Isaias Jose Calisto, CEO and Executive Chairman of Karooooo Ltd., filed a Form 4 on August 6, 2026, disclosing the sale of common stock on two consecutive trading days.

Key Highlights

  • First sale: 25,594 shares of common stock were disposed of on August 4, 2026, at a price of $64.6035 per share.
  • Second sale: 33,833 shares were disposed of on August 5, 2026, at a price of $66.1396 per share.
  • Post-transaction ownership: Following the two sales, the reporting person directly holds 17,714,186 shares of common stock.
  • Reporting person roles: Calisto is identified in the filing as a Director, 10% Owner, and Officer with the title CEO and Executive Chairman.
  • Foreign trading symbol: The filing lists a foreign trading symbol of KRO on the JSE, in addition to KARO on NASDAQ.

Karooooo Executive Chairman's Two-Day Share Disposal Detailed in Regulatory Filing

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Isaias Jose Calisto reported two separate sales of Karooooo Ltd. (NASDAQ: KARO) common stock. On August 4, 2026, the filing discloses that 25,594 shares were disposed of at $64.6035 per share. The following day, August 5, 2026, an additional 33,833 shares were disposed of at $66.1396 per share. Both transactions are coded "S," indicating open-market sales, and are recorded as direct ownership.

The filing reports that following the August 4 transaction, Calisto directly held 17,748,019 shares, and after the August 5 transaction, that figure decreased to 17,714,186 shares. No derivative securities transactions were reported in Table II of the filing. The reporting person is listed at an address in Singapore, and the filing notes the issuer also carries the foreign trading symbol KRO on the JSE.

The Form 4 was signed by IJ Calisto and dated August 6, 2026. No amendment date is listed, indicating this is an original filing. The filing does not indicate whether the transactions were made pursuant to a Rule 10b5-1 plan, as the corresponding checkbox was not checked.

What Was Disclosed

The filing discloses two direct sales of Karooooo Ltd. common stock by CEO and Executive Chairman Isaias Jose Calisto on August 4 and August 5, 2026, totaling 59,427 shares, with a resulting direct beneficial ownership of 17,714,186 shares.