Form 4: MAXIMUS Chief Legal Officer Reports Stock Transaction
SEC Form 4 Filing
John Thomas Martinez, Chief Legal Officer of MAXIMUS, INC., reports the disposition of shares to cover withholding tax obligations related to vesting restricted stock units.
Summary
- On September 30, 2024, John Thomas Martinez, the Chief Legal Officer of MAXIMUS, INC. (MMS), disposed of 1,789 shares of common stock to satisfy withholding tax obligations.
- The shares were disposed of at a price of $93.16 per share.
- Following the transaction, Martinez directly owns 1,969.091 shares of MAXIMUS, INC.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock units, which is a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock transaction (disposal of shares). |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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