Freedom Holding CEO gifts 1M shares to Tashtitov
Freedom Holding Corp.’s CEO reported a bona fide gift of 1,000,000 common shares to Askar Tashtitov, with over 41 million shares still held directly.
Rhea-AI Filing Summary
Freedom Holding Corp. (FRHC) director, CEO, and major shareholder Timur R. Turlov reported a bona fide gift transfer of 1,000,000 shares of common stock on September 16, 2026. The shares were gifted for no consideration to Askar Tashtitov, leaving Turlov with 41,405,112 shares held directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000,000 shares gifted
Gift
1 txn
Insider
Turlov Timur R
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,000,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 41,405,112 shares (Direct)
Footnotes (1)
- F1. Represents a bona fide gift of 1,000,000 shares of Freedom Holding Corp. common stock to Askar Tashtitov for no consideration.
Key Figures
Shares gifted: 1,000,000 shares
Price per share for gift: $0.00 per share
Shares held after transaction: 41,405,112 shares
3 metrics
Shares gifted
1,000,000 shares
Common stock gifted on September 16, 2026
Price per share for gift
$0.00 per share
Reported for the bona fide gift transaction
Shares held after transaction
41,405,112 shares
Direct ownership by Timur R. Turlov after the gift
Key Terms
bona fide gift, Rule 10b5-1 trading plan, common stock
3 terms
bona fide gift financial
"Represents a bona fide gift of 1,000,000 shares of Freedom Holding Corp."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 plan is reported for this transaction."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
common stock financial
"1,000,000 shares of Freedom Holding Corp. common stock to Askar Tashtitov"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FRHC’s CEO report in this Form 4?
The CEO, Timur R. Turlov, reported a bona fide gift of 1,000,000 shares of Freedom Holding Corp. common stock on September 16, 2026, transferring them to Askar Tashtitov for no consideration.
Was the FRHC insider transaction executed under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan is associated with this transaction; the document-level Rule 10b5-1 checkbox is not affirmed.
AI-generated analysis. How Rhea-AI works. Not financial advice.