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EPAM (EPAM) SVP Viktar Dvorkin awarded 21,695 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dvorkin Viktar reported acquisition or exercise transactions in this Form 4 filing.

EPAM Systems, Inc. senior vice president Viktar Dvorkin received a grant of 21,695 shares of EPAM common stock as a compensation award. These are restricted stock units that vest in three equal installments, with one-third of the shares vesting on each of the first, second, and third anniversaries of the grant date. After this award, Dvorkin directly holds 44,159.091 shares of EPAM common stock. The grant price is recorded as $0.00 per share, reflecting that this is an equity incentive grant rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider Dvorkin Viktar
Role SVP/Global Head Adv Eng
Type Security Shares Price Value
Grant/Award EPAM Common Stock 21,695 $0.00 --
Holdings After Transaction: EPAM Common Stock — 44,159.091 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 21,695 shares Restricted stock units granted on March 31, 2026
Grant price per share $0.00 per share Recorded transaction price for RSU award
Shares held after transaction 44,159.091 shares Total EPAM common stock directly held by Dvorkin after grant
Vesting schedule 1/3 per year over 3 years RSUs vest on first, second, and third anniversaries of grant date
restricted stock units financial
"Represents restricted stock units that are scheduled to vest as to 1/3 of the shares"
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.
vest financial
"scheduled to vest as to 1/3 of the shares on each of the first, second, and third anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant date financial
"third anniversaries 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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
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*
Dvorkin Viktar

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP/Global Head Adv Eng
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
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 Stock03/31/2026A21,695(1)A$044,159.091D
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. Represents restricted stock units that are scheduled to vest as to 1/3 of the shares on each of the first, second, and third anniversaries of the grant date.
Remarks:
/s/ Kate Pytlewski as Attorney-in-Fact04/01/2026
** 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)

FAQ

What insider transaction did EPAM (EPAM) report for Viktar Dvorkin?

EPAM reported that senior vice president Viktar Dvorkin received a grant of 21,695 shares of EPAM common stock as restricted stock units. This is a compensation-related equity award, not an open-market stock purchase or sale.

How many EPAM (EPAM) shares does Viktar Dvorkin hold after this Form 4 transaction?

Following the grant, Viktar Dvorkin directly holds 44,159.091 shares of EPAM common stock. This total includes the newly granted 21,695 restricted stock units, which will vest over time according to the award’s vesting schedule.

Is the EPAM (EPAM) Form 4 transaction a stock purchase or sale?

The Form 4 shows an acquisition coded as “A,” representing a grant or award of 21,695 restricted stock units at $0.00 per share. It is a compensation grant, not an open-market buy or sell transaction in EPAM stock.

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

The 21,695 restricted stock units are scheduled to vest in three equal annual installments. One-third vests on each of the first, second, and third anniversaries of the grant date, subject to the award’s continuing conditions.

Does the EPAM (EPAM) insider grant involve any derivative securities or options?

The filing describes only non-derivative EPAM common stock in the form of restricted stock units. The derivativeSummary section is empty, indicating no reportable options or other derivative security transactions in this specific Form 4.
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