EPAM Systems EVP Viktar Dvorkin acquires 79 shares
The ESPP purchase price was set at 85% of fair market value on the lower-valued of the first and last trading days of the May 1–October 31, 2026 purchase period.
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Form Type
4
Rhea-AI Filing Summary
EPAM Systems, Inc. Chief Deliv Off, EVP, Americas, Viktar Dvorkin acquired 79 common shares on October 31, 2026, at $95.48 per share through the 2021 Employee Stock Purchase Plan. No Rule 10b5-1 plan is reported. His reported direct holdings after the transaction were 44,315 shares; 38,124 shares were held indirectly through the Dvorkin Family Trust.
Insider Trade Summary
Other: 78.55 shares
Other
1 txn
Insider
Dvorkin Viktar
Role
Chief Deliv Off, EVP, Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | EPAM Common Stock F1 | 78.55 | $95.48 | $7K |
| Holding | EPAM Common Stock | -- | -- | -- |
Holdings After Transaction:
EPAM Common Stock — 44,315.192 shares (Direct);
EPAM Common Stock — 38,124 shares (Indirect, Dvorkin Family Trust)
Holdings Before and After:
EPAM Common Stock, 44,236.642 to 44,315.192 shares (Direct)
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
Common shares acquired: 79 shares
Transaction price: $95.48 per share
Direct common shares held: 44,315 shares
+2 more
5 metrics
Common shares acquired
79 shares
October 31, 2026
Transaction price
$95.48 per share
October 31, 2026
Direct common shares held
44,315 shares
Following the October 31, 2026 transaction
Common shares held indirectly
38,124 shares
Held through the Dvorkin Family Trust
ESPP purchase formula
85% of fair market value
Based on the lesser value on the first or last trading day of the purchase period
Key Terms
Employee Stock Purchase Plan, Section 423, Section 16(b), Rule 16b-3(c)
4 terms
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.
Section 423 regulatory
"tax-qualified employee stock purchase plan under Section 423"
Section 16(b) regulatory
"exempt from Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(c) regulatory
"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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How was the EPAM ESPP purchase price calculated?
The shares were purchased at 85% of fair market value on the first trading day or the last trading day of the purchase period, whichever value was lower. The purchase period ran from May 1, 2026, through October 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
