EPAM Systems controller Gary Abrahams acquires 79 shares
The employee stock purchase plan price was based on 85% of the lower fair market value on the first or last trading day of the purchase period.
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Rhea-AI Filing Summary
EPAM Systems, Inc. VP, Corporate Controller, PAO Gary C. Abrahams acquired 79 shares of common stock through the employee stock purchase plan on October 31, 2026, at $95.48 per share. The plan price was the lesser of 85% of fair market value on the first trading day or 85% on the last trading day of the purchase period, which ran from May 1 through October 31, 2026. He directly held 3,862 shares after the transaction; no Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | EPAM Common Stock F1 | 78.55 | $95.48 | $7K |
Footnotes (1)
- F1. The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the purchase period of May 1, 2026 through October 31, 2026 (the "Purchase Period"). The ESPP is a tax-qualified employee stock purchase plan under Section 423 of the Internal Revenue Code, and the reporting person's enrollment election was made prior to the commencement of the Purchase Period. Accordingly, this transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(c). Per the ESPP, shares were purchased at the lesser of (i) 85% of the fair market value of the Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of the Common Stock on the last trading day of the Purchase Period.
Key Figures
Key Terms
Employee Stock Purchase Plan financial
Section 423 regulatory
Rule 16b-3(c) regulatory
FAQ
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How was the EPAM employee stock purchase plan price set?
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