Karooooo Ltd. (KARO) leader sells 45,869 shares near $64.6
Rhea-AI Filing Summary
Karooooo Ltd. director, CEO & Executive Chairman and ten percent owner Calisto Isaias Jose reported selling a total of 45,869 shares of Common Stock in two transactions on July 31 and August 3, 2026 at prices around $64.5 per share, classified as open market or private transactions. The trades were not reported as made under a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary
Net Seller: 45,869 shares
Net Sell
2 txns
Insider
Calisto Isaias Jose
Role
CEO & Executive Chairman
Sold
45,869 shs ($2.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,417 | $64.5101 | $1.32M |
| Sale | Common Stock | 25,452 | $64.6496 | $1.65M |
Holdings After Transaction:
Common Stock — 17,773,613 shares (Direct)
Key Figures
Shares sold on 2026-08-03: 20,417 shares
Shares sold on 2026-07-31: 25,452 shares
Total shares sold: 45,869 shares
+3 more
6 metrics
Shares sold on 2026-08-03
20,417 shares
Common Stock sale on August 3, 2026 at $64.5101 per share
Shares sold on 2026-07-31
25,452 shares
Common Stock sale on July 31, 2026 at $64.6496 per share
Total shares sold
45,869 shares
Aggregate Common Stock sold across two non-derivative transactions
Sale price per share 2026-08-03
$64.5101
Per-share price for Common Stock sale on August 3, 2026
Sale price per share 2026-07-31
$64.6496
Per-share price for Common Stock sale on July 31, 2026
Number of sale transactions
2
Non-derivative Common Stock sales classified as open market or private transactions
Key Terms
Rule 10b5-1, Form 4, ten percent owner, Sale in open market or private transaction
4 terms
Rule 10b5-1 regulatory
"The trades were not reported as made under a Rule 10b5-1 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.
Form 4 regulatory
"Insider sales of Common Stock were reported in a Form 4 statement."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
ten percent owner financial
"Calisto Isaias Jose is identified as a ten percent owner of Karooooo Ltd."
Sale in open market or private transaction regulatory
"Transaction code S is described as a Sale in open market or private transaction."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sales did Karooooo Ltd. (KARO) report for Calisto Isaias Jose?
Karooooo Ltd. reported that CEO and Executive Chairman Calisto Isaias Jose sold 45,869 shares of Common Stock. The sales occurred in two separate transactions on July 31 and August 3, 2026 at prices around $64.5 per share.
Were Karooooo (KARO) CEO stock sales made under a Rule 10b5-1 trading plan?
The trades were not reported as made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox for pre-arranged trading plans was indicated as false, and no footnote described the transactions as pursuant to such a plan.
What type of transactions did the Karooooo (KARO) Form 4 classify these insider trades as?
Both entries are non-derivative transactions in Common Stock with code S, described as a “Sale in open market or private transaction.” They reflect direct ownership sales rather than derivative exercises or gifts.