EPAM Systems’ Lawrence Solomon acquires 79 shares
The plan priced shares at the lesser of 85% of fair market value on the purchase period’s first or last trading day.
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Rhea-AI Filing Summary
EPAM Systems, Inc. SVP/Chief People Officer Lawrence F. Solomon acquired 79 shares directly on October 31, 2026, under the employee stock purchase plan, at $95.48 per share. The purchase covered May 1, 2026, through October 31, 2026; the plan price was the lesser of 85% of fair market value on the period’s first or last trading day. His reported direct holdings afterward were 30,390 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | EPAM Common Stock F1 | 78.55 | $95.48 | $7K |
Footnotes (1)
- F1. The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the purchase period of May 1, 2026 through October 31, 2026 (the "Purchase Period"). The ESPP is a tax-qualified employee stock purchase plan under Section 423 of the Internal Revenue Code, and the reporting person's enrollment election was made prior to the commencement of the Purchase Period. Accordingly, this transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(c). Per the ESPP, shares were purchased at the lesser of (i) 85% of the fair market value of the Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of the Common Stock on the last trading day of the Purchase Period.
Key Figures
Key Terms
Employee Stock Purchase Plan financial
tax-qualified employee stock purchase plan financial
Section 423 of the Internal Revenue Code regulatory
Rule 16b-3(c) regulatory
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