Form 4: EPAM Systems Executive Balazs Fejes Reports Sale of 5,400 Shares

Balazs Fejes, EVP/Co-Head of Global Business at EPAM Systems, Inc., reported selling 5,400 shares of EPAM common stock at $200 per share on March 4, 2025.

Summary

• On March 4, 2025, Balazs Fejes, an EVP/Co-Head of Global Business at EPAM Systems, Inc., sold 5,400 shares of EPAM common stock.
• The sale price was $200 per share.
• Following the transaction, Fejes directly owns 11,572 shares of EPAM common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into the transactions of those with privileged information.

Comparison to Industry Standards

• Monitoring insider transactions is a common practice in financial analysis to gauge executive sentiment and potential future performance.
• Comparing Fejes' transactions to those of other executives at EPAM and similar IT services companies (e.g., Accenture, Tata Consultancy Services, Infosys) could provide insights into the overall health and outlook of EPAM.

Stakeholder Impact

• The sale of shares by a company executive can be perceived in various ways by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial management.

Key Dates

Keywords

EPAM Systems, Balazs Fejes, stock sale, Form 4, executive, ownership, transaction