Form 4: EPAM Executive Sells Shares Under 10b5-1 Plan
Insider Transaction Report
EPAM Systems VP, Corporate Controller, Gary C Abrahams, sold 600 shares of common stock for $179.29 per share under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Gary C Abrahams, VP, Corporate Controller, and Principal Accounting Officer (PAO) of EPAM Systems, Inc. (EPAM), reported a sale of common stock.
- The transaction involved the disposition of 600 shares of EPAM Common Stock.
- The shares were sold at a price of $179.29 per share.
- The transaction date was November 17, 2025.
- Following this transaction, Mr. Abrahams beneficially owns 2,720.091 shares of EPAM Common Stock.
- The sale was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), indicating a pre-arranged trading plan.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale by an executive under a pre-arranged Rule 10b5-1 trading plan. This type of transaction is generally considered neutral as it is often part of personal financial management and not indicative of the company's performance or future prospects.
Future Outlook
NA
Industry Context
This filing reports a routine insider transaction, specifically a sale of company stock by an executive. Such transactions, especially when conducted under a Rule 10b5-1 plan, are common and generally do not reflect a change in the company's strategic direction or immediate financial health. They are often part of an executive's personal financial planning or diversification strategy.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan Disclosure | The transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up a pre-scheduled plan to buy or sell company stock. This helps mitigate concerns about insider trading by demonstrating that the trades were not based on material non-public information. | 11/17/2025 | Enhances transparency and compliance with insider trading regulations, demonstrating a structured approach to executive stock transactions. |
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholders, as it is a pre-scheduled personal financial decision rather than a reaction to new company information.
Key Dates
| Date | Description |
|---|---|
| 11/17/2025 | Transaction Date for the sale of EPAM Common Stock by Gary C Abrahams. |
Keywords
EPAM Systems, EPAM, Insider Trading, Form 4, Stock Sale, Executive Transaction, 10b5-1 Plan, Beneficial Ownership
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