Karooooo CEO Jose Isaias Calisto Sells 50,527 Shares for $3.2 Million

Transaction summary

Transaction worth based connected SEC Form 4 weighted mean merchantability terms ($64.08); post-transaction worth based connected July 30, 2026 marketplace adjacent ($64.03).

Key questions

• How does this transaction impact the CEO's wide equity stake?
  The merchantability of 50,527 shares represents a 0.28% simplification successful Jose Isaias Calisto's nonstop holdings, which stay important astatine 17,819,482 shares.

• What was the marketplace valuation astatine the clip of the transaction?
  The weighted mean execution terms was $64.08, portion the company's shares were priced astatine $64.03 arsenic of the July 30, 2026 marketplace close.

• What is the operational standard of the company?
  Karooooo operates a SaaS level for connected vehicles crossed Africa, Europe, and the Asia-Pacific region, generating $5.8 cardinal successful trailing twelve-month revenue.

Company Overview

Company Snapshot

• Karooooo Ltd. operates a broad software-as-a-service (SaaS) level for connected vehicles, offering solutions including Fleet Telematics for real-time fleet intelligence, LiveVision for enhanced fleet visibility and hazard mitigation, and MiFleet for precocious fleet absorption crossed aggregate geographic markets.

• The institution generates gross done subscription-based SaaS offerings that supply fleet operators with information analytics, conveyance connectivity, and operational intelligence, enabling customers to optimize fleet show and trim operational costs.

• It serves fleet operators and proscription enterprises crossed South Africa, Africa, Europe, Asia-Pacific, the Middle East, and the United States, targeting organizations seeking precocious telematics and fleet absorption solutions.

Karooooo Ltd. is simply a planetary SaaS supplier with a marketplace capitalization of $2.0 cardinal and TTM gross of $5.8 billion, serving the connected conveyance and fleet absorption assemblage crossed six large geographic regions. The company's level delivers real-time quality and operational visibility to fleet operators, positioning it arsenic a broad solution supplier successful the increasing telematics and fleet optimization market. With a workforce of 7,395 employees and a TTM nett income of $1.0 billion, Karooooo demonstrates important standard and profitability successful the software-as-a-service sector.