Form 4: EPAM Systems Executive Reports Tax Withholding Stock Transaction
SEC Form 4 Filing
Gary C. Abrahams, VP, Corporate Controller, PAO of EPAM Systems, Inc., reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 27, 2024, Gary C. Abrahams, VP, Corporate Controller, PAO of EPAM Systems, Inc., had 33 shares of EPAM Common Stock withheld by the issuer to satisfy tax obligations.
- The shares were withheld at a price of $268.4 per share.
- Following the transaction, Abrahams directly owns 2,509 shares of EPAM Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It reflects standard practice for covering tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of the stock transaction (tax withholding). |
| 03/28/2024 | Date of signature for the report. |
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