Director Alexander Berdzenishvili files HEPS Form 3 at D-MARKET

Rhea-AI Filing Summary

D-MARKET Electronic Services & Trading director Alexander Berdzenishvili has filed an initial ownership report on Form 3 for HEPS. The filing identifies him as a director but does not list any buy, sell, or other share transactions or derivative positions.

Key Terms

Form 3, initial statement of beneficial ownership, derivative positions

3 terms

Form 3 regulatory

"has filed an initial ownership report on Form 3 for HEPS"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

initial statement of beneficial ownership regulatory

"serves as an initial statement of beneficial ownership for director"

derivative positions financial

"does not list any buy, sell, or other share transactions or derivative positions"

Derivative positions are contracts that derive their value from an underlying asset—such as a stock, bond, currency or commodity—and include instruments like options, futures and swaps. Think of them as bets or insurance tied to an asset’s future price: they let investors amplify returns, hedge risk or take exposure without owning the asset directly, which can meaningfully increase potential gains, losses and volatility in a portfolio.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Berdzenishvili Alexander

(Last) (First) (Middle)

KUSTEPE MAH. MECIDIYEKOY YOLU CAD.

TRUMP TOWERS TOWER:2 NO:12 FLOOR:2 SISLI

(Street)

ISTANBUL 34387

(City) (State) (Zip)

TURKEY

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
D-MARKET Electronic Services & Trading [ HEPS ]

3a. Foreign Trading Symbol

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

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

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

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney. This Form 3 is being filed late due to an administrative delay in obtaining the reporting person's EDGAR filing credentials. With respect to the untimely filing of this Form 3, the reporting person intends to rely on the no-action relief available to directors and officers of foreign private issuers pursuant to Question 6 of the Holding Foreign Insiders Accountable Act FAQ (added on March 12, 2026).

No securities are beneficially owned.

	/s/ Zeynep Tuana Temel, attorney-in-fact for Alexander Berdzenishvili	04/01/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)

FAQ

What does the HEPS Form 3 filing by Alexander Berdzenishvili show?

The Form 3 shows that Alexander Berdzenishvili is a director of D-MARKET Electronic Services & Trading (HEPS). It is an initial ownership report and does not list any share transactions or derivative holdings in the provided data.

Is Alexander Berdzenishvili reported as an officer or major shareholder of HEPS?

In this Form 3, Alexander Berdzenishvili is reported as a director of HEPS, not as an officer or ten percent owner. The fields for officer status and ten percent owner are not marked as applicable in the provided information.

Does the HEPS Form 3 disclose any stock purchases or sales?

No, the Form 3 data shows no reported transactions. The transaction summary lists zero buy, sell, acquisition, disposal, exercise, gift, tax withholding, or restructuring events, indicating no trading activity is disclosed in this filing.

Are there any derivative securities reported for Alexander Berdzenishvili at HEPS?

The filing’s derivative section is empty in the provided data. The derivativeSummary shows no unexercised options, warrants, or other derivative positions reported for Alexander Berdzenishvili in connection with his role at HEPS.

What is the purpose of this Form 3 for D-MARKET Electronic Services & Trading (HEPS)?

This Form 3 serves as an initial statement of beneficial ownership for director Alexander Berdzenishvili at HEPS. It formally identifies him as a reporting person under insider ownership rules, even though no specific holdings or trades are detailed here.