Kaspi.kz Director Vyacheslav Kim Sells 44,013 ADS Shares in July 2026

This Form 4 filing reports that Vyacheslav Kim, director of Joint Stock Co Kaspi.kz (KSPI), sold a total of 44,013 American Depositary Shares (ADS) representing common shares of the company over three days in July 2026. The transactions occurred on July 2, 6, and 7, 2026, with sales prices ranging from $88.32 to $91.479 per ADS. Following these transactions, Kim's ownership position decreased from 38,085,345 ADS to 38,043,987 ADS. The filing notes that as a foreign private issuer, Kaspi.kz's transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act. Each ADS represents one common share of the issuer. The sales were executed through multiple transactions at varying price points within specified ranges, with weighted average prices reported for each transaction block.