Form 4: Freedom Holding Director Awarded 626 Shares

Freedom Holding Corp. Director Andrew Gamble received an award of 626 restricted shares of common stock under the company's 2019 Equity Incentive Plan.

Summary

• Andrew Gamble, a Director and 10% Owner of Freedom Holding Corp. (FRHC), was awarded 626 restricted shares of common stock.
• The award was made on September 15, 2025, under the Company's 2019 Equity Incentive Plan.
• The shares were awarded at a price of $0, indicating they are part of an equity compensation plan.
• Vesting of the shares occurred on September 15, 2025, assuming satisfaction of applicable conditions including continuous service and market price performance.

Sentiment

Score: 7

Explanation: The award of shares to a director is generally a positive event for the individual and can be viewed as a positive signal of alignment between management and shareholder interests. It is a routine compensation event, not indicative of significant operational changes.

Positives

• The award of restricted shares to Director Andrew Gamble aligns his interests with those of shareholders, incentivizing long-term company performance.
• The immediate vesting of the shares on the award date suggests that any performance or service conditions were met.

Future Outlook

The filing primarily reports a past transaction. The shares are now beneficially owned by the director, with vesting conditions having been met on the transaction date.

Management Comments

• Andrew Gamble was awarded 626 restricted shares of common stock of Freedom Holding Corp. under the Company 2019 Equity Incentive Plan.
• Assuming satisfaction of applicable vesting conditions, which include continuous service with the Company and market price conditions tied to the performance of the Company's common shares, vesting of the shares occurred on September 15, 2025.

Industry Context

This is a routine insider transaction, common in publicly traded companies as a form of executive and director compensation to align management interests with shareholder value creation.

Related Party Transactions

• Andrew Gamble, a Director and 10% Owner of Freedom Holding Corp., was awarded 626 restricted shares of common stock by the company under its 2019 Equity Incentive Plan. This constitutes a related party transaction as it involves compensation to a key management personnel.

Stakeholder Impact

• Shareholders: The award of shares to a director can be seen as a positive for shareholders as it aligns the director's financial interests with the company's long-term performance.
• Employees: No direct impact on general employees is indicated by this filing.

Key Dates

Keywords

Freedom Holding Corp, FRHC, Andrew Gamble, Form 4, Director, Restricted Stock, Equity Incentive Plan, Insider Transaction, Beneficial Ownership