EPAM Systems, Inc. SVP and Chief Legal Officer Edward Rockwell filed a Form 4 on November 3, 2026, disclosing an acquisition of EPAM common stock through the company's Employee Stock Purchase Plan on October 31, 2026.

Key Highlights

  • Reporting person: Edward Rockwell, SVP and Chief Legal Officer of EPAM Systems, Inc. (NYSE:EPAM)
  • Shares acquired: 78.55 shares of EPAM Common Stock on October 31, 2026, with transaction code "J"
  • Purchase price: $95.48 per share, via the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (ESPP)
  • Post-transaction ownership: 15,201.192 shares of EPAM Common Stock held directly
  • ESPP purchase period: May 1, 2026 through October 31, 2026
  • Section 16(b) exemption: The filing states the transaction is exempt under Rule 16b-3(c) as a qualified ESPP purchase

EPAM Chief Legal Officer Reports ESPP Share Acquisition for May-October 2026 Purchase Period

According to the Form 4 filing, Edward Rockwell, serving as SVP and Chief Legal Officer of EPAM Systems, Inc., acquired 78.55 shares of EPAM Common Stock on October 31, 2026, at a price of $95.48 per share. The transaction was made through the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan and carries transaction code "J." The filing was signed by Kate Pytlewski as Attorney-in-Fact on November 3, 2026.

The filing's explanation of responses states that the acquisition was made pursuant to the ESPP for the purchase period of May 1, 2026 through October 31, 2026, and that Rockwell's enrollment election was made prior to the commencement of that period. The filing further states that the ESPP is "a tax-qualified employee stock purchase plan under Section 423 of the Internal Revenue Code" and that the transaction "is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(c)."

Per the terms described in the filing, ESPP shares were purchased at the lesser of 85% of the fair market value of the common stock on the first trading day of the purchase period or 85% of the fair market value on the last trading day of the purchase period. Following this transaction, Rockwell's direct beneficial ownership in EPAM Common Stock stands at 15,201.192 shares, according to the filing.

What Was Disclosed

The filing reports a voluntary Form 4 disclosure of an ESPP share purchase by EPAM's Chief Legal Officer. The acquisition of 78.55 shares at $95.48 each on October 31, 2026, resulted in a post-transaction direct holding of 15,201.192 shares.