Isaias Jose Calisto, CEO and Executive Chairman of Karooooo Ltd. (NASDAQ: KARO), filed a Form 4 on August 4, 2026, disclosing the sale of common stock on July 31, 2026 and August 3, 2026.

Key Highlights

  • First sale: 25,452 shares of common stock were disposed of on July 31, 2026 at a price of $64.6496 per share.
  • Second sale: 20,417 shares were disposed of on August 3, 2026 at a price of $64.5101 per share.
  • Resulting ownership: Following the two transactions, Calisto directly beneficially owned 17,773,613 shares of common stock.
  • Reporting person roles: The filing identifies Calisto as a Director, 10% Owner, and Officer with the title CEO and Executive Chairman.
  • Dual listing: Karooooo Ltd. trades on NASDAQ under the symbol KARO and on the JSE under the symbol KRO.

Karooooo CEO and Executive Chairman Discloses Two Common Stock Sales

According to the Form 4 filed with the U.S. Securities and Exchange Commission on August 4, 2026, Isaias Jose Calisto, who serves as CEO and Executive Chairman of Karooooo Ltd. (NASDAQ: KARO; JSE: KRO), reported two separate dispositions of the company's common stock. The reporting person is listed as a Director, 10% Owner, and Officer in the filing.

The first transaction, dated July 31, 2026, involved the sale of 25,452 shares at $64.6496 per share, coded as a disposition (S). Following that transaction, the filing reports Calisto's direct beneficial ownership stood at 17,794,030 shares. The second transaction, dated August 3, 2026, involved the sale of 20,417 shares at $64.5101 per share, also coded as a disposition (S). After this second sale, direct beneficial ownership was reported as 17,773,613 shares.

Both transactions are recorded in Table I as direct ownership dispositions. No derivative securities transactions were reported in Table II. The filing was signed by IJ Calisto on August 4, 2026, and was submitted as a filing by one reporting person. The filing does not include an explanation of responses section with additional detail beyond what is captured in the transaction tables.

What Was Disclosed

The filing reports two open-market sales of Karooooo Ltd. common stock by CEO and Executive Chairman Isaias Jose Calisto on July 31 and August 3, 2026, totaling 45,869 shares, with direct beneficial ownership of 17,773,613 shares reported following the transactions.