Form 4: EPAM SVP Acquires Shares via ESPP

EPAM Systems' SVP & Chief People Officer, Lawrence F. Solomon, acquired additional common stock through the company's Employee Stock Purchase Plan.

Summary

• Lawrence F. Solomon, SVP & Chief People Officer of EPAM Systems, Inc. (EPAM), acquired shares of the company's common stock.
• The acquisitions were made pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (ESPP).
• On April 30, 2025, 56.234 shares were acquired at a price of $133.37 per share.
• On October 31, 2025, an additional 55.683 shares were acquired at a price of $134.69 per share.
• Following these transactions, Mr. Solomon beneficially owns a total of 20,445.091 shares of EPAM Common Stock.
• Shares under the ESPP are purchased at the lesser of 85% of the fair market value on the first or last trading day of the six-month purchase period.

Sentiment

Score: 7

Explanation: The acquisition of company stock by a senior officer, even through a routine employee stock purchase plan, generally indicates a degree of confidence in the company's long-term value.

Positives

• Insider acquisition of shares, even through an ESPP, can signal management confidence in the company's future prospects.
• The shares were acquired at a discounted price through the ESPP, indicating a benefit to the employee.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

Employee Stock Purchase Plans (ESPPs) are common compensation tools in the technology and professional services industries, like EPAM Systems, designed to align employee interests with shareholder value.

Comparison to Industry Standards

• ESPPs offering a discount (e.g., 15% as implied by 85% of fair market value) are standard practice across many industries, including technology. No specific comparable companies or projects are mentioned in this filing.

Related Party Transactions

• Acquisition of EPAM Common Stock by SVP & Chief People Officer Lawrence F. Solomon through the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (ESPP).

Stakeholder Impact

• Shareholders: Potentially positive, as insider buying can be seen as a sign of confidence in the company's future.
• Employees: The ESPP benefits employees by allowing them to purchase company stock at a discount, fostering alignment with company performance.

Key Dates

Keywords

EPAM, Insider Transaction, Stock Purchase, ESPP, Beneficial Ownership, Form 4