EPAM (EPAM) VP awarded 1,154 RSUs and uses 168 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EPAM Systems, Inc. executive Gary C. Abrahams, VP, Corporate Controller and PAO, reported routine equity compensation activity in EPAM Common Stock. He received a grant of 1,154 restricted stock units, which are scheduled to vest in four equal installments on March 15 of 2027, 2028, 2029, and 2030.
To cover tax obligations from the vesting of previously granted restricted stock units under the company’s Long Term Incentive Plan, a total of 168 shares of EPAM Common Stock were disposed of through tax withholding at a price of $137.14 per share. These F‑code tax-withholding dispositions are not open‑market sales but shares withheld by the issuer to satisfy tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Abrahams Gary C
Role
VP, Corporate Controller, PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | EPAM Common Stock | 34 | $137.14 | $5K |
| Tax Withholding | EPAM Common Stock | 41 | $137.14 | $6K |
| Tax Withholding | EPAM Common Stock | 41 | $137.14 | $6K |
| Tax Withholding | EPAM Common Stock | 52 | $137.14 | $7K |
| Grant/Award | EPAM Common Stock | 1,154 | $0.00 | -- |
Holdings After Transaction:
EPAM Common Stock — 2,686.091 shares (Direct)
Footnotes (1)
- These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to the reporting person under the Issuer's Long Term Incentive Plan. Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 15, 2027, 2028, 2029, and 2030.
FAQ
What insider transactions did EPAM (EPAM) executive Gary C. Abrahams report?
Gary C. Abrahams reported a grant of 1,154 restricted stock units of EPAM Common Stock and the disposition of 168 shares through tax withholding. The tax-withholding transactions covered obligations from vesting restricted stock units under EPAM’s Long Term Incentive Plan.
What equity award did EPAM (EPAM) grant to Gary C. Abrahams in this Form 4?
EPAM granted Gary C. Abrahams 1,154 restricted stock units of EPAM Common Stock. The award is scheduled to vest in four equal installments of 25% each on March 15 of 2027, 2028, 2029, and 2030, subject to the plan terms.
What is the vesting schedule of Gary C. Abrahams’ new EPAM (EPAM) restricted stock units?
The 1,154 restricted stock units granted to Gary C. Abrahams are scheduled to vest 25% on each of March 15, 2027, 2028, 2029, and 2030. This creates a four-year vesting period under EPAM’s Long Term Incentive Plan.