EPAM (NYSE: EPAM) SVP granted 11,370 RSUs with 1,217 shares withheld for tax

Rhea-AI Filing Summary

EPAM Systems, Inc. senior vice president Viktar Dvorkin reported compensation-related equity activity in EPAM Common Stock. On March 15, 2026, he received an award of 11,370 restricted stock units, which are scheduled to vest 25% on each of March 15, 2027, 2028, 2029 and 2030. On the same date, a total of 1,217 shares were withheld by EPAM at $137.14 per share to satisfy tax withholding obligations from the vesting of previously granted restricted stock units. Following these transactions, Dvorkin directly holds 11,094.091 shares of EPAM Common Stock.

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

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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^*

Dvorkin Viktar

(Last) (First) (Middle)

C/O EPAM SYSTEMS, INC.

41 UNIVERSITY DRIVE, SUITE 202

(Street)

NEWTOWN PA 18940

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EPAM Systems, Inc. [ EPAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP/Head of Global Delivery

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/15/2026		F		228(1)	D	$137.14	12,083.091	D
EPAM Common Stock	03/15/2026		F		240(1)	D	$137.14	11,843.091	D
EPAM Common Stock	03/15/2026		F		239(1)	D	$137.14	11,604.091	D
EPAM Common Stock	03/15/2026		F		510(1)	D	$137.14	11,094.091	D
EPAM Common Stock	03/15/2026		A		11,370(2)	A	$0	22,464.091	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. These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to the reporting person under the Issuer's Long Term Incentive Plan.

2. Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 15, 2027, 2028, 2029, and 2030.

Remarks:

	/s/ Kate Pytlewski as Attorney-in-Fact	03/17/2026
	** 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).
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FAQ

What insider transactions did EPAM (EPAM) executive Viktar Dvorkin report?

Viktar Dvorkin reported an award of 11,370 restricted stock units and tax-related dispositions totaling 1,217 shares of EPAM Common Stock on March 15, 2026. These were compensation and tax-withholding events, not open-market purchases or sales.

How many EPAM (EPAM) shares were withheld for taxes from Dvorkin’s award?

EPAM withheld 1,217 shares from Viktar Dvorkin at $137.14 per share to cover tax obligations tied to restricted stock units vesting. The filing describes these as tax-withholding dispositions, not discretionary open-market sales.

What is the vesting schedule for Dvorkin’s new EPAM (EPAM) restricted stock units?

The 11,370 restricted stock units are scheduled to vest in four equal installments of 25% on March 15, 2027, 2028, 2029, and 2030. This creates a multi-year incentive alignment under EPAM’s Long Term Incentive Plan.

How many EPAM (EPAM) shares does Viktar Dvorkin hold after these transactions?

After the reported award and tax-withholding dispositions, Viktar Dvorkin directly holds 11,094.091 shares of EPAM Common Stock. This figure reflects his position immediately following the March 15, 2026 transactions disclosed in the Form 4.

Were Dvorkin’s recent EPAM (EPAM) transactions open-market buys or sells?

No. The filing shows a grant of restricted stock units and Form F tax-withholding dispositions at $137.14 per share. These actions relate to compensation and taxes, not discretionary open-market trading activity.