Form 4: EPAM Systems Executive Viktar Dvorkin Reports Stock Transaction
SEC Form 4 Filing
Viktar Dvorkin, SVP/Head of Global Delivery at EPAM Systems, reports a transaction involving EPAM Common Stock on March 27, 2024, to cover tax obligations from vesting restricted stock units.
Summary
- On March 27, 2024, Viktar Dvorkin, SVP/Head of Global Delivery at EPAM Systems, Inc., engaged in a transaction involving EPAM Common Stock.
- The transaction involved the disposal of 164 shares to satisfy tax withholding requirements related to the vesting of restricted stock units.
- The price per share for the transaction was $268.4.
- Following the transaction, Dvorkin directly owns 12,953 shares of EPAM Common Stock and indirectly owns 15,737 shares through the Dvorkin Family Trust.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices. This transaction is related to tax obligations from vesting restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of stock transaction |
| 03/28/2024 | Date of signature for the report |
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