EPAM (NYSE: EPAM) director Karl Robb receives 2,132 restricted stock units award

Rhea-AI Filing Summary

Robb Karl reported acquisition or exercise transactions in this Form 4 filing.

EPAM Systems, Inc. reported that director Karl Robb received an equity award in the form of 2,132 restricted stock units of EPAM common stock. The award was granted under the company’s Non-Employee Director Compensation Policy and will vest on the first anniversary of the grant date.

After this grant, Robb holds 9,871 shares of EPAM common stock directly. This is a compensation-related award at no cash cost to the director, rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Robb Karl

Role null

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

Holdings After Transaction: EPAM Common Stock — 9,871 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 2,132 shares Post-transaction holdings: 9,871 shares Grant price per share: $0.00 per share

3 metrics

RSU grant size 2,132 shares Restricted stock units awarded to Karl Robb

Post-transaction holdings 9,871 shares EPAM common stock held directly after grant

Grant price per share $0.00 per share Compensation-related RSU award, not a market purchase

Key Terms

restricted stock units, Non-Employee Director Compensation Policy, grant date

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

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

grant date financial

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

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

Form 4 Insider Transactions: What Each Field Means →

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^*

Robb Karl

(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	9,871	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)

FAQ

What insider transaction did EPAM (EPAM) report for Karl Robb?

EPAM reported that director Karl Robb received a grant of 2,132 restricted stock units of EPAM common stock. This is a compensation-related award, not an open-market trade, and reflects part of his non-employee director remuneration.

How many EPAM (EPAM) shares does Karl Robb hold after this Form 4?

After the reported grant, Karl Robb holds 9,871 shares of EPAM common stock directly. This figure includes the newly awarded restricted stock units and provides context for the size of his overall equity position at the company.

What are the vesting terms of Karl Robb’s EPAM restricted stock units?

The 2,132 restricted stock units awarded to Karl Robb will vest on the first anniversary of the grant date. This time-based vesting schedule aligns his compensation with continued board service as a non-employee director of EPAM Systems, Inc.

Was Karl Robb’s EPAM Form 4 transaction a stock purchase or sale?

The Form 4 shows an acquisition coded as a grant or award, not a market buy or sell. Robb received 2,132 restricted stock units at a price of $0.00 per share as part of EPAM’s Non-Employee Director Compensation Policy.

Under what policy were Karl Robb’s EPAM restricted stock units granted?

The restricted stock units were granted under the EPAM Systems, Inc. Non-Employee Director Compensation Policy. This policy governs equity awards to outside directors and helps align their interests with shareholders through stock-based compensation.