Form 4: MAXIMUS CFO David Mutryn Acquires 11,231 Restricted Stock Units

MAXIMUS Chief Financial Officer David Mutryn was granted 11,231 restricted stock units (RSUs) on November 25, 2024, which vest over a three-year period.

Summary

• David Mutryn, the Chief Financial Officer of MAXIMUS, Inc., acquired 11,231 restricted stock units (RSUs) on November 25, 2024.
• These RSUs represent a contingent right to receive one share of common stock each.
• The RSUs vest ratably over three years, specifically on September 30, 2025, September 30, 2026, and September 30, 2027.
• The vesting schedule is subject to deferred vesting if elected by the individual.
• Mr. Mutryn also holds RSUs for an additional 8,430.185 shares with varying vesting schedules.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation event, which is generally positive for aligning management with shareholder interests. There are no negative implications.

Positives

• The grant of RSUs to the CFO aligns his interests with the long-term performance of the company.
• The vesting schedule encourages long-term commitment from the CFO.

Industry Context

This is a standard practice for executive compensation in publicly traded companies, aligning management's interests with shareholder value through equity-based awards.

Comparison to Industry Standards

• Granting restricted stock units to key executives is a common practice among publicly traded companies, including those in the technology and government services sectors, such as Leidos, Booz Allen Hamilton, and General Dynamics.
• The vesting schedule of three years is also typical, designed to incentivize long-term performance and retention.
• The number of RSUs granted is likely based on the executive's role, performance, and the company's overall compensation strategy, which is consistent with industry norms.

Stakeholder Impact

• The RSU grant aligns the CFO's interests with shareholders, potentially leading to better long-term performance.
• Employees may view this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

MAXIMUS, Restricted Stock Units, RSU, David Mutryn, CFO, Stock Grant, Vesting, Equity Compensation