Karooooo Ltd. (KARO) CEO Calisto sells 31,279 shares in August 2026
Rhea-AI Filing Summary
Karooooo Ltd. director, CEO and 10% owner Calisto Isaias Jose reported two open-market sales of common stock. On August 6, 2026 he sold 18,849 shares at $63.2888 per share, and on August 7, 2026 he sold 12,430 shares at $64.4780 per share, totaling 31,279 shares sold. The shares were reported as held directly, and the Rule 10b5-1 trading plan checkbox was not marked.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 31,279 shares
Net Sell
2 txns
Insider
Calisto Isaias Jose
Role
CEO&EC
Sold
31,279 shs ($1.99M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,430 | $64.478 | $801K |
| Sale | Common Stock | 18,849 | $63.2888 | $1.19M |
Holdings After Transaction:
Common Stock — 17,682,907 shares (Direct)
Key Figures
Shares sold 2026-08-06: 18,849 shares
Shares sold 2026-08-07: 12,430 shares
Total shares sold: 31,279 shares
+2 more
5 metrics
Shares sold 2026-08-06
18,849 shares
Common Stock sale by CEO at $63.2888 per share
Shares sold 2026-08-07
12,430 shares
Common Stock sale by CEO at $64.4780 per share
Total shares sold
31,279 shares
Net-sell activity across two reported transactions
Sale price 2026-08-06
$63.2888 per share
Open-market or private transaction in Common Stock
Sale price 2026-08-07
$64.4780 per share
Open-market or private transaction in Common Stock
Key Terms
open market or private transaction, Rule 10b5-1, beneficial owner
3 terms
open market or private transaction financial
"transaction code description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not marked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial owner financial
"reporting person is a director, officer and ten percent beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Karooooo Ltd. (KARO) report in this Form 4?
Karooooo Ltd. reported that CEO and director Calisto Isaias Jose sold a total of 31,279 shares of common stock in two open-market transactions on August 6 and 7, 2026.
At what prices were the Karooooo Ltd. (KARO) insider sales executed?
The reported sales were executed at per-share prices of $63.2888 on August 6, 2026 and $64.4780 on August 7, 2026, both described as open-market or private transactions.
Was the Karooooo Ltd. (KARO) CEO’s Form 4 sale under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not selected, so these reported sales were not affirmed as being made under a Rule 10b5-1 trading plan in this filing.
Does the Karooooo Ltd. (KARO) Form 4 show direct or indirect ownership for these sales?
Both transactions are reported as involving Common Stock held with direct ownership, indicated by the ownership code "D", meaning the shares were not reported through an intermediary entity.