Boris Shnayder - 22 May 2025 Form 4 Insider Report for EPAM Systems, Inc. (EPAM)

Role: SVP/Co-Head of Global Business
Signature: /s/ Kate Pytlewski as Attorney-in-Fact
Issuer symbol: EPAM
Transactions as of: 22 May 2025
Net transactions value: -$1,153,530
Form type: 4
Filing time: 22 May 2025, 15:58:48 UTC
Previous filing: 10 Nov 2025
Next filing: 11 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Shnayder Boris	SVP/Co-Head of Global Business	C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN	/s/ Kate Pytlewski as Attorney-in-Fact	22 May 2025	0001684907

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPAM	EPAM Common Stock	Options Exercise	$778,155	+10,500	+68%	$74.11	26,034	22 May 2025	Direct
transaction	EPAM	EPAM Common Stock	Sale	$1,931,685	-10,500	-40%	$183.97	15,534	22 May 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EPAM	Employee Stock Option (right to buy)	Options Exercise	$0	-10,500	-100%	$0.000000	0	22 May 2025	EPAM Common Stock	10,500	$74.11	Direct

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.78 to $184.30, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.78 to $184.30, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.