EPAM: Capital World Investors Holds 13.4% Stake

EPAM Systems reports a Schedule 13G/A showing Capital World Investors beneficially owns 7,020,498 shares.

Rhea-AI Filing Summary

EPAM Systems reports a Schedule 13G/A showing Capital World Investors beneficially owns 7,020,498 shares. The filing states this equals 13.4% of the 52,444,312 shares believed to be outstanding as of the report. The filer discloses sole voting power for 6,994,276 shares and sole dispositive power for 7,020,498 shares.

Insights

Institutional Ownership Analyst

Large passive stake disclosed by Capital World Investors with clear voting and dispositive counts.

Capital World Investors is reported as beneficial owner of 7,020,498 shares, representing 13.4% of the 52,444,312 shares the filing identifies as outstanding. The filing breaks out sole voting power of 6,994,276 shares versus dispositive power of 7,020,498 shares.

The filing is a standard ownership disclosure under Schedule 13G/A and does not state any planned transactions. Subsequent filings would show changes in the position; current cash‑flow treatment or intent is not specified in the excerpt.

Key Figures

Beneficial ownership: 7,020,498 shares Percent of class: 13.4% Shares outstanding (belief): 52,444,312 shares +2 more

5 metrics

Beneficial ownership 7,020,498 shares Reported beneficially owned amount on Schedule 13G/A

Percent of class 13.4% Percent of 52,444,312 shares believed outstanding

Shares outstanding (belief) 52,444,312 shares Shares believed to be outstanding as stated in the filing

Sole voting power 6,994,276 shares Number of shares with sole power to vote

Sole dispositive power 7,020,498 shares Number of shares with sole power to dispose

Key Terms

Schedule 13G/A, beneficially owned, sole dispositive power

3 terms

Schedule 13G/A regulatory

"Amendment No. 2 and Schedule 13G/A filing header"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned financial

"CWI is deemed to be the beneficial owner of 7,020,498 shares"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 7,020,498"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Capital World Investors report in EPAM (EPAM)?

Capital World Investors reports beneficial ownership of 7,020,498 shares, equal to 13.4% of 52,444,312 shares believed outstanding per the filing. The figure is disclosed on the Schedule 13G/A amendment.

How many votes does Capital World Investors control in EPAM?

The filing discloses sole voting power over 6,994,276 shares and shared voting power of 0. Voting and dispositive counts are reported separately on the Schedule 13G/A.

Does the Schedule 13G/A indicate Capital World Investors will sell EPAM shares?

No sale intent or planned transactions are stated in the provided excerpt. The filing lists current beneficial ownership and voting/dispositive powers without describing any planned dispositions.

What entity signed the EPAM 13G/A amendment and when?

The filing is signed by Jae Won Chung, Senior Vice President and Associate General Counsel of Capital Research and Management Company, with a signature date of 05/13/2026 on the amendment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 01:55 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

EPAM Systems, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

29414B104

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 29414B104

1

Names of Reporting Persons

Capital World Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 6,994,276.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 7,020,498.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,020,498.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.4 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: EPAM Systems, Inc.
(b)	Address of issuer's principal executive offices: 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN, PA 18940
Item 2.
(a)	Name of person filing: Capital World Investors
(b)	Address or principal business office or, if none, residence: 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 29414B104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 7,020,498 ** **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 7,020,498 shares or 13.4% of the 52,444,312 shares believed to be outstanding.
(b)	Percent of class: 13.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 6,994,276
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 7,020,498
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital World Investors

Signature:	Jae Won Chung
Name/Title:	Senior Vice President and Associate General Counsel, Capital Research and Management Company
Date:	05/13/2026