EPAM director awarded 2,132 restricted stock units

McMahon Chandra reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 05/22/2026 - 09:18 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

McMahon Chandra reported acquisition or exercise transactions in this Form 4 filing.

EPAM Systems, Inc. director Chandra McMahon received an equity award in the form of restricted stock units. The grant covers 2,132 shares of EPAM Common Stock at no purchase price and was made under the company’s Non-Employee Director Compensation Policy. Following this award, McMahon directly holds 5,890 shares, and the restricted stock units will vest on the first anniversary of the grant date.

Insider Trade Summary

Grant/Award: 2,132 shares

Grant/Award 1 txn

Insider McMahon Chandra

Role Director

Type	Security	Shares	Price	Value
Grant/Award	EPAM Common Stock	2,132	$0.00	$0.00

Holdings After Transaction: EPAM Common Stock — 5,890 shares (Direct)

Holdings Before and After: EPAM Common Stock, 3,758 to 5,890 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units awarded pursuant to the EPAM Systems, Inc. Non-Employee Director Compensation Policy. These restricted stock units will vest on the first anniversary of the grant date.

Key Figures

RSU grant: 2,132 shares Grant price: $0.0000 per share Post-transaction holdings: 5,890 shares +1 more

4 metrics

RSU grant 2,132 shares Restricted stock units awarded to director on grant date

Grant price $0.0000 per share Reported transaction price for the RSU award

Post-transaction holdings 5,890 shares Total EPAM Common Stock held directly after the award

Vesting schedule First anniversary of grant date Timing of RSU vesting under director compensation policy

Key Terms

restricted stock units, Non-Employee Director Compensation Policy, vest on the first anniversary

3 terms

restricted stock units financial

"Represents restricted stock units awarded pursuant to the EPAM Systems, Inc. Non-Employee Director Compensation Policy."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Non-Employee Director Compensation Policy financial

"Represents restricted stock units awarded pursuant to the EPAM Systems, Inc. Non-Employee Director Compensation Policy."

vest on the first anniversary financial

"These restricted stock units will vest on the first anniversary of the grant date."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did EPAM (EPAM) report for director Chandra McMahon?

EPAM reported that director Chandra McMahon received a grant of 2,132 restricted stock units of EPAM Common Stock. The award was made at no purchase price under the Non-Employee Director Compensation Policy and will vest one year after the grant date.

How many EPAM (EPAM) shares does Chandra McMahon hold after this Form 4?

After the reported transaction, director Chandra McMahon holds 5,890 shares of EPAM Common Stock directly. This total reflects the addition of 2,132 restricted stock units granted as an equity award, which are scheduled to vest on the first anniversary of the grant date.

What type of equity award did EPAM (EPAM) grant to Chandra McMahon?

EPAM granted Chandra McMahon restricted stock units representing 2,132 shares of EPAM Common Stock. These units were awarded under the company’s Non-Employee Director Compensation Policy and carry no purchase price, functioning as stock-based compensation for board service.

When do Chandra McMahon’s EPAM (EPAM) restricted stock units vest?

The restricted stock units awarded to director Chandra McMahon will vest on the first anniversary of the grant date. Vesting means the units convert into shares that are no longer subject to forfeiture, aligning director compensation with longer-term company performance and service.

Was the EPAM (EPAM) Form 4 transaction a market purchase or sale?

The Form 4 transaction was not a market purchase or sale; it was an equity award. Director Chandra McMahon acquired 2,132 restricted stock units at a price of $0.0000 per share as compensation, rather than through buying or selling shares in the open market.

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

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SEC Form 4

FORM 4

UNITED 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^*

McMahon Chandra

(Last) (First) (Middle)

C/O EPAM SYSTEMS, INC.

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
EPAM Common Stock	05/21/2026		A		2,132(1)	A	$0	5,890	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units awarded pursuant to the EPAM Systems, Inc. Non-Employee Director Compensation Policy. These restricted stock units will vest on the first anniversary of the grant date.

Remarks:

	/s/ Kate Pytlewski as Attorney-in-Fact	05/22/2026
	** Signature of Reporting Person	Date
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)