Shekhter Elaina 4
4 · EPAM Systems, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
EPAM SVP Elaina Shekhter Receives RSUs; Shares Withheld for Taxes
What Happened
Elaina Shekhter, SVP & Chief Strategy Officer of EPAM Systems (EPAM), was granted 8,221 restricted stock units (RSUs) on 2026-03-15 (acquired at $0.00). To cover tax withholding arising from the vesting event, the issuer withheld 763 shares (129 + 154 + 153 + 327) at $137.14 per share, totaling $104,638. These withheld shares are recorded as disposals for tax-withholding purposes, not open-market sales.
Key Details
- Transaction date: 2026-03-15 (reported on Form 4 filed 2026-03-17) — filing appears timely.
- Withheld shares: 763 shares at $137.14 each; total value withheld = $104,638.
- Award: 8,221 RSUs granted/acquired at $0.00.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 — shares were withheld by the issuer to satisfy tax withholding on vesting; F2 — the RSUs are scheduled to vest 25% each March 15 in 2027, 2028, 2029, and 2030.
Context: These transactions reflect compensation vesting and routine tax withholding (a common non-sale disposition). RSU grants and withholding do not necessarily indicate the insider is buying or selling for investment reasons.
Insider Transaction Report
- Tax Payment
EPAM Common Stock
[F1]2026-03-15$137.14/sh−129$17,691→ 13,554.488 total - Tax Payment
EPAM Common Stock
[F1]2026-03-15$137.14/sh−154$21,120→ 13,400.488 total - Tax Payment
EPAM Common Stock
[F1]2026-03-15$137.14/sh−153$20,982→ 13,247.488 total - Tax Payment
EPAM Common Stock
[F1]2026-03-15$137.14/sh−327$44,845→ 12,920.488 total - Award
EPAM Common Stock
[F2]2026-03-15+8,221→ 21,141.488 total
Footnotes (2)
- [F1]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.
- [F2]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.