SCHEDULE: Freedom Holding Corp. Share Transfer Disclosed

Timur R. Turlov, CEO of Freedom Holding Corp., has disclosed the transfer of 1 million shares as a bona fide gift to Askar Tashtitov.

Summary

• Timur R. Turlov, CEO and Chairman of the Board of Freedom Holding Corp., has filed an amendment (Amendment No. 4) to Schedule 13D.
• This filing details the transfer of 1,000,000 shares of common stock as a bona fide gift to Askar Tashtitov.
• Following this transfer, Timur R. Turlov beneficially owns 41,405,112 shares, representing approximately 64.91% of the issued and outstanding common stock as of September 11, 2026.
• Turlov retains sole voting and sole dispositive power over these shares.
• No other transactions or agreements regarding the issuer's securities are disclosed in this amendment.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, primarily reflecting a change in beneficial ownership due to a gift, rather than a significant shift in control or strategy.

Positives

• The filing clarifies beneficial ownership, confirming Timur R. Turlov's continued significant stake (64.91%) in Freedom Holding Corp.
• The transfer was a bona fide gift, indicating no sale or dilution of Turlov's control.
• The company's leadership structure remains stable with the CEO retaining substantial ownership.

Negatives

• A portion of shares has been transferred out of the CEO's direct beneficial ownership, although control remains consolidated.
• The recipient of the gift, Askar Tashtitov, is not further identified in terms of their role or relationship to the company, which could raise questions about future influence.

Risks

• While not explicitly stated as a risk, the concentration of a large percentage of shares with one individual (even after a gift) could be a governance concern for some investors.
• The filing does not detail the rationale behind the gift, which could be a point of speculation for market participants.

Future Outlook

No specific forward-looking statements or guidance were provided in this amendment. The filing primarily addresses a change in beneficial ownership.

Management Comments

• Reporting Person transferred, as a bona fide gift, an aggregate of 1,000,000 shares of common stock, $.001 par value per share of Freedom Holding Corp. to Askar Tashtitov.

Industry Context

StockSavvy.ai notes that Schedule 13D filings are common for significant shareholders to report changes in their holdings. This particular amendment reflects a gift, which is a non-transactional change in beneficial ownership, and does not indicate a change in the overall control structure of Freedom Holding Corp. given the continued high percentage of ownership by Timur R. Turlov.

Related Party Transactions

• Transfer of 1,000,000 shares of common stock from Timur R. Turlov to Askar Tashtitov as a bona fide gift.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding share ownership, confirming continued majority control by the CEO. The gift itself does not directly impact the value of existing shares but may lead to questions about the recipient's future role or influence.
• Management: Confirms the CEO's ongoing significant commitment to the company.
• Employees: No direct impact mentioned.

Next Steps

• Monitor future filings for any further changes in beneficial ownership or corporate actions by Freedom Holding Corp.

Key Dates

Keywords

Freedom Holding Corp., Schedule 13D, Beneficial Ownership, Share Transfer, Gift, Timur R. Turlov, Corporate Governance, Common Stock