Form 4: MAXIMUS Director Anne K. Altman Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Anne K. Altman, a director of MAXIMUS, INC., reported the acquisition of dividend equivalent rights related to previously awarded restricted stock units.
Summary
- On February 28, 2025, Anne K. Altman, a director of MAXIMUS, INC., acquired 11.497 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and vest proportionately with the RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of MAXIMUS common stock.
- Following the transaction, Altman directly owns 2,510.197 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minimal direct impact on stakeholders, as it is related to previously awarded compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/04/2025 | Date of signature for the report |
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