EPAM (EPAM) director receives 2,132 restricted stock units as board compensation

Rhea-AI Filing Summary

EPAM Systems, Inc. director Richard Michael Mayoras reported an equity grant in the form of restricted stock units. He acquired 2,132 shares of EPAM common stock at a stated price of $0.00 per share as a compensation-related award, not an open-market purchase or sale.

The award was granted under the EPAM Systems, Inc. Non-Employee Director Compensation Policy and consists of restricted stock units that will vest on the first anniversary of the grant date. Following this award, Mayoras directly holds 12,825 shares of EPAM common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mayoras Richard Michael

Role null

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

Holdings After Transaction: EPAM Common Stock — 12,825 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 2,132 shares Grant price: $0.00 per share Holdings after transaction: 12,825 shares +1 more

4 metrics

Shares granted 2,132 shares Restricted stock unit award of EPAM common stock

Grant price $0.00 per share Compensation-related RSU grant, not a market trade

Holdings after transaction 12,825 shares Total EPAM common stock directly held after the award

Vesting schedule First anniversary of grant date Restricted stock units vest one year after grant

Key Terms

restricted stock units, Non-Employee Director Compensation Policy, grant, award, or other acquisition, Form 4

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."

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Mayoras Richard Michael

(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	12,825	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 Richard Michael Mayoras report?

Richard Michael Mayoras reported receiving 2,132 EPAM common shares as a restricted stock unit award. The grant is compensation, not an open-market trade, and increased his direct holdings to 12,825 shares after the transaction.

Was the EPAM (EPAM) insider transaction a stock purchase or sale?

The transaction was an acquisition through a grant, not a market purchase or sale. Code "A" indicates a grant or award, and the price per share was reported as $0.00 because it is compensation, not a cash transaction.

How many EPAM (EPAM) shares does Richard Michael Mayoras hold after this grant?

After the grant, Richard Michael Mayoras directly holds 12,825 shares of EPAM common stock. This total includes the newly awarded 2,132 restricted stock units reported in the Form 4 insider filing for the grant date.

What are the vesting terms of the new EPAM (EPAM) restricted stock units?

The 2,132 restricted stock units will vest on the first anniversary of the grant date. Until vesting, they remain restricted awards granted under EPAM Systems, Inc.’s Non-Employee Director Compensation Policy for board members.

Under what policy were the EPAM (EPAM) restricted stock units granted to the director?

The restricted stock units were awarded under the EPAM Systems, Inc. Non-Employee Director Compensation Policy. This policy governs equity compensation for non-employee directors, providing grants like these RSUs as part of their overall board compensation.