Peterson Jason D. 4
Research Summary
AI-generated summary
EPAM (EPAM) CFO Jason D. Peterson Buys Shares via ESPP
What Happened
- Jason D. Peterson, Chief Financial Officer of EPAM Systems (EPAM), acquired 77.551 shares of EPAM common stock on April 30, 2026 at $96.71 per share, for a total reported cost of $7,500. This was a purchase (code P) made under EPAM's 2021 Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date: April 30, 2026; filing date: May 4, 2026 (filed timely within Form 4 reporting window).
- Price: $96.71 per share; Shares acquired: 77.551; Total value: $7,500.
- Acquisition method: ESPP purchase for the purchase period Nov 1, 2025 – Apr 30, 2026; shares purchased at the lesser of 85% of the fair market value on the first or last trading day of the period.
- Footnote: The reporting person voluntarily reported the ESPP purchase; transaction is exempt under Rule 16b-3(c).
- Shares owned after the transaction: not stated in the filing.
Context
- ESPP purchases are typically recurring payroll-based purchases made at a discount and are often routine participation in a company plan rather than a discrete market-timing trade. This small, discounted purchase represents insider participation but is not, by itself, a strong signal of a change in outlook.