HEPS (D-MARKET) director Mikheil Lomtadze files initial Form 3 insider report

Rhea-AI Filing Summary

D-MARKET Electronic Services & Trading director Mikheil Lomtadze filed an initial ownership report on Form 3 for HEPS. This filing establishes his status as a reporting insider under SEC rules but does not list any stock transactions or specific share holdings in the provided data.

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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^*

Lomtadze Mikheil

(Last) (First) (Middle)

KUSTEPE MAH. MECIDIYEKOY YOLU CAD.

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

(Street)

ISTANBUL 34387

(City) (State) (Zip)

UNITED STATES

(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

No securities are beneficially owned.

	/s/ Zeynep Tuana Temel, attorney-in-fact for Mikheil Lomtadze	03/18/2026
	** 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 Mikheil Lomtadze show?

The Form 3 filing shows that Mikheil Lomtadze is a director of D-MARKET Electronic Services & Trading (HEPS). It serves as his initial insider ownership report and, in the provided data, does not include any reported stock transactions or share amounts.

Are there any buy or sell transactions in the HEPS Form 3?

No buy or sell transactions appear in this HEPS Form 3. The transaction summary shows zero purchases, zero sales, and no derivative exercises, indicating this filing functions purely as an initial ownership registration for the reporting director.

Who is the reporting person in the HEPS Form 3 filing?

The reporting person is Mikheil Lomtadze, identified as a director of D-MARKET Electronic Services & Trading. The filing confirms his status as an insider for HEPS under SEC rules, which subjects his future trades to ongoing disclosure requirements.

Does the HEPS Form 3 disclose derivative positions or options?

The provided HEPS Form 3 data shows no derivative positions or options. The derivative summary is empty and derivativeTransactionCount is zero, meaning no options, warrants, or similar instruments are listed in this initial insider ownership report excerpt.

Why is this HEPS Form 3 important for investors?

This HEPS Form 3 is important because it designates Mikheil Lomtadze as an SEC-reporting insider. Once listed, any future trades he makes in HEPS shares or derivatives must be disclosed, improving transparency around insider activity for market participants.