Karooooo (KARO) 10% Owner Calisto Isaias Jose Sells Shares

What Happened

• Calisto Isaias Jose, reported as a 10% beneficial owner of Karooooo Ltd. (KARO), sold 9,315 shares on August 24, 2026. The shares were disposed at $64.35 per share, for a total transaction value of approximately $599,400. The filing reports a sale (transaction code S), which is a disposition of shares rather than a purchase.

Key Details

• Transaction date: 2026-08-24; Filing date (Form 4): 2026-08-26.
• Price: $64.35 per share; Shares sold: 9,315; Total proceeds: ~$599,400.
• Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for post-transaction holdings.
• Plan/footnotes: The provided summary does not indicate a 10b5-1 trading plan, tax withholding, or other footnotes.
• Timeliness: Filed two days after the transaction date (appears to be filed on time).

Context

• This was a straight sale by a 10% owner. Sales by large shareholders are routine disclosures and do not necessarily reflect management’s view of the company’s prospects. For complete details, including exact post-transaction ownership and any footnotes, review the full Form 4 filing (Accession: 0001213900-26-093923).