Welcome to our dedicated page for Kaspi kz SEC filings (Ticker: KSPI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Joint Stock Company Kaspi.kz filings document U.S. disclosure by a foreign private issuer whose American Depositary Shares trade under KSPI. Form 6-K reports furnish annual and interim consolidated financial statements, operating results, AGM notices and results, dividend resolutions, external-auditor appointments, board remuneration terms, and material capital-structure events.
The filings also incorporate selected disclosures by reference into the company’s Form S-8 registration statement and include Form 20-F annual reporting. Company-specific risk disclosure addresses the Kaspi.kz and Kaspi Pay Super App model, consumer and merchant engagement, platform network effects, technology infrastructure, merchant relationships, and the Payments, Marketplace, and Fintech Platforms.
KSPI reported a Form 144 notice for the proposed sale of 1,000,000 ADSs. The filing lists an aggregate amount of $90,400,000.00 and includes multiple prior sale entries by FINTECH PARTNERS LTD dated between 04/01/2026 and 05/28/2026. The Form 144 notes a transfer under a Participation Deed by Asia Equity Partners Ltd on 08/30/2024 with consideration paid in full.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported open-market sales of 50,442 American Depositary Shares (ADS) of the company. The trades took place on May 22 and May 26 at weighted average prices mostly around $91–$94 per ADS. Footnotes state the ADSs were sold in multiple transactions, with price ranges from $90.455 to $94.48, and that full price breakdowns are available on request.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported open-market sales of 58,810 American Depositary Shares (ADSs). The trades took place on May 20 and 21, 2026 in eight separate transactions, with weighted average prices in disclosed ranges between $88.26 and $92.80 per ADS.
After the reported transactions, Form 4 entries show Kim’s direct holdings at various points around 38.6 million ADSs. Each ADS represents one common share of Kaspi.kz.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported selling 44,712 American Depositary Shares (ADS) in a series of open-market transactions. The sales took place on May 18–19, 2026, across six trades classified as open-market or private sale transactions.
The reported per-share prices were weighted averages, with individual trades executed within ranges from $87.00 to $90.16. Each ADS represents one common share of Kaspi.kz. The filing notes no option exercises during this period, focusing solely on these ADS sales.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported selling 48,629 American Depositary Shares (ADS) of the company in a series of open-market transactions. The trades took place on May 14–15, 2026 at weighted average prices that included $88.94 and $87.35 per ADS.
The filing classifies all six transactions as open-market sales of ADSs, each representing one common share. Even after these sales, the reported ownership table shows the director still holding a very large position, so the disposals appear small relative to his overall stake.
Joint Stock Co Kaspi.kz director Alina Prawdzik reported a non-cash reclassification of her holdings through a gift transfer. On May 12, 2026, she transferred 17,778 American Depositary Shares (ADSs) for no consideration to a trust where she and an immediate family member are settlors and sole beneficiaries.
The filing describes this as a bona fide gift and a change from direct to indirect ownership, with the trust now holding 17,778 ADSs. Each ADS represents one common share, and the transaction does not reflect an open-market purchase or sale.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported a series of open-market sales totaling 47,441 American Depositary Shares (ADSs) on May 12–13, 2026, at weighted average prices in the mid‑$80s per ADS. After these transactions, he directly held 38,782,801 ADSs, so the sales represent only a very small part of his overall stake.
Kaspi.kz reports strong top-line growth for the three months ended 31 March 2026, with revenue rising to 1,080,630 million KZT from 821,851 million KZT a year earlier. Marketplace, Payments and Fintech all contributed, led by Marketplace revenue of 519,860 million KZT and Fintech revenue of 429,553 million KZT.
Despite higher revenue, net income was broadly stable at 251,907 million KZT versus 254,049 million KZT, as costs and operating expenses increased to 758,329 million KZT. Basic earnings per share were 1,313 KZT, slightly below 1,327 KZT in 2025. Adjusted EBITDA improved to 367,859 million KZT, reflecting underlying operating strength.
Total assets reached 11,097,711 million KZT, with loans to customers of 7,262,533 million KZT and customer accounts of 7,428,537 million KZT. The bank’s Tier 1 capital ratio under Basel III was 20.1%, and Kazakhstan regulator ratios showed Tier 1 capital at 13.5%, comfortably above minimums. Subsequent events include a USD 600 million bond issue maturing in 2031 at a fixed 5.9% rate and declared dividends of 850 KZT per share for 2025, with a further 850 KZT per share dividend for Q1 2026 proposed.
Joint Stock Co Kaspi.kz director Vyacheslav Kim reported multiple open-market sales of the company’s American Depositary Shares (ADSs). Across May 8 and May 11, 2026, he sold a total of 44,691 ADSs at weighted average prices in the mid‑$80s to high‑$80s per ADS.
Each ADS represents one common share of Kaspi.kz. The transactions were executed in numerous individual trades within reported price ranges between about $84.055 and $89.25 per ADS, as disclosed in the filing’s footnotes.
Joint Stock Company Kaspi.kz has called an Extraordinary General Meeting of Shareholders for 11 June 2026 at 10:00 Astana time in Almaty, Kazakhstan, with a backup date of 12 June 2026 if quorum is not reached.
The agenda includes approval of the meeting agenda, setting the Counting commission, and a vote on paying dividends on common shares. The Board of Directors recommends a dividend of 850 KZT per common share, with a proposed dividend record date of 10 June 2026. Shareholders entitled to participate will be based on the register as of 08 May 2026.