Karooooo (NASDAQ: KARO) CEO sells 6,202 shares, holds 17.6M
Rhea-AI Filing Summary
Karooooo Ltd. (KARO) director, officer and ten percent owner Calisto Isaias Jose reported a sale of 6,202 shares of Common Stock on 2026-08-21 in a sale described as an open market or private transaction at $63.4997 per share. Following this transaction, Jose directly holds 17,640,700 shares of Karooooo Ltd. common stock. The filing indicates the Rule 10b5-1 trading-plan checkbox was not marked as affirming use of such a plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,202 shares
Net Sell
1 txn
Insider
Calisto Isaias Jose
Role
CEO Executive Chairman
Sold
6,202 shs ($394K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,202 | $63.4997 | $394K |
Holdings After Transaction:
Common Stock — 17,640,700 shares (Direct)
Key Figures
Shares sold: 6,202 shares of Common Stock
Sale price per share: $63.4997 per share
Shares owned after transaction: 17,640,700 shares
3 metrics
Shares sold
6,202 shares of Common Stock
Sale reported on 2026-08-21
Sale price per share
$63.4997 per share
Price for the 6,202 KARO shares sold
Shares owned after transaction
17,640,700 shares
Direct holdings of Calisto Isaias Jose after the sale
Key Terms
Common Stock, ten percent owner, Rule 10b5-1 trading plan
3 terms
Common Stock financial
"security_title: "Common Stock""
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
"is_ten_percent_owner": 1"
Rule 10b5-1 trading plan regulatory
"The filing indicates the Rule 10b5-1 trading-plan checkbox was not marked"
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.
FAQ
What insider transaction did KARO CEO Calisto Isaias Jose report on this Form 4?
He reported a sale of 6,202 shares of Karooooo Ltd. Common Stock on 2026-08-21 in a sale described as an open market or private transaction at $63.4997 per share.
Was the KARO insider sale by Calisto Isaias Jose under a Rule 10b5-1 plan?
The filing’s document-level checkbox shows no affirmation that the transactions were made under a Rule 10b5-1 trading plan.
What is the role of Calisto Isaias Jose at Karooooo Ltd. (KARO)?
Calisto Isaias Jose is reported as both a director and an officer of Karooooo Ltd., with the officer title CEO Executive Chairman, and is also a ten percent owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.