Form 4: MAXIMUS Director Jan Madsen Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director Jan Madsen of MAXIMUS, INC. sold 2,439 shares of common stock at $67.71 per share on March 18, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Jan Madsen, a director of MAXIMUS, INC., reported a transaction involving the sale of company stock.
- On March 18, 2025, Madsen sold 2,439 shares of common stock at a price of $67.71 per share.
- The sale was executed under a 10b5-1 trading plan adopted on September 14, 2024.
- Following the transaction, Madsen directly owns 18,097.245 shares of MAXIMUS, INC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 trading plan suggests the insider planned the transaction in advance to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 09/14/2024 | Date the 10b5-1 trading plan was adopted by Jan Madsen |
| 03/18/2025 | Date of the stock sale transaction |
| 03/19/2025 | Date of the Form 4 filing |
Keywords
MAXIMUS, Insider Trading, Form 4, Stock Sale, Jan Madsen, 10b5-1 Plan, MMS, Director
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