EPAM Systems Inc
For the period ended Mar 31, 2025. Filed May 8, 2025.
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Mar 31, 2025 · Filed May 8, 2025
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Item 5. Other Information
Insider Adoption or Termination of Trading Arrangements:
On March 14, 2025, Jason Peterson, Senior Vice President, Treasurer, and Chief Financial Officer, adopted a trading arrangement for the sale of securities of the Company’s common stock that is intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) (a “Rule 10b5-1 Trading Plan”). Mr. Peterson’s Rule 10b5-1 Trading Plan expires on June 30, 2026 and provides for the sale of up to 4,200 shares of common stock according to the terms of his Rule 10b5-1 Trading Plan.
On March 7, 2025, Balazs Fejes, President of Global Business and Chief Revenue Officer, adopted a Rule 10b5-1 Trading Plan. Mr. Fejes’ Rule 10b5-1 Trading Plan expires on March 31, 2026 and provides for the sale of up to 18,819 shares of common stock underlying stock options and the sale of up to 6,033 shares of common stock (net of shares withheld by the Company to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to Mr. Fejes) according to the terms of his Rule 10b5-1 Trading Plan.
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