4/A: EPAM Executive Amends Stock Sale Disclosure

EPAM Systems SVP Sergey Yezhkov filed an amended Form 4 to correct the number of shares beneficially owned after a sale of 10,079 common shares.

Summary

• Sergey Yezhkov, SVP/Co-Head of Global Business at EPAM Systems, Inc., filed an amended Form 4.
• The amendment corrects the number of shares beneficially owned following a previously reported transaction.
• The original transaction involved the sale of 10,079 shares of EPAM Common Stock on October 2, 2025.
• The shares were sold at a weighted average price of $150.86, with individual transaction prices ranging from $150.32 to $151.34.
• The correction reflects shares forfeited by the reporting person on August 29, 2025.
• Following the corrected transaction, Sergey Yezhkov beneficially owns 1,657.23 shares of EPAM Common Stock.

Sentiment

Score: 5

Explanation: The filing is a procedural amendment to an insider transaction, correcting previously reported beneficial ownership. It does not contain new information that would significantly alter the company's fundamental outlook or market sentiment.

Industry Context

This filing is a routine regulatory disclosure of an insider stock transaction and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a procedural correction to a previously disclosed insider sale. The change in beneficial ownership is due to a forfeiture, not a new transaction.

Key Dates

Recommendation

This filing is a procedural amendment to an insider transaction and does not provide new fundamental information to warrant a change in investment thesis. The sale itself was previously disclosed, and the amendment merely corrects the post-transaction beneficial ownership due to a forfeiture. Therefore, a 'hold' recommendation remains appropriate as no new material information affecting the company's valuation or prospects has been presented.

Keywords

EPAM Systems, Sergey Yezhkov, Form 4/A, Insider Transaction, Stock Sale, Beneficial Ownership, SEC Filing