Form 4: Maximus Director Gifts 32,764 Shares to Trust

Maximus Inc. Director John J. Haley transferred 32,764 shares of common stock to a Grantor Retained Annuity Trust as part of a Rule 10b5-1 plan.

Summary

• Director John J. Haley of MAXIMUS, INC. (MMS) reported a gift transaction of common stock.
• On February 18, 2026, 32,764 shares of common stock were disposed of from direct ownership.
• Concurrently, 32,764 shares of common stock were acquired indirectly by the John J. Haley Grantor Retained Annuity Trust Eight.
• The transaction was executed as a gift (Transaction Code 'G') with a price of $0 per share.
• This transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
• Following these transactions, John J. Haley beneficially owns 39,971.489 shares directly and 71,132 shares indirectly through the John J. Haley Grantor Retained Annuity Trust Seven, in addition to the 32,764 shares held by the new Grantor Retained Annuity Trust Eight.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It represents a personal financial planning move by a director, not a direct reflection of the company's operational performance or immediate prospects.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating pre-planned estate or financial management rather than a reaction to immediate market conditions.

Negatives

• A reduction in direct share ownership by a director, while offset by indirect ownership through a trust, could be perceived as a slight decrease in direct alignment with public shareholders, though this is often for estate planning.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly gifts to trusts, are common for high-net-worth individuals and corporate executives for estate planning and wealth management purposes. These transactions are generally not indicative of the company's operational performance or immediate strategic direction, but rather personal financial planning.

Related Party Transactions

• Director John J. Haley gifted 32,764 shares of common stock to the John J. Haley Grantor Retained Annuity Trust Eight, which is considered a related party transaction for estate planning purposes.

Stakeholder Impact

• Shareholders: The transaction represents a transfer of shares from direct to indirect beneficial ownership by a director, which typically has minimal direct impact on the company's operations or stock valuation, but alters the form of the director's holdings.
• Employees, Customers, Suppliers, Creditors: No direct impact is expected from this personal financial transaction.

Key Dates

Recommendation

The transaction is a routine insider gift for estate planning purposes under a 10b5-1 plan and does not provide new information regarding the company's operational performance or strategic direction. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Maximus Inc., MMS, John J. Haley, Form 4, Insider Transaction, Gift, Common Stock, Director, 10b5-1 Plan, Grantor Retained Annuity Trust, Estate Planning