Form 4: EPAM Systems SVP Sells Shares After Option Exercise

Boris Shnayder, SVP/Co-Head of Global Business at EPAM Systems, exercised stock options and sold shares on May 22, 2025.

Summary

• On May 22, 2025, Boris Shnayder, SVP/Co-Head of Global Business at EPAM Systems, exercised employee stock options to acquire 10,500 shares of EPAM Common Stock at a price of $74.11.
• Simultaneously, Shnayder sold 10,500 shares of EPAM Common Stock at a weighted average price of $183.97, with individual sales prices ranging from $183.78 to $184.30.
• Following these transactions, Shnayder directly owns 15,534 shares of EPAM Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which is important for investors to assess management's perspective on the company's value and prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
• Similar filings are made by executives at companies like Accenture, Tata Consultancy Services, and Infosys, providing investors with insights into management's actions related to their company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the supply of shares in the market.
• The filing provides transparency to stakeholders regarding insider transactions.

Key Dates

Keywords

EPAM Systems, Boris Shnayder, stock options, Form 4, share sale, insider trading, equity securities