Form 4: EPAM Systems SVP Lawrence Solomon Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Lawrence Solomon, SVP & Chief People 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, Lawrence F. Solomon, SVP & Chief People Officer of EPAM Systems, Inc., had 300 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, Solomon directly owns 14,134 shares of EPAM Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions and does not inherently convey positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of transaction: Shares withheld for tax obligations. |
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