EPAM Systems DEF 14A: Executive Compensation & Equity Awards
Ticker: EPAM · Form: DEF 14A · Filed: 2024-04-16T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards, governance
Related Tickers: EPAM
TL;DR
EPAM's DEF 14A is out, detailing exec pay and equity awards for 2023. Focus on PEO/Non-PEO award values.
AI Summary
EPAM Systems, Inc. filed a DEF 14A on April 16, 2024, detailing executive compensation and corporate governance matters for the fiscal year ending December 31, 2023. The filing includes information on equity awards granted to both PEO (Principal Executive Officer) and Non-PEO Neo members, with specific data points on the year-end value of unvested equity awards and changes in value for awards granted in prior years.
Why It Matters
This filing provides transparency into how EPAM Systems compensates its top executives and the structure of their equity awards, which can influence company strategy and shareholder value.
Risk Assessment
Risk Level: medium — DEF 14A filings, while routine, can reveal changes in executive compensation or governance that might signal shifts in company strategy or potential shareholder concerns.
Key Numbers
- 2023 — Fiscal Year (The period for which compensation and equity award data is reported.)
- 2020-01-01 to 2020-12-31 — Reporting Period for Equity Awards (Specific date range mentioned for equity award value calculations.)
Key Players & Entities
- EPAM Systems, Inc. (company) — Filer of the DEF 14A
- 20240416 (date) — Filing date
- 2023-12-31 (date) — Fiscal year end
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an upcoming annual meeting and provides detailed information on executive compensation, director nominations, and other corporate governance matters.
What specific types of equity awards are detailed in this filing for EPAM Systems?
The filing details equity award values for PEO (Principal Executive Officer) and Non-PEO Neo members, including the year-end value of unvested equity awards granted in the year and changes in value of equity awards granted in prior years.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on April 16, 2024.
What fiscal year does the reported compensation information primarily cover?
The reported compensation information primarily covers the fiscal year ending December 31, 2023.
What is the Central Index Key (CIK) for EPAM Systems?
The Central Index Key (CIK) for EPAM Systems is 0001352010.
From the Filing
0001193125-24-097726.txt : 20240416 0001193125-24-097726.hdr.sgml : 20240416 20240416160554 ACCESSION NUMBER: 0001193125-24-097726 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 79 CONFORMED PERIOD OF REPORT: 20240531 FILED AS OF DATE: 20240416 DATE AS OF CHANGE: 20240416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EPAM Systems, Inc. CENTRAL INDEX KEY: 0001352010 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology IRS NUMBER: 223536104 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35418 FILM NUMBER: 24847837 BUSINESS ADDRESS: STREET 1: 41 UNIVERSITY DRIVE STREET 2: SUITE 202 CITY: NEWTOWN STATE: PA ZIP: 18940 BUSINESS PHONE: (267) 759-9000 MAIL ADDRESS: STREET 1: 41 UNIVERSITY DRIVE STREET 2: SUITE 202 CITY: NEWTOWN STATE: PA ZIP: 18940 FORMER COMPANY: FORMER CONFORMED NAME: EPAM SYSTEMS INC DATE OF NAME CHANGE: 20060202 DEF 14A 1 d636293ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001352010 0001352010 2023-01-01 2023-12-31 0001352010 2022-01-01 2022-12-31 0001352010 2020-01-01 2020-12-31 0001352010 2021-01-01 2021-12-31 0001352010 epam:EquityAwardValuesInSctMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001352010 epam:YearEndValueOfUnvestedEquityAwardsGrantedInTheYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:PeoMember 2020-01-01 2020-12-31 0001352010 epam:ChangeInValueOfEquityAwardsGrantedInPriorYearsWhichVestedInTheYearMember ecd:PeoMember 2020-01-01 2020-12-31 0001352010 epam:EquityAwardValuesInSctMember ecd:PeoMember 2020-01-01 2020-12-31 0001352010 epam:YearEndValueOfUnvestedEquityAwardsGrantedInTheYearMember ecd:PeoMember 2020-01-01 2020-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001352010 epam:ChangeInValueOfEquityAwardsGrantedInPriorYearsWhichVestedInTheYearMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001352010 epam:EquityAwardValuesInSctMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:PeoMember 2021-01-01 2021-12-31 0001352010 epam:ChangeInValueOfEquityAwardsGrantedInPriorYearsWhichVestedInTheYearMember ecd:PeoMember 2021-01-01 2021-12-31 0001352010 epam:EquityAwardValuesInSctMember ecd:PeoMember 2021-01-01 2021-12-31 0001352010 epam:YearEndValueOfUnvestedEquityAwardsGrantedInTheYearMember ecd:PeoMember 2021-01-01 2021-12-31 0001352010 epam:YearEndValueOfUnvestedEquityAwardsGrantedInTheYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001352010 epam:ChangeInValueOfEquityAwardsGrantedInPriorYearsWhichVestedInTheYearMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001352010 epam:EquityAwardValuesInSctMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:PeoMember 2022-01-01 2022-12-31 0001352010 epam:ChangeInValueOfEquityAwardsGrantedInPriorYearsWhichVestedInTheYearMember ecd:PeoMember 2022-01-01 2022-12-31 0001352010 epam:EquityAwardValuesInSctMember ecd:PeoMember 2022-01-01 2022-12-31 0001352010 epam:YearEndValueOfUnvestedEquityAwardsGrantedInTheYearMember ecd:PeoMember 2022-01-01 2022-12-31 0001352010 epam:YearEndValueOfUnvestedEquityAwardsGrantedInTheYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001352010 epam:ChangeInValueOfEquityAwardsGrantedInPriorYearsWhichVestedInTheYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0001352010 epam:ChangeInValueOfUnvestedEquityAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001352010 epam:ChangeInValueOfEquity