EPAM Systems Reports Director, Officer, and Compensation Changes

Ticker: EPAM · Form: 8-K · Filed: 2025-09-02T00:00:00.000Z

Sentiment: neutral

Topics: governance, officer-changes, board-changes

TL;DR

EPAM's board and execs are changing, with new comp plans filed.

AI Summary

EPAM Systems, Inc. filed an 8-K on August 27, 2025, reporting changes in its board of directors and certain officers, along with updates to compensatory arrangements. The filing also includes amendments to its articles of incorporation or bylaws and financial statements and exhibits.

Why It Matters

Changes in a company's board and executive compensation can signal shifts in strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in directorships and officer appointments, especially when coupled with compensatory arrangement updates, can indicate internal shifts that may affect business operations and strategy.

Key Players & Entities

FAQ

What specific changes were made to the board of directors or certain officers?

The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not detail the specific individuals or roles affected in the provided text.

What kind of compensatory arrangements were updated?

The filing mentions updates to 'Compensatory Arrangements of Certain Officers' but does not specify the nature or details of these arrangements in the provided text.

Were there any amendments to EPAM Systems, Inc.'s articles of incorporation or bylaws?

Yes, the filing explicitly lists 'Amendments to Articles of Incorporation or Bylaws' as an item of information.

What financial statements or exhibits are included with this filing?

The filing states that 'Financial Statements and Exhibits' are included, but the specific content is not detailed in the provided text.

What is the principal business address of EPAM Systems, Inc.?

The principal executive offices are located at 41 University Drive, Suite 202, Newtown, Pennsylvania 18940.

From the Filing

0001352010-25-000044.txt : 20250902 0001352010-25-000044.hdr.sgml : 20250902 20250902160230 ACCESSION NUMBER: 0001352010-25-000044 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20250827 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250902 DATE AS OF CHANGE: 20250902 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 EIN: 223536104 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35418 FILM NUMBER: 251285154 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 8-K 1 epam-20250827.htm 8-K epam-20250827 0001352010 false 12/31 0001352010 2025-08-27 2025-08-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of   the Securities Exchange Act of 1934 Date of report (Date of earliest event reported):   August 27, 2025 EPAM SYSTEMS, INC. (Exact name of registrant   as specified in its charter) Delaware 1-35418 22-3536104 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 41 University Drive Suite 202 18940 Newtown Pennsylvania (Address of principal executive offices) (Zip Code) 267 - 759-9000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on which Registered Common Stock, par value $0.001 per share EPAM New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 27, 2025, the Board of Directors (the “Board”) of EPAM Systems, Inc. (the “Company”) approved certain actions relating to the CEO transition initially announced by the Company on May 8, 2025. Effective September 1, 2025, the Board appointed Arkadiy Dobkin as Executive Chairman while he continues his ser

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