Form 4: EPAM Systems Executive Sergey Yezhkov Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Sergey Yezhkov, SVP/Co-Head of Global Business at EPAM Systems, reports a transaction involving EPAM Common Stock to cover tax obligations from vesting restricted stock units.
Summary
- On March 27, 2024, Sergey Yezhkov, SVP/Co-Head of Global Business at EPAM Systems, engaged in a transaction involving EPAM Common Stock.
- 215 shares were disposed of to satisfy tax withholding requirements related to the vesting of restricted stock units.
- The transaction price was $268.4 per share.
- Following the transaction, Yezhkov directly owns 13,861 shares of EPAM Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 03/28/2024 | Date of signature for the Form 4 filing. |
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