4Filed Aug 26, 8:00 PM ET

Karooooo (KARO) CEO Calisto Isaias Jose Sells 359 Shares

$KARO · Karooooo Ltd.

Research Summary

AI-generated summary of this SEC filing

Updated

Karooooo (KARO) CEO Calisto Isaias Jose Sells 359 Shares

What Happened

  • Calisto Isaias Jose, Karooooo's CEO & Executive Chairman, reported sales of company stock in two open‑market transactions. He sold 336 shares on 2026-08-25 at $64.15 each for $21,554, and 23 shares on 2026-08-26 at $64.00 each for $1,472, totaling $23,026. This was a disposition (sale), not a purchase.

Key Details

  • Transaction dates and prices: 336 shares at $64.15 on 2026-08-25; 23 shares at $64.00 on 2026-08-26.
  • Total shares sold: 359; total proceeds: $23,026.
  • Transaction type/code: S = Sale (open‑market).
  • Shares owned after transaction: not specified in the information provided in this summary; see the Form 4 filing for exact post‑transaction holdings.
  • Footnotes/plan notation: no 10b5‑1 plan, tax withholding, or other special footnotes were provided in the supplied details.
  • Filing timeliness: Form 4 was filed on 2026-08-27 and appears to be timely (filed within the standard reporting window).

Context

  • This report documents sales by an insider; sales can reflect routine liquidity or other personal reasons and do not, by themselves, indicate a change in company outlook. For investors tracking insider activity, purchases generally carry more direct signaling weight than routine sales.