EPAM (NYSE: EPAM) director Ronald Vargo receives 2,132 restricted stock units

Rhea-AI Filing Summary

Vargo Ronald P reported acquisition or exercise transactions in this Form 4 filing.

EPAM Systems, Inc. director Ronald P. Vargo received an equity grant in the form of 2,132 restricted stock units of EPAM common stock. These units were awarded under the company’s Non-Employee Director Compensation Policy and will vest on the first anniversary of the grant date. Following this award, Vargo directly holds 13,058 shares of EPAM common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vargo Ronald P

Role null

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

Holdings After Transaction: EPAM Common Stock — 13,058 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant: 2,132 restricted stock units Grant price: $0.00 per unit Holdings after transaction: 13,058 shares +1 more

4 metrics

RSU grant 2,132 restricted stock units Awarded to director Ronald P. Vargo

Grant price $0.00 per unit Equity compensation grant, not market purchase

Holdings after transaction 13,058 shares Direct holdings following the RSU grant

Vesting schedule First anniversary of grant date RSU vesting timing for the award

Key Terms

restricted stock units, Non-Employee Director Compensation Policy, vest, Grant, award, or other acquisition

4 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."

vest financial

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

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, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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^*

Vargo Ronald P

(Last) (First) (Middle)

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	13,058	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) director Ronald P. Vargo report?

Ronald P. Vargo reported receiving 2,132 restricted stock units of EPAM common stock. The award is a stock-based compensation grant, not a market purchase or sale, and reflects routine director compensation.

Is the EPAM (EPAM) transaction by Ronald P. Vargo a stock grant or a share purchase?

The transaction is a stock grant of 2,132 restricted stock units at a price of $0.00 per unit. It represents equity compensation awarded under EPAM’s Non-Employee Director Compensation Policy rather than an open-market share purchase.

When will Ronald P. Vargo’s new EPAM (EPAM) restricted stock units vest?

The 2,132 restricted stock units awarded to Ronald P. Vargo will vest on the first anniversary of the grant date. Vesting means the units convert into shares he fully owns if he continues to meet the policy conditions.

How many EPAM (EPAM) shares does Ronald P. Vargo hold after this grant?

After the equity grant, Ronald P. Vargo directly holds 13,058 shares of EPAM common stock. This figure includes the newly awarded restricted stock units reported in the transaction summary for this Form 4 filing.

What policy governs Ronald P. Vargo’s EPAM (EPAM) restricted stock unit award?

The restricted stock unit award to Ronald P. Vargo was granted under the EPAM Systems, Inc. Non-Employee Director Compensation Policy. This policy defines how non-employee directors are compensated with equity-based awards such as restricted stock units.