Form 4: EPAM CFO Jason D. Peterson Sells 1,078 Shares of Common Stock
SEC Form 4
EPAM Systems' Chief Financial Officer, Jason D. Peterson, executed a sale of 1,078 shares of common stock on January 27, 2025, at a price of $257 per share.
Summary
- On January 27, 2025, Jason D. Peterson, the Chief Financial Officer of EPAM Systems, Inc., sold 1,078 shares of EPAM common stock.
- The sale was executed at a price of $257 per share.
- Following the transaction, Peterson directly owns 23,382 shares of EPAM common stock.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale under a pre-arranged trading plan. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to have pre-arranged trading plans (Rule 10b5-1) to sell shares over time.
Stakeholder Impact
- The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale, but the existence of a 10b5-1 plan mitigates this.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of the stock sale transaction. |
| 01/29/2025 | Date of signature for the Form 4 filing. |
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