Form 4: MAXIMUS CFO David Mutryn Reports Accrual of Dividend Equivalent Rights

MAXIMUS, Inc.'s Chief Financial Officer, David Mutryn, reported the acquisition of 216.04 dividend equivalent rights, increasing his beneficial ownership of derivative securities to 52,432.878.

Summary

• David Mutryn, Chief Financial Officer of MAXIMUS, INC. (MMS), reported a transaction on May 31, 2025, involving the acquisition of derivative securities.
• The transaction details the accrual of 216.04 Dividend Equivalent Rights (DERs).
• These DERs accrued on previously-awarded restricted stock units (RSUs) and performance share units (PSUs) where the performance criteria for such PSUs have been met.
• Each dividend equivalent right is the economic equivalent of one share of Maximus Common Stock.
• Following this reported transaction, Mr. Mutryn's beneficial ownership of derivative securities stands at 52,432.878.

Sentiment

Score: 7

Explanation: The accrual of dividend equivalent rights, particularly those tied to performance share units where criteria have been met, generally indicates positive company performance and executive confidence, which is a moderately positive signal for investors.

Positives

• The accrual of Dividend Equivalent Rights tied to Performance Share Units indicates that the performance criteria for these units have been successfully met, suggesting positive operational or financial performance by the company.
• An increase in beneficial ownership by a key executive like the Chief Financial Officer can be interpreted as a sign of confidence in the company's future prospects and alignment with shareholder interests.

Future Outlook

N/A. This Form 4 reports a past insider transaction and does not provide forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

N/A. This filing pertains to an individual insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: May view the increase in executive beneficial ownership, particularly through performance-based awards, as a positive indicator of management's alignment with shareholder interests and confidence in the company's performance.

Key Dates

Keywords

MAXIMUS, MMS, David Mutryn, Chief Financial Officer, CFO, Dividend Equivalent Rights, DERs, Restricted Stock Units, RSUs, Performance Share Units, PSUs, Insider Transaction, SEC Form 4, Beneficial Ownership