Solomon Lawrence F 4

What Happened

• Lawrence F. Solomon, SVP & Chief People Officer of EPAM Systems, received a grant of 11,370 restricted stock units (RSUs) on 2026-03-15 (reported on Form 4). Concurrently, 1,581 shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of previously granted RSUs. The withheld shares were surrendered at an indicated price of $137.14 per share (total ≈ $216,818). The newly granted RSUs have an implied market value of roughly $1.56M (11,370 × $137.14), but are recorded as acquired at $0 (typical for RSU awards).

Key Details

• Transaction date: 2026-03-15; filing date: 2026-03-17 (timely).
• Actions reported: A (grant/award) — 11,370 RSUs @ $0.00 (acquired); F (tax withholding) — 288, 314, 312 and 667 shares withheld (total 1,581) @ $137.14 (disposed) totaling ≈ $216,818.
• Net change in shares from these entries: +9,789 shares (11,370 granted − 1,581 withheld).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — shares were withheld by the issuer to satisfy tax withholding on vesting; F2 — the 11,370 RSUs are scheduled to vest 25% on each of March 15, 2027, 2028, 2029 and 2030.
• Filing timeliness: Reported within two days of the transaction date (no late filing flag).

Context

• This is a compensation-related transaction (RSU grant and tax withholding), not an open-market buy or sell. The grant (A) represents future compensation subject to a multi-year vesting schedule; the withheld shares (F) reflect routine tax withholding when prior RSUs vested. Such filings are common for executive compensation and do not, by themselves, indicate a buy/sell signal by the insider.