Form 4: Director Jill Smart Receives EPAM Stock Grant

Director Jill Smart acquired 2,132 restricted stock units as part of the EPAM Systems, Inc. non-employee director compensation policy.

Summary

• Director Jill Smart was granted 2,132 restricted stock units (RSUs) on May 21, 2026.
• The grant was issued under the company's Non-Employee Director Compensation Policy.
• Following this transaction, the director's total beneficial ownership of EPAM common stock increased to 11,456 shares.
• The shares were acquired at a price of $0 per share as part of a standard equity compensation award.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• The director's increased equity stake aligns her interests more closely with those of shareholders.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest on the first anniversary of the grant date, May 21, 2027.

Industry Context

StockSavvy.ai notes that equity-based compensation for non-employee directors is a standard corporate governance practice in the IT services and consulting sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for S&P 500 and mid-cap technology companies.
• The one-year vesting schedule is a common industry standard for director equity awards.

Corporate Governance

Stakeholder Impact

• Shareholders benefit from the continued alignment of director incentives with long-term company performance.

Next Steps

• Vesting of the 2,132 restricted stock units on May 21, 2027.

Key Dates

Keywords

EPAM, Director Compensation, Insider Transaction, Restricted Stock Units, Equity Grant