Form 4: EPAM Systems SVP Viktar Dvorkin Reports Gift of Shares to Family Trust

Sentiment:

SEC Form 4 Filing


Viktar Dvorkin, SVP at EPAM Systems, reported a gift of EPAM common stock to the Dvorkin Family Trust on March 24, 2025.

Summary

  • On March 24, 2025, Viktar Dvorkin, SVP/Head of Global Delivery at EPAM Systems, Inc., reported a transaction involving EPAM Common Stock.
  • Dvorkin gifted 14,450 shares to the Dvorkin Family Trust.
  • Following the transaction, Dvorkin directly owns 12,200 shares and the Dvorkin Family Trust indirectly owns 40,624 shares.

Sentiment

Score: 5

Explanation: The document reports a routine transaction (gift of shares) and has no inherent positive or negative implications for the company's performance.

Industry Context

This is a routine disclosure of an insider transaction, specifically a gift of shares. Such transactions are common and do not necessarily reflect a change in the executive's outlook on the company.

Related Party Transactions

  • The gift of shares to the Dvorkin Family Trust constitutes a related party transaction.

Stakeholder Impact

  • The transaction has minimal direct impact on stakeholders as it is a transfer of ownership between related parties and does not affect the company's operations or financial position.

Key Dates

DateDescription
03/24/2025Date of the transaction (gift of shares) and filing date of the Form 4.

Keywords

EPAM Systems, Viktar Dvorkin, Form 4, Beneficial Ownership, Dvorkin Family Trust, Gift of Shares, Insider Transaction

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