CPRT - Chief Financial Officer at Copart Acquires Company Stock Options Worth 150000 Shares | Benzinga
LEAH STEARNS, Chief Financial Officer at Copart (NASDAQ:CPRT), reported a large acquisition of company stock options on November 28, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that STEARNS, Chief Financial Officer at Copart, a company in the Industrials sector, was just awarded stock options worth 150,000 shares of CPRT. The options give STEARNS the right to buy the company's stock at $50.81 per share.
Copart shares are trading up 0.47% at $50.97 at the time of this writing on Wednesday morning. Since the current price is $50.97, this makes STEARNS's 150,000 shares worth $7,645,500.