EPAM SVP receives RSUs, shares withheld for taxes
EPAM Systems, Inc. senior vice president and Chief People Officer Lawrence F. Solomon reported routine equity compensation activity in EPAM Common Stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | EPAM Common Stock | 288 | $137.14 | $39K |
| Exercise Price or Tax Liability | EPAM Common Stock | 314 | $137.14 | $43K |
| Exercise Price or Tax Liability | EPAM Common Stock | 312 | $137.14 | $43K |
| Exercise Price or Tax Liability | EPAM Common Stock | 667 | $137.14 | $91K |
| Grant/Award | EPAM Common Stock | 11,370 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What insider transactions did EPAM (EPAM) executive Lawrence F. Solomon report?
What are the vesting terms of Lawrence F. Solomon’s new EPAM (EPAM) restricted stock units?
What role does Lawrence F. Solomon hold at EPAM (EPAM) in this Form 4?
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