EPAM Systems, Inc.·4

Mar 17, 8:26 AM ET

Dvorkin Viktar 4

4 · EPAM Systems, Inc. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

EPAM SVP Viktar Dvorkin Receives RSUs; 1,217 Shares Withheld

What Happened
Viktar Dvorkin, SVP and Head of Global Delivery at EPAM Systems, received a grant of 11,370 restricted stock units (RSUs) (reported as an acquisition at $0) on March 15, 2026. To satisfy tax withholding obligations tied to RSU vesting, EPAM withheld 1,217 shares (228 + 240 + 239 + 510) and reported those as dispositions at $137.14 per share, totaling about $166,899. This is a routine award and withholding transaction rather than an open-market sale.

Key Details

  • Transaction date: March 15, 2026. Filing date: March 17, 2026.
  • Withheld/disposed shares: 228, 240, 239, and 510 — total 1,217 shares — at $137.14 each; total value ≈ $166,899. (Reporting code F: tax withholding.)
  • Award/acquisition: 11,370 RSUs granted (reported at $0) — reporting code A.
  • Vesting schedule note (footnote): The RSUs are scheduled to vest 25% on each of March 15, 2027, 2028, 2029, and 2030.
  • Shares owned after the transaction: not specified in the provided excerpt of the filing.
  • Filing timeliness: not indicated as late in the provided data.

Context

  • These entries reflect an equity grant (RSUs) and routine withholding to cover taxes, not an investment sale. Withholding of shares to satisfy tax obligations is common and does not necessarily signal the insider’s view of the company.
  • The grant is subject to multi-year vesting (four annual installments), so the full economic benefit vests over time rather than immediately.

Insider Transaction Report

Form 4
Period: 2026-03-15
Dvorkin Viktar
SVP/Head of Global Delivery
Transactions
  • Tax Payment

    EPAM Common Stock

    [F1]
    2026-03-15$137.14/sh228$31,26812,083.091 total
  • Tax Payment

    EPAM Common Stock

    [F1]
    2026-03-15$137.14/sh240$32,91411,843.091 total
  • Tax Payment

    EPAM Common Stock

    [F1]
    2026-03-15$137.14/sh239$32,77611,604.091 total
  • Tax Payment

    EPAM Common Stock

    [F1]
    2026-03-15$137.14/sh510$69,94111,094.091 total
  • Award

    EPAM Common Stock

    [F2]
    2026-03-15+11,37022,464.091 total
Footnotes (2)
  • [F1]These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to the reporting person under the Issuer's Long Term Incentive Plan.
  • [F2]Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 15, 2027, 2028, 2029, and 2030.
Signature
/s/ Kate Pytlewski as Attorney-in-Fact|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773750402.xmlPrimary

    FORM 4