EPAM Systems (EPAM) director discloses stock gifts and remaining stake

Rhea-AI Filing Summary

EPAM Systems, Inc.12/15/2025. The filing shows two separate transactions coded as gifts, each at a price of $0, meaning the director received no payment for the transferred shares.

After these gifts, the director beneficially owns 4,845 EPAM shares directly and 13,744 EPAM shares indirectly through a trust, indicating the director still holds a meaningful equity interest in the company despite the charitable or personal transfers.

12/29/2025 - 09:35 AM

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^*

Segert Robert E.

(Last) (First) (Middle)

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		G		72(1)	D	$0	4,845	D
EPAM Common Stock	12/15/2025		G		240(1)	D	$0	4,605	D
EPAM Common Stock								13,744	I	By Trust

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. The reported transaction involves a transfer of securities by bona fide gift for which no payment of consideration was received by the reporting person.

Remarks:

	/s/ Kate Pytlewski as Attorney-in-Fact	12/29/2025
	** 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.

FAQ

What insider transaction was reported for EPAM (EPAM)?

A director of EPAM Systems, Inc. filed a Form 4 reporting two transactions coded as bona fide gifts of EPAM common stock on 12/15/2025, with no consideration received.

How many EPAM shares were transferred in the reported gifts?

The Form 4 shows two gift transactions in EPAM common stock on 12/15/2025, one for 72 shares and another for 240 shares, each at a price of $0.

Does the EPAM director still own shares after the gifts?

Yes. Following the reported gifts, the director beneficially owns 4,845 EPAM shares directly and 13,744 shares indirectly through a trust.

What does a gift transaction code G mean for EPAM stock?

Transaction code G indicates a transfer of securities by bona fide gift, and the explanation states that no payment of consideration was received by the reporting person.

Was any money exchanged in the reported EPAM insider transactions?

No. The reported EPAM common stock transfers are described as bona fide gifts, and the Form 4 notes that no payment of consideration was received by the reporting person.

Is this EPAM Form 4 filed for one or multiple reporting persons?

The Form 4 indicates it is filed by one reporting person, who is identified as a director of EPAM Systems, Inc.