Form 4: EPAM Systems Director Segert Transfers Shares via Gift

Director Robert E. Segert of EPAM Systems, Inc. transferred shares of common stock via gift on December 2, 2024.

Summary

• Robert E. Segert, a director at EPAM Systems, Inc., reported a transaction involving the transfer of EPAM common stock.
• On December 2, 2024, Mr. Segert transferred 60 shares of EPAM common stock as a gift.
• Additionally, on the same day, he transferred another 1,000 shares of EPAM common stock as a gift.
• The price for both transactions was $0, indicating a gift.
• Following these transactions, Mr. Segert directly owns 3,545 shares and indirectly owns 13,744 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine filing of a stock transfer and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company director and does not indicate any broader industry trends.

Comparison to Industry Standards

• Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock.
• The transactions reported are not unusual for directors and officers of publicly traded companies.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are gifts and do not represent a sale of shares on the open market.

Key Dates

Keywords

EPAM Systems, Robert E. Segert, stock transfer, gift, director, beneficial ownership, Form 4