Peterson Jason D. 4

What Happened

• Jason D. Peterson, Chief Financial Officer of EPAM Systems (EPAM), reported a grant/acquisition of 16,618 restricted stock units (RSUs) and the withholding/disposition of 3,742 shares to satisfy tax withholding on March 15, 2026.
• The withheld shares were disposed at $137.14 per share, totaling approximately $513,178. The RSU grant is recorded at $0.00 per share (typical for restricted awards). If the withheld shares were taken from the same vesting event, the net shares retained would be 12,876 (16,618 − 3,742).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely — within the usual 2-business-day window).
• Withheld/disposed shares: 3,742 shares in five entries (442; 1,037; 549; 546; 1,168) at $137.14 each, totaling ~$513,178 (code F — tax withholding).
• Grant/acquisition: 16,618 RSUs (code A) recorded at $0.00.
• Vesting schedule note (footnote): The awarded RSUs are scheduled to vest 25% on each of March 15, 2027, 2028, 2029, and 2030 (per footnote F2).
• Shares owned after the transaction: Not specified in the provided filing details.
• Transaction codes: F = tax withholding (routine), A = award/grant.

Context

• This filing reflects a routine RSU-related event: an award and related tax-withholding rather than an open-market sale or purchase. Tax-withholding disposals are common when RSUs vest and do not necessarily signal a change in the insider’s view of the company.
• For retail investors, purchases are usually more informative about insider sentiment than withholding or grant events; this report documents compensation and routine withholding.