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8-K2026-04-01· glm-5

EPAM · EPAM Systems, Inc.

0001352010-26-000024

SEC filing

Summary

On March 31, 2026, EPAM Systems granted Senior Vice President Viktar Dvorkin a $3 million retention RSU award vesting over three years.

Key takeaways

Full analysis

The Board of Directors approved a retention-focused equity grant for Viktar Dvorkin, Senior Vice President, Global Head of Advanced Engineering, Cloud & Enterprise Platforms. The award, valued at $3,000,000 and comprising 21,695 restricted stock units, was granted under the EPAM Systems, Inc. 2025 Long Term Incentive Plan. The structure features a standard three-year ratable vesting schedule, with one-third of the units vesting annually beginning in March 2027. The agreement includes substantial protection for the executive, providing for full acceleration of unvested units in the event of termination due to death, disability, or qualifying retirement. Additionally, in the event of a qualifying termination under the Company's Executive Severance Plan, the portion of RSUs that would vest within the 12-month period following termination would accelerate. The grant underscores the company's intent to retain key engineering leadership through long-term incentive alignment.