Form 4: EPAM Systems Director Helen L. Shan Acquires Restricted Stock Units
SEC Form 4 Filing
Director Helen L. Shan acquired 1,372 restricted stock units of EPAM Systems, Inc. on May 22, 2025, which will vest on the first anniversary of the grant.
Summary
- On May 22, 2025, Helen L. Shan, a director of EPAM Systems, Inc., acquired 1,372 shares of EPAM Common Stock in the form of restricted stock units.
- The acquisition was made under the EPAM Systems, Inc. Non-Employee Director Compensation Policy.
- These restricted stock units are scheduled to vest on the first anniversary of the grant date.
- Following the transaction, Ms. Shan directly owns 6,299 shares of EPAM Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (stock grant to a director), suggesting a neutral to slightly positive sentiment as it indicates alignment of interests between the director and shareholders.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
Future Outlook
The restricted stock units will vest on the first anniversary of the grant date, aligning the director's interests with the long-term performance of the company.
Industry Context
Director compensation in the form of stock awards is a common practice in the tech industry to align the interests of board members with shareholders and incentivize long-term value creation.
Stakeholder Impact
- The stock award aligns the director's interests with those of the shareholders, incentivizing decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of transaction: Helen L. Shan acquired 1,372 restricted stock units. |
Keywords
EPAM Systems, Director, Helen L. Shan, Restricted Stock Units, Form 4, Beneficial Ownership, Compensation Policy, Stock Award, Vesting
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