4/A: MAXIMUS Director Jan Madsen Corrects Stock Unit Award in Amended SEC Filing

Director Jan Madsen files an amended SEC Form 4 to correct the number of Restricted Stock Units (RSUs) awarded, changing it from 2,648 to 3,001.

Summary

• Jan Madsen, a director at MAXIMUS, INC., filed an amendment to a previous Form 4 to correct the number of Restricted Stock Units (RSUs) awarded.
• The original filing on March 13, 2024, incorrectly reported the number of RSUs as 2,648.
• The corrected filing shows that Madsen was actually awarded 3,001 RSUs on March 12, 2024, at a price of $84.96.
• These RSUs vest one year from the grant date, with potential for deferred distribution.
• Madsen also holds RSUs for an additional 13,991.679 shares with varying distribution schedules.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. It doesn't indicate any significant positive or negative news, but transparency is generally viewed favorably.

Future Outlook

The RSUs vest one year from the date of grant, subject to deferred distribution for a longer period at the election of the individual.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The correction of the RSU award ensures accurate reporting to shareholders.

Key Dates