Jason D. Peterson - 18 Dec 2023 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role: Chief Financial Officer
Signature: /s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol: EPAM
Transactions as of: 18 Dec 2023
Transactions value $: -$270,000
Form type: 4
Filing time: 19 Dec 2023, 17:07:14 UTC
Previous filing: 15 Dec 2023
Next filing: 09 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPAM	EPAM Common Stock	Sale	-$270K	-900	-3.68%	$300.00	23.6K	18 Dec 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.