EPAM (EPAM) director DeAnne Aguirre receives 2,132 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aguirre DeAnne reported acquisition or exercise transactions in this Form 4 filing.
EPAM Systems director DeAnne Aguirre received a new equity grant. She was awarded 2,132 restricted stock units of EPAM Common Stock as non-cash compensation under the company’s Non-Employee Director Compensation Policy. These restricted stock units will vest on the first anniversary of the grant date.
After this award, Aguirre holds a total of 5,769 shares of EPAM Common Stock directly, showing her equity stake as a board member. This filing reflects routine director compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aguirre DeAnne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | EPAM Common Stock | 2,132 | $0.00 | -- |
Holdings After Transaction:
EPAM Common Stock — 5,769 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,132 restricted stock units
Grant price: $0.00 per share
Shares after transaction: 5,769 shares
+1 more
4 metrics
RSUs granted
2,132 restricted stock units
Non-Employee Director Compensation Policy award on grant date
Grant price
$0.00 per share
Indicates non-cash equity compensation
Shares after transaction
5,769 shares
Total EPAM Common Stock directly held after award
Vesting schedule
First anniversary of grant date
Vesting timing for restricted stock units
Key Terms
restricted stock units, Non-Employee Director Compensation Policy, vest, grant, award, or other acquisition, +1 more
5 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"
EPAM Common Stock financial
"security_title: EPAM Common Stock"
FAQ
What did EPAM (EPAM) director DeAnne Aguirre report in this Form 4?
DeAnne Aguirre reported receiving 2,132 restricted stock units of EPAM Common Stock as a director compensation award. The grant was recorded at a price of $0.00 per share, indicating non-cash equity compensation rather than an open-market stock purchase.
What type of equity was granted to EPAM (EPAM) director DeAnne Aguirre?
The grant consists of 2,132 restricted stock units of EPAM Common Stock. Restricted stock units are a form of stock-based compensation that convert into shares over time, usually subject to vesting conditions such as service on the board.
When will DeAnne Aguirre’s new EPAM (EPAM) restricted stock units vest?
The 2,132 restricted stock units will vest on the first anniversary of the grant date. Vesting means the units convert into actual shares that the director owns, assuming she continues to meet the applicable service requirements during that period.
Was DeAnne Aguirre’s EPAM (EPAM) grant an open-market stock purchase?
No, the transaction was a grant or award acquisition at $0.00 per share, not an open-market purchase. It reflects standard non-employee director compensation delivered in restricted stock units rather than a discretionary stock buy in the market.