Lawrence F. Solomon, SVP and Chief People Officer of EPAM Systems, Inc., filed a Form 4 on November 3, 2026, disclosing a voluntary acquisition of EPAM common stock through the company's 2021 Employee Stock Purchase Plan on October 31, 2026.
Key Highlights
- Reporting person: Lawrence F. Solomon, SVP/Chief People Officer of EPAM Systems, Inc. (NYSE:EPAM)
- Transaction date: October 31, 2026, with the filing submitted November 3, 2026
- Shares acquired: 78.55 shares of EPAM Common Stock at a price of $95.48 per share
- Post-transaction ownership: 30,390.192 shares of EPAM Common Stock held directly
- Transaction code: J (other acquisition), voluntarily reported under the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan
- ESPP purchase period: May 1, 2026 through October 31, 2026, with the enrollment election made before the period commenced
- Section 16(b) exemption: The filing states the transaction is exempt pursuant to Rule 16b-3(c) as a tax-qualified ESPP under Section 423 of the Internal Revenue Code
EPAM Chief People Officer Reports ESPP Share Purchase for May-October 2026 Period
According to the Form 4 filing, Lawrence F. Solomon acquired 78.55 shares of EPAM Systems, Inc. common stock on October 31, 2026, at a per-share price of $95.48. The acquisition was made through the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan, covering the purchase period of May 1, 2026 through October 31, 2026. The filing describes this as a voluntary report of the transaction.
The filing notes that the ESPP is "a tax-qualified employee stock purchase plan under Section 423 of the Internal Revenue Code" and that Solomon's "enrollment election was made prior to the commencement of the Purchase Period." Per the plan's terms, 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. The filing states the transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(c).
Following the reported transaction, Solomon directly beneficially owned 30,390.192 shares of EPAM common stock, according to the filing. The Form 4 was signed by Kate Pytlewski as Attorney-in-Fact on November 3, 2026.
What Was Disclosed
Lawrence F. Solomon, SVP/Chief People Officer at EPAM Systems, Inc., reported a voluntary acquisition of 78.55 shares of EPAM common stock at $95.48 per share through the company's 2021 ESPP for the May 1 to October 31, 2026 purchase period, bringing his direct holdings to 30,390.192 shares.





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