Karooooo Ltd. ($KARO) CEO Isaias Jose Calisto reported an open-market sale of 18,630 shares on July 30, 2026, according to a Form 4 filing with the Securities and Exchange Commission dated July 31. The shares were sold at an average price of $63.47, producing total proceeds of $1,182,457.
This filing represented the fourth consecutive trading day in which Calisto sold shares of the technology company. The sequence began on July 27 with a sale of 25,913 shares at $63.44 per share for $1,643,877. On July 28, he sold 22,036 shares at $64.19 per share for $1,414,442. The third sale on July 29 involved 31,897 shares at $64.43 per share for $2,055,210. The July 30 sale brought the four-day total to 98,476 shares sold for aggregate proceeds of $6,295,986.
All four transactions were open-market sales. $KARO shares closed at $64.03 on July 30, and the company carried a market capitalization of approximately $1.99 billion at the time of the sales. The stock traded in a range of roughly $62.50 to $65.97 during the final two days of the selling window.
After the July 30 transaction, Calisto directly owned 17,819,482 shares of Karooooo. Prior to the start of the four-day selling sequence on July 27, his reported holdings stood at 17,917,958 shares. The 98,476 shares he sold across the four days represented about 0.55 percent of his total stake in the company. His remaining position, valued at the July 30 closing price, was worth approximately $1.14 billion.
Each of the four filings reported identical insider titles, listing Calisto as the chief executive officer of Karooooo. The July 27 and July 28 transactions were filed on July 29, while the July 29 and July 30 transactions were filed on July 31. No other corporate insiders filed Form 4 reports on $KARO during the period covered by the database. A search of congressional STOCK Act disclosures turned up no trades in $KARO by members of Congress.
Karooooo, headquartered in Singapore with operations in South Africa and other markets, provides a data analytics and business intelligence platform used primarily in fleet management and asset tracking. The company's shares trade on the Nasdaq Global Select Market. The four July sales mark the only insider transactions on record for $KARO in the database, meaning there were no prior Form 4 filings available for comparison against the CEO's recent selling activity.