SEC Form 4 · accession 0001193125-26-394744
Joint Stock Co Kaspi.kz · KSPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vyacheslav Kim
Director
Period of report
Sep 15, 2026
Accepted (ET)
Sep 17, 2026 · 7:38 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001985487
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| American Depositary Shares, no par valueF2,F1 | — | Sep 15, 2026 | S | 13,021 | D | — | — | Common Shares, no par value | — | 36,817,961 | D |
| American Depositary Shares, no par valueF3,F1 | — | Sep 15, 2026 | S | 25,284 | D | — | — | Common Shares, no par value | — | 36,792,677 | D |
| American Depositary Shares, no par valueF4,F1 | — | Sep 15, 2026 | S | 234 | D | — | — | Common Shares, no par value | — | 36,792,443 | D |
| American Depositary Shares, no par valueF5,F1 | — | Sep 16, 2026 | S | 5,720 | D | — | — | Common Shares, no par value | — | 36,786,723 | D |
| American Depositary Shares, no par valueF6,F1 | — | Sep 16, 2026 | S | 6,485 | D | — | — | Common Shares, no par value | — | 36,780,238 | D |
| American Depositary Shares, no par valueF7,F1 | — | Sep 16, 2026 | S | 259 | D | — | — | Common Shares, no par value | — | 36,779,979 | D |
| American Depositary Shares, no par valueF8,F1 | — | Sep 17, 2026 | S | 18,484 | D | — | — | Common Shares, no par value | — | 36,761,495 | D |
| American Depositary Shares, no par valueF9,F1 | — | Sep 17, 2026 | S | 4,120 | D | — | — | Common Shares, no par value | — | 36,757,375 | D |
Explanation of responses
- F1Each American Depositary Share (ADS) represents one common share of the issuer.
- F2The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $98.24 to $99.22, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $99.26 to $100.215, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $100.38 to $100.565, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $97.22 to $98.055, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $98.365 to $99.35, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $99.40 to $99.47, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F8The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $97.455 to $98.44, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F9The price reported in Column 8 is a weighted average price. These ADSs were sold in multiple transactions at prices ranging from $98.47 to $99.22, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks
Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.