EPAM Systems, Inc. CEO, President, and Director Balazs Fejes filed a Form 4 on November 3, 2026, disclosing the acquisition of EPAM common stock through the company's 2021 Employee Stock Purchase Plan for the purchase period ending October 31, 2026.

Key Highlights

  • Reporting person: Balazs Fejes, CEO, President, and Director of EPAM Systems, Inc. (NYSE:EPAM)
  • Transaction date: October 31, 2026, covering the ESPP purchase period of May 1, 2026 through October 31, 2026
  • Shares acquired: 44.836 shares of EPAM common stock, coded as transaction type "J" (acquired)
  • Purchase price: $95.48 per share, per the filing
  • Resulting ownership: 48,324.478 shares of EPAM common stock held directly following the transaction
  • Exemption noted: The filing states the transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(c)

ESPP Purchase Details for EPAM CEO Balazs Fejes, October 2026

According to the filing, Balazs Fejes voluntarily reported the acquisition of 44.836 shares of EPAM Systems, Inc. common stock under the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan. The transaction was dated October 31, 2026, the final day of the ESPP purchase period that ran from May 1, 2026 through October 31, 2026. The shares were acquired at a price of $95.48 each. The filing notes the enrollment election was made prior to the commencement of the purchase period.

The filing explains that the ESPP is "a tax-qualified employee stock purchase plan under Section 423 of the Internal Revenue Code." Per the plan terms disclosed in the filing, shares were purchased "at the lesser of (i) 85% of the fair market value of the Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of the Common Stock on the last trading day of the Purchase Period." The filing identifies this transaction with code "J" and characterizes it as an acquisition.

Following the reported transaction, Fejes directly held 48,324.478 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. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Balazs Fejes, CEO, President, and Director of EPAM Systems, Inc. (NYSE:EPAM), disclosed the acquisition of 44.836 shares of company common stock at $95.48 per share via the 2021 ESPP for the period ending October 31, 2026, bringing his direct holdings to 48,324.478 shares.