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

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 May 31, 2024, David Mutryn, the Chief Financial Officer of MAXIMUS, reported acquiring 140.834 dividend equivalent rights related to previously-awarded restricted stock units (RSU) and performance share units (PSU).
• These dividend equivalent rights vest proportionately with the RSUs to which they relate and on certain PSUs where the performance criteria have been met.
• Each dividend equivalent right is the economic equivalent of one share of Maximus Common stock.
• Following the transaction, Mutryn directly owns 40,560.31 dividend equivalent rights.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and insider alignment with shareholder interests.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of dividend equivalent rights aligns the CFO's interests with those of shareholders, as the value of these rights is tied to the performance of the company's stock.

Key Dates