 | Liaw Jeffrey (CEO) | Planned sale (10b5-1) | 3,616 | $46.84 | $169K |
| 2025-07-15 | Liaw Jeffrey (CEO) | Planned sale (10b5-1) | 18.3K | $46.35 | $848K |
| 2025-04-14 | COHAN STEVEN D (Director) | Discretionary sale | 95K | $60.01 | $5.7M |
| 2025-04-11 | COHAN STEVEN D (Director) | Discretionary sale | 5,003 | $60.01 | $300K |
| 2025-03-19 | MEEKS JAMES E (Director) | Discretionary sale | 100K | $54.00 | $5.4M |
| 2025-01-06 | Englander Daniel J (Director) | Discretionary sale | 235.5K | $56.84 | $13.4M |
| 2025-01-03 | Englander Daniel J (Director) | Discretionary sale | 84.5K | $57.10 | $4.8M |
| 2025-01-02 | Blunt Matt (Director) | Discretionary sale | 50K | $57.66 | $2.9M |
| 2024-12-23 | Morefield Diane M (Director) | Discretionary sale | 30K | $58.01 | $1.7M |
| 2024-12-05 | TRYFOROS THOMAS N (Director) | Discretionary sale | 83.3K | $61.86 | $5.2M |
| 2024-11-27 | ADAIR A JAYSON (Officer) | Discretionary sale | 248.6K | $63.63 | $15.8M |
| 2024-11-26 | ADAIR A JAYSON (Officer) | Discretionary sale | 251.4K | $63.79 | $16M |
| 2024-10-14 | ADAIR A JAYSON (Officer) | Discretionary sale | 5M | — | $0 |
| 2024-03-28 | ADAIR A JAYSON (Officer) | Discretionary sale | 600K | $57.77 | $34.7M |
| 2024-03-13 | TRYFOROS THOMAS N (Director) | Discretionary sale | 285K | $55.27 | $15.8M |
| 2024-02-26 | Blunt Matt (Director) | Discretionary sale | 100K | $51.06 | $5.1M |
| 2024-01-03 | Englander Daniel J (Director) | Discretionary sale | 320K | $47.04 | $15.1M |
| 2023-12-01 | JOHNSON WILLIS J (Officer) | Discretionary sale | 100.8K | $49.83 | $5M |
| 2023-10-09 | FISHER STEPHEN (Director) | Discretionary sale | 160K | $45.69 | $7.3M |
| 2023-10-03 | Blunt Matt (Director) | Discretionary sale | 49.4K | $43.11 | $2.1M |
| 2023-10-03 | Blunt Matt (Director) | Discretionary sale | 50K | $43.11 | $2.2M |
| 2023-07-07 | ADAIR A JAYSON (CEO) | Discretionary sale | 300K | $88.32 | $26.5M |
| 2023-06-27 | JOHNSON WILLIS J (Officer) | Discretionary sale | 660K | $89.07 | $58.8M |
| 2023-05-30 | COHAN STEVEN D (Director) | Discretionary sale | 80K | $88.62 | $7.1M |
| 2023-05-23 | FISHER STEPHEN (Director) | Discretionary sale | 22K | $86.82 | $1.9M |
| 2023-05-23 | FISHER STEPHEN (Director) | Discretionary sale | 28K | $87.25 | $2.4M |
| 2023-05-22 | MEEKS JAMES E (Director) | Discretionary sale | 160K | $89.27 | $14.3M |
| 2023-05-19 | TRYFOROS THOMAS N (Director) | Discretionary sale | 143.1K | $88.39 | $12.6M |
| 2023-02-22 | Blunt Matt (Director) | Discretionary sale | 30K | $69.36 | $2.1M |
| 2022-06-06 | Blunt Matt (Director) | Discretionary sale | 10K | $115.72 | $1.2M |
| 2022-05-31 | TRYFOROS THOMAS N (Director) | Discretionary sale | 11K | $114.72 | $1.3M |
| 2022-05-25 | Englander Daniel J (Director) | Discretionary sale | 80K | $110.78 | $8.9M |
| 2021-12-08 | TRYFOROS THOMAS N (Director) | Discretionary sale | 69K | $149.63 | $10.3M |
| 2021-09-15 | ADAIR A JAYSON (CEO) | Discretionary sale | 170K | $147.20 | $25M |
| 2021-07-12 | ADAIR A JAYSON (CEO) | Discretionary sale | 130K | $139.21 | $18.1M |
| 2021-07-12 | COHAN STEVEN D (Director) | Discretionary sale | 80K | $139.46 | $11.2M |
| 2021-07-06 | Liaw Jeffrey (CEO) | Discretionary sale | 15.8K | $136.29 | $2.2M |
| 2021-07-02 | Liaw Jeffrey (CEO) | Discretionary sale | 133 | $135.48 | $18K |
| 2021-07-02 | Liaw Jeffrey (CEO) | Discretionary sale | 47.3K | $135.28 | $6.4M |
| 2021-06-29 | ADAIR A JAYSON (CEO) | Discretionary sale | 300K | $133.18 | $40M |
| 2021-06-29 | Blunt Matt (Director) | Discretionary sale | 20K | $133.01 | $2.7M |
| 2021-03-24 | JOHNSON WILLIS J (Officer) | Discretionary sale | 374.4K | $106.66 | $39.9M |
| 2021-03-23 | JOHNSON WILLIS J (Officer) | Discretionary sale | 234K | $108.10 | $25.3M |
| 2021-03-15 | MEEKS JAMES E (Director) | Discretionary sale | 77.9K | $110.55 | $8.6M |
| 2021-03-12 | MEEKS JAMES E (Director) | Discretionary sale | 2,139 | $110.20 | $236K |
| 2021-02-24 | Englander Daniel J (Director) | Discretionary sale | 80K | $110.70 | $8.9M |
| 2021-01-05 | Englander Daniel J (Director) | Discretionary sale | 35K | $119.76 | $4.2M |
| 2021-01-04 | Englander Daniel J (Director) | Discretionary sale | 35K | $121.47 | $4.3M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.