Form 4: MAXIMUS CFO David Mutryn Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
David Mutryn, CFO of MAXIMUS, reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.
Summary
- On August 30, 2024, David Mutryn, the Chief Financial Officer of MAXIMUS, reported acquiring 131.888 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and performance share units (PSUs).
- Each dividend equivalent right represents the economic equivalent of one share of MAXIMUS common stock.
- Following this transaction, Mutryn directly owns 40,692.195 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and holdings, providing transparency to investors regarding the alignment of management's interests with those of shareholders.
Stakeholder Impact
- The acquisition of dividend equivalent rights aligns the CFO's interests with those of shareholders by linking compensation to the company's performance.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 09/03/2024 | Date of signature on the Form 4 filing. |
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