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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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Form Type
4

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 Solomon Lawrence F
Role SVP/Chief People Officer
Type Security Shares Price Value
Other EPAM Common Stock F1 78.55 $95.48 $7K
Holdings After Transaction: EPAM Common Stock — 30,390.192 shares (Direct)
Holdings Before and After: EPAM Common Stock, 30,311.642 to 30,390.192 shares (Direct)
Footnotes (1)
  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.
Shares acquired 79 shares October 31, 2026, under the employee stock purchase plan
Purchase price $95.48 per share Employee stock purchase plan acquisition
Direct holdings after transaction 30,390 shares Reported following the October 31, 2026 transaction
Fair market value percentage 85% Plan price was the lesser of 85% of fair market value on the purchase period’s first or last trading day
Employee Stock Purchase Plan financial
"pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-qualified employee stock purchase plan financial
"The ESPP is a tax-qualified employee stock purchase plan"
Section 423 of the Internal Revenue Code regulatory
"under Section 423 of the Internal Revenue Code"
Rule 16b-3(c) regulatory
"exempt from Section 16(b) ... pursuant to Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.

FAQ

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How many EPAM shares did Lawrence F. Solomon acquire, and at what price?

Lawrence F. Solomon acquired 79 shares on October 31, 2026, at $95.48 per share under the employee stock purchase plan. His reported direct holdings following the transaction were 30,390 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Solomon Lawrence F

(Last)(First)(Middle)
41 UNIVERSITY DRIVE SUITE 202

(Street)
NEWTOWN PENNSYLVANIA 18940

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EPAM Systems, Inc. [ EPAM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP/Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
EPAM Common Stock10/31/2026JV78.55(1)A$95.4830,390.192D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ Kate Pytlewski as Attorney-in-Fact11/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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