Zurab Nikvashvili - 18 Mar 2026 Form 3 Insider Report for Joint Stock Co Kaspi.kz (KSPI)

Role
Director
Signature
/s/ Yuri Didenko as attorney-in-fact for Zurab Nikashvili
Issuer symbol
KSPI
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 17:35:15 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nikvashvili Zurab Director 154A NAURYZBAI BATYR STREET, ALMATY, KAZAKSTAN /s/ Yuri Didenko as attorney-in-fact for Zurab Nikashvili 18 Mar 2026 0002119428

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding KSPI American Depositary Shares, no par value 18 Mar 2026 Common shares, no par value 470 Direct F1
holding KSPI Option (Right to Buy) 18 Mar 2026 American Depositary Shares, no par value 940 $0.0100 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each American Depositary Share (each, an "ADS") represents one common share of the issuer.
F2 Options become exercisable in two equal tranches, starting two days after the release of the issuer's annual results for each of 2026 and 2027, subject to the reporting person's continued service as a director of the issuer through such dates.

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. Exhibit 24 - Power of Attorney