Form 4: MAXIMUS Director Anne K. Altman Reports Acquisition of Dividend Equivalent Rights
SEC Form 4
Director Anne K. Altman reports acquiring dividend equivalent rights related to restricted stock units of MAXIMUS, INC.
Summary
- On August 30, 2024, Anne K. Altman, a director of MAXIMUS, INC., acquired 8.066 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and vest proportionately with those RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of MAXIMUS common stock.
- Following the transaction, Altman directly owns 2,488.68 dividend equivalent rights.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to director compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies. It provides transparency to investors regarding the alignment of director interests with shareholder value through equity-based compensation.
Stakeholder Impact
- The acquisition of dividend equivalent rights aligns the director's interests with those of the shareholders, as the value of these rights is tied to the performance of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 09/03/2024 | Date of report filing |
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