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Stock compensation expense

Freedom Holding·Business Segments·4 segments·Rolls up to ESOP Compensation Expense

Breakdown

Segments

BrokerageView metric

BankView metric

InsuranceView metric

OtherView metric

Segment	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26
Other	$3.09M	$3.32M	$7.36M	$5.75M	$5.97M
Brokerage	$7.66M	$6.21M	$4.9M	$5.58M	$4.04M
Insurance	$6.44M	$10.45M	$406K	$711K	$2.09M
Bank	$6.31M	$3.07M	$2.83M	$3.31M	$2.05M
Total	—	—	—	—	—