Abrahams Gary C 4
4 · EPAM Systems, Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
EPAM VP/Corporate Controller Gary Abrahams Buys Shares via ESPP
What Happened
Gary Abrahams, VP and Corporate Controller (Principal Accounting Officer) of EPAM Systems, purchased 77.551 shares of EPAM common stock on April 30, 2026 at $96.71 per share, a total acquisition of approximately $7,500. The transaction is reported as a purchase (code P) and was made under EPAM’s Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date and price: 2026-04-30; 77.551 shares at $96.71 each (total ≈ $7,500).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Reporting person voluntarily reported an ESPP purchase for the Nov 1, 2025–Apr 30, 2026 purchase period. Shares were bought at the lesser of 85% of the fair market value on the first or last trading day of the period. The transaction is exempt from Rule 16b-3(c).
- Filing timeliness: Form filed 2026-05-04 (within the two-business-day Form 4 reporting window for an April 30 transaction).
Context
This was an ESPP purchase — a routine way employees buy company stock at a discount (here, 85% of start/end-period price). Such purchases are common compensation/savings activity and are factual signals of an insider buying, but they often reflect scheduled plan participation rather than discretionary market timing.
Insider Transaction Report
- Purchase
EPAM Common Stock
[F1]2026-04-30$96.71/sh+77.551$7,500→ 3,783.642 total
Footnotes (1)
- [F1]The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 1, 2025 through April 30, 2026 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.