Fejes Balazs 4

What Happened Fejes Balazs, CEO, President and Director of EPAM Systems (EPAM), acquired 77.551 shares of EPAM common stock on April 30, 2026. The shares were purchased at $96.71 per share for a total cash outlay of $7,500. This was a purchase under EPAM’s 2021 Employee Stock Purchase Plan (ESPP), a routine employee benefit that lets participants buy stock at a discount.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-04 (timely within two business days).
• Transaction type/code: P = Purchase (ESPP).
• Price and amount: 77.551 shares at $96.71 per share; total value reported $7,500.
• Footnote: Reported voluntarily; shares purchased under the ESPP purchase period Nov 1, 2025–Apr 30, 2026. ESPP price is the lesser of 85% of the fair market value on the first or last trading day of the period. The transaction is described as exempt from Rule 16b-3(c).
• Shares owned after the transaction: Not specified in the provided filing details.

Context Purchases via an ESPP are common compensation-related transactions and reflect participation in the company’s employee benefit plan rather than an open-market investment decision. Such purchases are typically done at a discount (here, 85% of applicable market value) and are often routine for insiders who participate in the ESPP. This filing does not indicate any sale or exercise of options.