STOCK TITAN

Karooooo Ltd. (KARO) chief sells 47,949 company shares in two trades

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Karooooo Ltd. CEO, Executive Chairman and 10% owner Calisto Isaias Jose reported open-market sales of an aggregate 47,949 shares of common stock. He sold 22,036 shares on July 28, 2026 at an average price of $64.1878 and 25,913 shares on July 27, 2026 at $63.4383. The trades are reported as directly owned and were not executed under a Rule 10b5-1 trading plan.

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Insights

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Insider Calisto Isaias Jose
Role CEO & Executive Chairman
Sold 47,949 shs ($3.06M)
Type Security Shares Price Value
Sale Common Stock 22,036 $64.1878 $1.41M
Sale Common Stock 25,913 $63.4383 $1.64M
Holdings After Transaction: Common Stock — 17,870,009 shares (Direct)
Shares sold on 2026-07-27 25,913 shares Non-derivative sale of common stock by CEO Calisto Isaias Jose
Average price on 2026-07-27 $63.4383 per share Sale price for 25,913 common shares
Shares sold on 2026-07-28 22,036 shares Non-derivative sale of common stock by CEO Calisto Isaias Jose
Average price on 2026-07-28 $64.1878 per share Sale price for 22,036 common shares
Total shares sold in reported period 47,949 shares Aggregate of two open-market sales on July 27–28, 2026
Rule 10b5-1 trading plan regulatory
"transactions were made pursuant to a Rule 10b5-1 or pre-arranged trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
acquired_disposed_code regulatory
"transaction_direction comes from the SEC's own acquired/disposed code"
derivative positions financial
"derivativeSummary contains remaining derivative positions (unexercised options, warrants)"
Derivative positions are contracts that derive their value from an underlying asset—such as a stock, bond, currency or commodity—and include instruments like options, futures and swaps. Think of them as bets or insurance tied to an asset’s future price: they let investors amplify returns, hedge risk or take exposure without owning the asset directly, which can meaningfully increase potential gains, losses and volatility in a portfolio.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider activity did Karooooo (KARO) report for CEO Calisto Isaias Jose?

Karooooo reported that CEO and Executive Chairman Calisto Isaias Jose sold a total of 47,949 common shares in two open-market transactions on July 27 and 28, 2026, at average prices of $63.4383 and $64.1878, respectively, all held directly.

How many Karooooo (KARO) shares did Calisto Isaias Jose sell on July 28, 2026?

On July 28, 2026, Calisto Isaias Jose sold 22,036 Karooooo common shares at an average price of $64.1878 per share. The transaction was reported as a directly owned, non-derivative open-market sale coded S for a standard sale transaction.

What was the Karooooo (KARO) insider sale on July 27, 2026?

On July 27, 2026, Calisto Isaias Jose sold 25,913 Karooooo common shares at an average price of $63.4383 per share. This transaction was classified as a non-derivative, directly owned sale in the open market under transaction code S.

Were the recent Karooooo (KARO) insider sales made under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox was not marked, meaning these July 27 and 28, 2026 sales were not reported as being made under a pre-arranged Rule 10b5-1 trading plan.

What type of security did the Karooooo (KARO) insider sell in these transactions?

Both reported transactions involve Common Stock of Karooooo Ltd. They are classified as non-derivative securities, meaning the CEO sold actual common shares rather than exercising or converting options, warrants, or other derivative instruments.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Calisto Isaias Jose

(Last)(First)(Middle)
10 ANSON RD #12-14

(Street)
SINGAPORE

(City)(State)(Zip)

SINGAPORE

(Country)
2. Issuer Name and Ticker or Trading Symbol
Karooooo Ltd. [ KARO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO & Executive Chairman
2a. Foreign Trading Symbol
[KRO (JSE)]
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/27/2026S25,913D$63.438317,892,045D
Common Stock07/28/2026S22,036D$64.187817,870,009D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ IJ Calisto07/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)