Form 4: EPAM Systems SVP, Chief Marketing Officer Elaina Shekhter Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Elaina Shekhter, SVP, Chief Marketing Officer of EPAM Systems, reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 27, 2024, Elaina Shekhter, SVP, Chief Marketing Officer of EPAM Systems, Inc., had 118 shares of EPAM Common Stock withheld by the issuer to satisfy tax obligations.
- The shares were withheld at a price of $268.4.
- Following the transaction, Shekhter directly owns 8,834 shares of EPAM Common Stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment, but rather reflects standard corporate practices.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction reflects standard practice for covering tax liabilities associated with equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of transaction: Shares withheld for tax obligations. |
| 03/28/2024 | Date of signature on the report. |
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