AG真人官方

Form 4 filing overview

Freedom Holding Corp. (FRHC) reported that Chief Financial Officer Evgeny Ler acquired 5,169 shares of common stock on July 9, 2025. The shares were granted as restricted stock under the company鈥檚 2019 Equity Incentive Plan and vested the same day after the required service and market-price conditions were satisfied. No cash consideration was paid (price $0), indicating a non-market equity award. After this transaction, Ler鈥檚 direct beneficial ownership increased to 39,077 shares. The filing lists no derivative security activity and no additional transactions.

Form 144 overview: The filing notifies the SEC of a proposed resale of 29,438 shares of Freedom Holding Corp. (symbol: FRHC) common stock, valued at $4,266,154.96. The shares represent roughly 0.05 % of the 61,205,640 shares outstanding and will be executed on 07/09/2025 through broker Freedom Finance Global PLC on the Nasdaq Capital Market.

Origin of shares: All securities were received directly from the issuer as equity compensation鈥�23,438 shares on 01/25/2025 and 6,000 shares on 05/18/2025. No cash purchase or gifts are involved.

Key implications for investors:

• The notice signals insider intent to monetize equity awards, generating potential supply of shares in early July 2025.
• While the dollar amount is sizeable ($4.3 million), the transaction is immaterial to the company鈥檚 float (<0.1 %).
• Because it is a planned resale, the filing does not create dilution or change the company鈥檚 capital structure.

Required representations: The filer certifies no possession of undisclosed material adverse information and acknowledges Rule 10b5-1 obligations.

Materiality assessment: The sale鈥檚 relative size suggests limited direct market impact, yet persistent insider selling can influence sentiment. Investors may monitor future Form 4s or additional Form 144s for pattern confirmation.

UBS AG is offering Contingent Income Auto-Callable Securities linked to the common stock of PayPal Holdings, Inc. (PYPL). The notes are senior unsecured obligations of UBS AG London Branch, priced at $1,000 per security, with expected issuance on 16 July 2025 and maturity on or about 14 July 2028 (鈮�36 months).

Coupon mechanics: investors receive a fixed contingent payment of $27.875 per quarter (鈮�11.15 % p.a.) for any determination date on which PYPL鈥檚 closing price is at least 65 % of the initial price (鈥渄ownside threshold鈥�). If, on any determination date other than the final one, PYPL closes at or above 100 % of the initial price (鈥渃all threshold鈥�), the notes are automatically redeemed for $1,000 + the current coupon.

Principal repayment: 鈥� If the final price on 11 July 2028 is 鈮�65 % of the initial price, holders receive principal plus the final coupon. 鈥� If it is <65 %, UBS will pay a cash value equal to the percentage decline in PYPL, exposing investors to a 1-for-1 loss below the threshold and up to 100 % loss of principal. There is no upside participation in PYPL shares.

Key economics & costs: 鈥� Estimated initial value: $937.30 鈥� $967.30 (3.3 %-6.3 % below issue price), reflecting dealer margins, hedging and funding costs. 鈥� Up-front fees total 2.25 % of principal (1.75 % sales commission, 0.50 % structuring fee). 鈥� Securities will not be listed; UBS Securities LLC intends, but is not obligated, to provide a secondary market.

Risk highlights: investors face (i) issuer credit risk of UBS AG, (ii) equity risk in PYPL, (iii) liquidity risk given the unlisted nature, (iv) early-call reinvestment risk, and (v) tax uncertainty; the notes are treated as prepaid derivatives with ordinary-income coupons.

Investor profile: suitable only for sophisticated investors who can tolerate loss of principal, limited upside, and illiquidity in exchange for above-market contingent income.

Freedom Holding Corp. (FRHC) filed a Form 144, indicating an insider鈥檚 intent to sell restricted/control securities under Rule 144.

• Securities to be sold: 3,000 common shares.
• Estimated market value: US$436,500 (鈮� US$145.5 per share).
• Approximate sale date: 01 July 2025.
• Exchange: Kazakhstan Stock Exchange (KASE).
• Shares outstanding: 61,205,640; the planned sale equals roughly 0.005% of shares outstanding.
• Acquisition details: Shares vested on 18 May 2025 through an employee stock-grant (equity compensation); no cash purchase involved.
• Broker: Freedom Broker, Esentai Tower, Almaty.

No other sales by the filer were reported in the past three months, and the filer attests to possessing no undisclosed material adverse information.

The filing is a routine regulatory notice rather than a definitive transaction. Given the small size relative to the float, the sale is unlikely to be materially dilutive or signalling significant insider pessimism, but it does incrementally expand public float and can be perceived as a mild negative sentiment indicator.

Freedom Holding Corp. (FRHC) 鈥� Insider Transaction Summary

On 06/20/2025, President and Director Askar Tashtitov filed a Form 4 disclosing an open-market purchase of 600 FRHC common shares at a weighted-average price of $140.75, representing roughly $84,450 in total consideration. After the transaction, Tashtitov directly holds 137,208 shares of the company鈥檚 stock.

No derivative positions were reported, and the filing does not indicate that the trade was conducted under a Rule 10b5-1 plan. The transaction slightly increases the insider鈥檚 already significant equity stake and reaffirms ongoing Section 16 reporting obligations.