secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2026-05-26T20:03:54+00:00
Accession:  0001352010-26-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPAM shareholders approve 4M share increase for 2025 LTIP and 650K for ESPP; charter amended to allow special meetings.
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- Shareholders approved 4,000,000 share increase to 2025 LTIP, raising total pool to 6,500,000 shares.
- Shareholders approved 650,000 share increase to 2021 ESPP, raising total pool to 1,550,000 shares.
- Charter amended to enable stockholders to call special meetings; corresponding bylaw amendments effective May 21, 2026.
- Four Class II directors elected: Balazs Fejes, Eugene Roman, Jill Smart, Ronald Vargo, terms until 2027 annual meeting.
- Advisory say-on-pay passed; non-binding shareholder proposal on special meetings did not pass (management's amendment approved).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201026000034/0001352010-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201026000034/epam-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001352010-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer