Karooooo Ltd. (KARO) chief sells 47,949 company shares in two trades
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 47,949 shares
Net Sell
2 txns
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)
Key Figures
Shares sold on 2026-07-27: 25,913 shares
Average price on 2026-07-27: $63.4383 per share
Shares sold on 2026-07-28: 22,036 shares
+2 more
5 metrics
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
Key Terms
Rule 10b5-1 trading plan, acquired_disposed_code, derivative positions
3 terms
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.
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.
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.