Form 4: EPAM Systems SVP/General Counsel Edward Rockwell Reports Stock Transaction
SEC Form 4 Filing
Edward Rockwell, SVP/General Counsel of EPAM Systems, reports the disposal of 69 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 27, 2024, Edward Rockwell, SVP/General Counsel of EPAM Systems, Inc., disposed of 69 shares of EPAM Common Stock.
- The transaction was executed to satisfy tax withholding requirements arising from the vesting of restricted stock units.
- The price per share was $268.4.
- Following the transaction, Rockwell directly owns 6,270 shares of EPAM Common Stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of stock transaction (disposal of shares). |
| 03/28/2024 | Date of signature on the Form 4 filing. |
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