Form 4: MAXIMUS Director Haley Receives 32,764 Shares from Trust

MAXIMUS Director John J. Haley reported receiving 32,764 shares of common stock from a Grantor Retained Annuity Trust as an annuity payment.

Summary

• Director John J. Haley of MAXIMUS, INC. (MMS) reported a change in beneficial ownership on February 10, 2026.
• Haley received 32,764 shares of common stock from the John J. Haley Grantor Retained Annuity Trust Six.
• This transfer was in satisfaction of an annuity payment and was an exempt transaction under Rule 16a-13.
• Following the transaction, Haley directly owns 39,971.489 shares of MAXIMUS common stock.
• Haley also indirectly owns 32,764 shares through the John J. Haley Revocable Trust.
• Additionally, Haley indirectly owns 71,132 shares through the John J. Haley Grantor Retained Annuity Trust Seven.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a director increasing their beneficial ownership, even through a trust distribution, generally indicates continued commitment and alignment with the company's long-term success.

Positives

• Director John J. Haley increased his beneficial ownership of MAXIMUS, INC. common stock by 32,764 shares, which generally indicates continued alignment with shareholder interests.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider transactions, such as a director increasing their beneficial ownership, can signal confidence in the company's future prospects, aligning management's interests with those of shareholders. This particular transaction, being an annuity payment from a trust, is a planned event rather than an open market purchase, which provides a different context than a discretionary market buy.

Comparison to Industry Standards

• This Form 4 filing reports a routine insider transaction related to beneficial ownership changes, which is standard practice for directors and officers of publicly traded companies.
• It does not provide performance metrics for comparison to industry peers like Accenture or Booz Allen Hamilton, which operate in similar government contracting and consulting spaces.

Related Party Transactions

• The transfer of 32,764 shares from John J. Haley Grantor Retained Annuity Trust Six to John J. Haley is a related party transaction, as the trust is controlled by the reporting person.

Stakeholder Impact

• Shareholders may view the increase in director ownership as a positive sign of management's confidence in the company's future performance.

Key Dates

Recommendation

This Form 4 filing reports a director's acquisition of shares through an annuity payment from a trust, rather than an open market purchase or sale. While an increase in insider ownership is generally a positive signal of confidence, this specific transaction type is a planned event and does not necessarily reflect a new investment decision based on recent company performance or market conditions. Therefore, it does not warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

MAXIMUS, MMS, John J. Haley, Director, Beneficial Ownership, SEC Form 4, Insider Transaction, Common Stock, Annuity Payment, Trust