In a recent filing with the United States Securities and Exchange Commission (SEC), Joint Stock Co Kaspi.kz disclosed significant transactions involving American Depositary Shares (ADS) of the company. The report, submitted under SEC Form 4, details changes in beneficial ownership that occurred on June 12 and June 15, 2026.
The form identifies Vyacheslav Kim as a key figure, serving as a director and a 10% owner of the company. The filing shows multiple transactions impacting his ownership of common shares, with the most substantial acquisition detailing a total of 38,310,256 shares after the reported transactions.
The transactions, identified under the instruction codes, illustrate a systematic approach toward acquiring shares at specified prices. Noteworthy is the first transaction dated June 12, where 8,525 ADS were acquired at a price of $80.583, leading to a total ownership in the range of 38 million shares. Subsequent entries on June 15 indicate the acquisition of additional shares: including 12,133 ADS at $81.643, 1,361 at $82.33, and 19,301 at $83.13, cumulatively impacting the shareholdings considerably.
The reports also include the nature of the ownership, with all mentioned transactions falling under “Direct” ownership status, meaning that the shares are held individually by Kim, without any indirect beneficial ownership involved.
The SEC filing underscores financial maneuvers that highlight Kaspi.kz’s strategic positioning in the market. The detailed documentation provides transparency and accountability regarding significant shareholders and their trading activities, ensuring compliance with securities regulations.
The filing concludes with a reminder that intentional misstatements in such declarations could lead to federal criminal violations, emphasizing the critical nature of accurate reporting in securities transactions.
