Form 4: Joint Stock Co Kaspi.kz Director Sells Shares
Insider Transaction (Form 4)
Vyacheslav Kim, a Director of Joint Stock Co Kaspi.kz, sold 115,485 shares of common stock on September 4, 2026.
Summary
- Open-market sale: disposed of 6,691 American Depositary Shares, no par value at $107.51 ($719,349) on September 4, 2026; holds 37,082,589 after (Direct).
- Open-market sale: disposed of 11,473 American Depositary Shares, no par value at $108.19 ($1,241,264) on September 4, 2026; holds 37,071,116 after (Direct).
- Open-market sale: disposed of 7,274 American Depositary Shares, no par value at $106.33 ($773,444) on September 8, 2026; holds 37,063,842 after (Direct).
- Open-market sale: disposed of 20,502 American Depositary Shares, no par value at $107.18 ($2,197,404) on September 8, 2026; holds 37,043,340 after (Direct).
- Open-market sale: disposed of 3,798 American Depositary Shares, no par value at $108.29 ($411,285) on September 8, 2026; holds 37,039,542 after (Direct).
- Open-market sale: disposed of 29,912 American Depositary Shares, no par value at $100.09 ($2,993,892) on September 9, 2026; holds 37,009,630 after (Direct).
- Open-market sale: disposed of 11,000 American Depositary Shares, no par value at $101.10 ($1,112,100) on September 9, 2026; holds 36,998,630 after (Direct).
- Open-market sale: disposed of 11,133 American Depositary Shares, no par value at $102.12 ($1,136,902) on September 9, 2026; holds 36,987,497 after (Direct).
- Open-market sale: disposed of 8,187 American Depositary Shares, no par value at $103.07 ($843,834) on September 9, 2026; holds 36,979,310 after (Direct).
- Open-market sale: disposed of 3,083 American Depositary Shares, no par value at $104.23 ($321,341) on September 9, 2026; holds 36,976,227 after (Direct).
- Open-market sale: disposed of 1,794 American Depositary Shares, no par value at $105.39 ($189,070) on September 9, 2026; holds 36,974,433 after (Direct).
- Open-market sale: disposed of 638 American Depositary Shares, no par value at $106.49 ($67,941) on September 9, 2026; holds 36,973,795 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $12,007,827 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Vyacheslav Kim — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-04 | Open-market sale | American Depositary Shares, no par value | 6,691 | $108 | $719.3K | 37,082,589 |
| 2026-09-04 | Open-market sale | American Depositary Shares, no par value | 11,473 | $108 | $1.2M | 37,071,116 |
| 2026-09-08 | Open-market sale | American Depositary Shares, no par value | 7,274 | $106 | $773.4K | 37,063,842 |
| 2026-09-08 | Open-market sale | American Depositary Shares, no par value | 20,502 | $107 | $2.2M | 37,043,340 |
| 2026-09-08 | Open-market sale | American Depositary Shares, no par value | 3,798 | $108 | $411.3K | 37,039,542 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 29,912 | $100 | $3.0M | 37,009,630 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 11,000 | $101 | $1.1M | 36,998,630 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 11,133 | $102 | $1.1M | 36,987,497 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 8,187 | $103 | $843.8K | 36,979,310 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 3,083 | $104 | $321.3K | 36,976,227 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 1,794 | $105 | $189.1K | 36,974,433 |
| 2026-09-09 | Open-market sale | American Depositary Shares, no par value | 638 | $106 | $67.9K | 36,973,795 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-04 | Open-market sale (6,691 shares) |
| 2026-09-04 | Open-market sale (11,473 shares) |
| 2026-09-08 | Open-market sale (7,274 shares) |
| 2026-09-08 | Open-market sale (20,502 shares) |
| 2026-09-08 | Open-market sale (3,798 shares) |
| 2026-09-09 | Open-market sale (29,912 shares) |
| 2026-09-09 | Open-market sale (11,000 shares) |
| 2026-09-09 | Open-market sale (11,133 shares) |
| 2026-09-09 | Open-market sale (8,187 shares) |
| 2026-09-09 | Open-market sale (3,083 shares) |
| 2026-09-09 | Open-market sale (1,794 shares) |
| 2026-09-09 | Open-market sale (638 shares) |
Keywords
insider transaction, Form 4, KSPI, Joint Stock Co Kaspi.kz, bearish, Vyacheslav Kim
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