Karooooo (KARO) CEO files Form 3 showing 17.9M shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Karooooo Ltd. director and CEO & Executive Chairman Calisto Isaias Jose filed an initial Form 3 reporting his holdings in the company. He reported direct ownership of 17,917,958 shares of Common Stock, establishing his status as a significant, more than ten percent owner.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Calisto Isaias Jose
Role
CEO & Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,917,958 shares (Direct)
Footnotes (1)
Key Figures
Direct common shares held: 17,917,958 shares
1 metrics
Direct common shares held
17,917,958 shares
Total shares following Form 3 holding entry
Key Terms
Common Stock, ten percent owner, Form 3
3 terms
Common Stock financial
"security_title: "Common Stock" reported as the held security"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner financial
"reporting person is flagged as "is_ten_percent_owner": 1"
Form 3 regulatory
"INSIDER FILING DATA (Form 3) describing initial insider holdings"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does Karooooo (KARO) CEO Calisto Jose report in this Form 3?
The filing shows Calisto Isaias Jose directly owns 17,917,958 shares of Karooooo Common Stock. This Form 3 is an initial ownership report, establishing his large share position and status as a key insider and major shareholder.
Is the Karooooo (KARO) Form 3 a buy or sell transaction?
The Form 3 does not report a buy or sell; it is an initial ownership statement. It simply discloses that CEO and Executive Chairman Calisto Jose directly holds 17,917,958 Common Stock shares, rather than recording a new market trade.
How large is the CEO’s stake in Karooooo (KARO) according to this filing?
According to the Form 3, Calisto Isaias Jose directly owns 17,917,958 Karooooo Common Stock shares. This level of ownership also aligns with his designation as a ten percent owner, signaling a substantial insider stake in the company.
What insider roles does Calisto Isaias Jose hold at Karooooo (KARO)?
Calisto Isaias Jose is identified as a director, CEO, and Executive Chairman of Karooooo Ltd., and also as a ten percent owner. This combination of roles and ownership concentration underscores his central influence over the company.
Does the Karooooo (KARO) Form 3 include derivative or option positions?
The Form 3 data provided shows no derivative holdings listed for Calisto Isaias Jose. The filing instead focuses on his direct ownership of 17,917,958 shares of Common Stock, with no remaining derivative positions disclosed in the derivative summary.