Director Vyacheslav Kim Files to Sell $204M in Kaspi.kz ADSs
KSPI sits 53% above its 52-week low of $68.59.
Summary
Director Vyacheslav Kim plans to sell 1.93 million Kaspi.kz ADSs worth about $204 million, continuing a pattern of insider selling near the stock's 52-week high.
Key Events · Ownership and Investor Activity · KSPI
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Director Proposes $204M ADS Sale
Vyacheslav Kim filed a Form 144 to sell 1,932,309 ADSs with an approximate market value of $204,032,507.30.
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10b5-1 Plan Adoption
The sale is executed under a pre-arranged 10b5-1 trading plan adopted on May 22, 2026.
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Prior 3-Month Sales
Kim already sold 1,355,848 ADSs for gross proceeds of $124,547,081.48 between June 1 and August 28, 2026.
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Insider Distribution Pattern
This filing follows a June 4 Form 144 for 1M ADSs ($86.8M) and an August 18 filing by affiliate FINTECH PARTNERS for 1.2M ADSs ($118.9M).
Analysis · KSPI · Trade & Services
Director Vyacheslav Kim has filed a Form 144 to sell 1,932,309 ADSs worth approximately $204 million, adding to a pattern of insider distribution. This follows a June 4 filing for 1 million ADSs ($86.8M) and an August 18 filing by affiliate FINTECH PARTNERS for 1.2 million ADSs ($118.9M). The sale is executed under a 10b5-1 plan adopted May 22, 2026, which provides some context but does not eliminate the overhang signal. The stock is trading near its 52-week high, which may explain the timing of insider monetization.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 35.6% of the 1569 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.19%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KSPI was trading at $105.14 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $19.8B. The 52-week trading range was $68.59 to $109.94. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.