Form 4: MAXIMUS Director Jan Madsen Reports Acquisition of Dividend Equivalent Rights

Director Jan Madsen reports acquiring dividend equivalent rights related to restricted stock units of MAXIMUS, INC.

Summary

• On August 30, 2024, Jan Madsen, a director of MAXIMUS, INC., reported acquiring 55.448 dividend equivalent rights.
• These rights are associated with previously awarded restricted stock units (RSUs) and vest proportionally with those RSUs.
• Each dividend equivalent right represents the economic equivalent of one share of MAXIMUS common stock.
• Following the transaction, Madsen directly owns 17,107.334 dividend equivalent rights.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing the acquisition of dividend equivalent rights, which is generally neutral to positive as it reflects ongoing compensation practices and alignment of interests.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies. It provides transparency 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 shareholders, as the value of these rights is tied to the performance of the company's stock.

Key Dates