Form 4: MAXIMUS CFO David Mutryn Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
David Mutryn, CFO of MAXIMUS, INC., reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.
Summary
- On February 29, 2024, David Mutryn, the Chief Financial Officer of MAXIMUS, INC., reported acquiring 144.425 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 the transaction, Mutryn directly owns 40,419.473 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding the acquisition of dividend equivalent rights, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's continued stake in the company's performance through equity-based compensation.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a key executive signals continued alignment of interests between management and shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/04/2024 | Date of signature for the Form 4 filing |
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