Insider Sergey Lukyanov buys 20,000 Freedom Holding Corp. (FRHC) shares

Rhea-AI Filing Summary

Freedom Holding Corp. officer Sergey Lukyanov reported buying additional common stock in two open-market transactions. He purchased 8,000 shares on February 24, 2026 at a weighted average price of $120.66 per share and 12,000 shares on February 25, 2026 at a weighted average price of $120.42 per share. After these transactions, he directly owned 152,425 shares of Freedom Holding Corp. common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lukyanov Sergey

(Last) (First) (Middle)

ESENTAI TOWER BC, FLOOR 7

77/7 AL FARABI AVE

(Street)

ALMATY 1P 050040

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Freedom Holding Corp. [ FRHC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	*See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		P		8,000	A	$120.66(1)	140,425	D
Common Stock	02/25/2026		P		12,000	A	$120.42(2)	152,425	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the weighted average purchase price on February 24, 2026. The shares were purchased in multiple transactions at prices ranging from $120.30 to $121.00, inclusive. The reporting person undertakes to provide Freedom Holding Corp., any security holder of Freedom Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.

2. Reflects the weighted average purchase price on February 25, 2026. The shares were purchased in multiple transactions at prices ranging from $119.87 to $120.50, inclusive. The reporting person undertakes to provide Freedom Holding Corp., any security holder of Freedom Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.

Remarks:

Chairman of the Management Board of Freedom Finance JSC and Chairman of the Board of Freedom Finance Global PLC

	/s/ Sergey Lukyanov	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Sergey Lukyanov report for FRHC?

Sergey Lukyanov reported buying a total of 20,000 shares of Freedom Holding Corp. common stock in two open-market purchases on February 24 and 25, 2026, increasing his direct ownership to 152,425 shares.

How many Freedom Holding Corp. (FRHC) shares did the insider buy?

The insider bought a total of 20,000 common shares of Freedom Holding Corp., consisting of 8,000 shares on February 24, 2026 and 12,000 shares on February 25, 2026 in open-market purchases.

At what prices were the FRHC shares purchased by Sergey Lukyanov?

The 8,000 shares bought on February 24, 2026 had a weighted average price of $120.66, and the 12,000 shares bought on February 25, 2026 had a weighted average price of $120.42, based on multiple trades within disclosed price ranges.

What is Sergey Lukyanov’s total FRHC share ownership after these trades?

Following the reported open-market purchases, Sergey Lukyanov directly owned 152,425 shares of Freedom Holding Corp. common stock, according to the Form 4 ownership figures reported after the February 25, 2026 transaction.

Were the FRHC insider share purchases single trades or multiple transactions?

Each day’s reported purchase reflects a weighted average price, meaning shares were acquired in multiple transactions. On both February 24 and 25, 2026, buys occurred within specified price ranges rather than at a single trade price.

What do the Form 4 footnotes say about FRHC insider purchase prices?

The footnotes state that prices shown are weighted averages. On February 24, 2026 trades ranged between $120.30 and $121.00 per share, and on February 25, 2026 trades ranged between $119.87 and $120.50 per share, inclusive.