Karooooo Ltd. (KARO) CEO-Calisto reports sale of 22,791 common shares
Rhea-AI Filing Summary
Karooooo Ltd. director, CEO and Executive Chairman Isaias Jose Calisto reported open-market sales of company common stock. On August 10, 2026, he sold 22,549 shares at a price of $63.2457 per share. On August 11, 2026, he sold an additional 242 shares at $63.0050 per share. The filing’s Rule 10b5-1 checkbox was not marked as a trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 22,791 shares
Net Sell
2 txns
Insider
Calisto Isaias Jose
Role
CEO Executive Chairman
Sold
22,791 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 242 | $63.005 | $15K |
| Sale | Common Stock | 22,549 | $63.2457 | $1.43M |
Holdings After Transaction:
Common Stock — 17,660,116 shares (Direct)
Key Figures
Shares sold August 10, 2026: 22,549 shares
Shares sold August 11, 2026: 242 shares
Total shares sold: 22,791 shares
+1 more
4 metrics
Shares sold August 10, 2026
22,549 shares
Common Stock sale at $63.2457 per share
Shares sold August 11, 2026
242 shares
Common Stock sale at $63.0050 per share
Total shares sold
22,791 shares
Aggregate non-derivative Common Stock sold in reported transactions
Rule 10b5-1 plan checkbox
false
Affirmation of trading under a Rule 10b5-1 plan not checked
Key Terms
non-derivative, open market or private transaction, Rule 10b5-1
3 terms
non-derivative financial
"The transactions involved non-derivative Common Stock."
open market or private transaction financial
"Transaction code S described as Sale in open market or private transaction."
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox was not marked as a trading plan."
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.
FAQ
What insider transactions did Karooooo Ltd. (KARO) report in this Form 4?
Karooooo Ltd. reported that Isaias Jose Calisto, its CEO, Executive Chairman and director, sold 22,791 shares of common stock in open-market or private transactions on August 10–11, 2026.
Were Karooooo (KARO) CEO’s stock sales under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not checked, indicating these 22,791-share sales of Karooooo common stock were not affirmatively reported as made under a Rule 10b5-1 trading plan.
What type of securities did the Karooooo (KARO) insider sell?
The transactions reported by Karooooo’s CEO and Executive Chairman involved non-derivative Common Stock. He sold a total of 22,791 shares in open-market or private transactions at prices just above $63 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.