Epam Sys Inc SEC Filings

EPAM Systems (EPAM) insider transaction: A company officer reported a sale of EPAM common stock. On 10/21/2025, the SVP/Co-Head of Global Business disposed of 1,511 shares in open-market transactions at a weighted average price of $150.27. The sales occurred across multiple trades within a price range of $150.00 to $151.36. The filing notes that detailed trade-by-trade pricing within this range is available upon request. Ownership is reported as direct, and the filing was made by one reporting person.

EPAM Systems (EPAM)10,079 shares of common stock on 10/02/2025 at a $150.86 weighted average price, with trades ranging from $150.32 to $151.34. Following the sale, the reporting person directly beneficially owned 1,657.23 shares.

The amendment corrects the post-transaction holdings to reflect shares forfeited on August 29, 2025. The officer’s role is listed as SVP/Co-Head of Global Business.

EPAM Systems (EPAM) insider filing: An officer reported amended transactions. On 04/30/2025, 56.23 shares of common stock were acquired under the 2021 Employee Stock Purchase Plan at $133.37. On 08/29/2025, 1,178 shares were withheld to cover taxes from RSU vesting at $174.18. Also on 08/29/2025, 4,695 shares were forfeited without payment in connection with the officer’s separation. Following these transactions, directly held shares were 11,736.23.

EPAM Systems (EPAM) received a Form 144 notice for a proposed sale of 1,511 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $227,064.01. The filing lists an approximate sale date of 10/21/2025 on the NYSE.

The shares were acquired via restricted stock vesting under a registered plan on 08/29/2025 (1,471 shares) and 04/30/2024 (40 shares). The notice also reports a prior sale in the last three months of 10,079 shares on 10/02/2025 for $1,520,533.08.

EPAM Systems announced that its Board of Directors approved a common stock repurchase program authorizing the company to buy back up to $1 billion of EPAM Systems, Inc. common stock. The announcement was made via press release on October 21, 2025, which is included as Exhibit 99.1.

A repurchase authorization permits the company to acquire shares in the market or otherwise, reducing the public float when executed. The filing does not provide further terms beyond the authorization and timing will depend on future decisions and conditions.

EPAM Systems, Inc. has entered into a new amended and restated credit agreement providing a five-year $700 million revolving credit facility. The agreement, led by PNC Bank as administrative agent, can be increased to up to $1.2 billion if lenders agree and conditions are met, giving EPAM flexible borrowing capacity. Borrowings can be made in U.S. dollars and, up to $250 million, in several major foreign currencies, with interest based on SOFR plus a margin tied to EPAM’s leverage ratio.

The facility includes customary covenants and events of default, including leverage limits generally capping the company’s leverage ratio at 3.50 to 1.00, which may rise to 4.00 to 1.00 in certain cases. It also restricts additional debt, guarantees, asset sales, investments, and M&A activity above set thresholds. This 2025 Revolving Facility and Credit Agreement replace EPAM’s prior 2021 credit facility.

EPAM Systems, Inc. filed a Form 144 reporting a proposed sale of 10,079 common shares through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $1,520,533.06. The filing lists the intended sale date as 10/02/2025 on the NYSE and shows 55,696,909 shares outstanding for the class. The shares to be sold were originally acquired through multiple grants of restricted stock that vested on specific dates between 02/02/2021 and 03/15/2025, with individual lots listed and the nature of payment noted as Services Rendered. The filer certifies no undisclosed material adverse information and indicates there were no securities sold by the account holder in the past three months.

Sergey Yezhkov, SVP/Co-Head of Global Business at EPAM Systems (EPAM), reports routine insider transactions. He purchased shares under EPAM's 2021 Employee Stock Purchase Plan for the November 1, 2024–April 30, 2025 purchase period at a reported per‑share price of $133.37, increasing his beneficial ownership to approximately 17,609.23 shares. The filing also shows 1,178 shares were withheld by the issuer to satisfy tax withholding on vested restricted stock units at an implied value of $174.18 per share, reducing his reported beneficial ownership to 16,431.23 shares. The ESPP purchase is reported as eligible for the Rule 10b5‑1 affirmative defense and is exempt from Rule 16b‑3(c).

Fejes Balazs, who is listed as CEO, President and a Director of EPAM Systems, acquired 4,112 shares via restricted stock units on 09/01/2025 at a reported price of $0. After the grant, he beneficially owns 24,752 shares of EPAM common stock. The restricted stock units vest in four equal installments: 25% on each September 1 of 2026, 2027, 2028 and 2029. The Form 4 was executed on behalf of the reporting person by an attorney-in-fact, Kate Pytlewski, on 09/02/2025. No derivative transactions are reported on this form.