EPAM (EPAM) SVP & Chief People Officer reports RSU grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPAM Systems, Inc. senior vice president and Chief People Officer Lawrence F. Solomon reported routine equity compensation activity in EPAM Common Stock. He received a grant of 11,370 restricted stock units, with 25% scheduled to vest on each of March 15, 2027, 2028, 2029, and 2030.
On the same date, a total of 1,581 shares were disposed of at $137.14 per share through tax-withholding transactions, where shares were withheld by the company to satisfy tax obligations arising from RSU vesting, rather than sold in the open market. After these transactions, Solomon directly owns 18,864.091 shares of EPAM Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Solomon Lawrence F
Role
SVP & Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | EPAM Common Stock | 288 | $137.14 | $39K |
| Tax Withholding | EPAM Common Stock | 314 | $137.14 | $43K |
| Tax Withholding | EPAM Common Stock | 312 | $137.14 | $43K |
| Tax Withholding | EPAM Common Stock | 667 | $137.14 | $91K |
| Grant/Award | EPAM Common Stock | 11,370 | $0.00 | -- |
Holdings After Transaction:
EPAM Common Stock — 20,157.091 shares (Direct)
Footnotes (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. 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.
FAQ
What insider transactions did EPAM (EPAM) executive Lawrence F. Solomon report?
Lawrence F. Solomon reported receiving 11,370 restricted stock units of EPAM Common Stock and disposing of 1,581 shares through tax-withholding transactions on March 15, 2026. These events are related to equity compensation, not open-market trading.
What are the vesting terms of Lawrence F. Solomon’s new EPAM (EPAM) restricted stock units?
The 11,370 restricted stock units granted to Lawrence F. Solomon are scheduled to vest in four equal installments. 25% of the shares vest on each of March 15, 2027, 2028, 2029, and 2030, subject to the conditions of EPAM’s Long Term Incentive Plan.
What role does Lawrence F. Solomon hold at EPAM (EPAM) in this Form 4?
In this filing, Lawrence F. Solomon is identified as SVP & Chief People Officer of EPAM Systems, Inc. The reported transactions relate to his equity compensation under EPAM’s Long Term Incentive Plan, including restricted stock units and associated tax withholding.