Form 4: EPAM Systems Executive Acquires Shares

Viktar Dvorkin, Chief Delivery Officer and EVP Americas at EPAM Systems, Inc., has acquired company shares through the Employee Stock Purchase Plan.

Summary

• Viktar Dvorkin, an executive at EPAM Systems, Inc., acquired 77,551 shares of EPAM Common Stock on April 30, 2026.
• The acquisition was made through the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (ESPP).
• The shares were purchased at a discounted price, specifically 85% of the fair market value on either the first or last trading day of the purchase period (November 1, 2025, to April 30, 2026).
• The purchase price was $96.71 per share.
• Following this transaction, Dvorkin beneficially owns 44,236.642 shares of EPAM Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine executive stock purchase through an employee plan and does not contain new financial performance data or strategic announcements.

Positives

• Executive demonstrates commitment to the company through share acquisition.
• The acquisition was made at a discount through an employee stock purchase plan, indicating a benefit for the executive.
• The transaction is exempt from Section 16(b) short-swing profit rules under Rule 10b5-1(c) for pre-planned transactions.

Negatives

• No negative financial or operational information is presented in this filing.

Risks

• The filing does not explicitly mention any current issues or potential future challenges.

Future Outlook

This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future performance.

Management Comments

• The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 1, 2025 through April 30, 2026 (the "Purchase Period").
• This transaction is also exempt from Rule 16b-3(c).
• In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.

Industry Context

StockSavvy.ai notes that executive stock purchases, especially through employee stock purchase plans at a discount, are common within the technology services industry as a method of employee compensation and retention. This type of filing (Form 4) is standard for reporting such transactions.

Stakeholder Impact

• Shareholders: The acquisition by an executive may be viewed positively as a sign of confidence in the company's future, though it does not directly impact share price in the short term.
• Employees: The existence of the ESPP provides an opportunity for employees to purchase company stock at a discount, fostering a sense of ownership.
• Management: The transaction reflects the compensation structure and benefits provided to key executives.

Next Steps

• No specific next steps are outlined in this filing beyond the completion of the stock purchase.

Key Dates

Keywords

EPAM Systems, Form 4, Insider Trading, Stock Purchase, Employee Stock Purchase Plan, Viktar Dvorkin, Executive Compensation, SEC Filing