Form 4: MAXIMUS Director Michael J. Warren Increases Stake Through Dividend Reinvestment
SEC Form 4
Director Michael J. Warren increased his holdings in MAXIMUS, INC. through dividend reinvestments across multiple transactions.
Summary
- Michael J. Warren, a director at MAXIMUS, INC., has increased his beneficial ownership of common stock through dividend reinvestments.
- The transactions occurred on February 29, 2024, May 31, 2024, and September 3, 2024.
- A total of 34.62 shares were acquired through these reinvestments.
- The price per share varied across the transactions: $84.05 on February 29, $84.97 on May 31, and $92.40 on September 3.
- Following these transactions, Warren directly owns 4,068.13 shares of MAXIMUS, INC.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects routine transactions. Director increasing stake is mildly positive.
Positives
- A director increasing their stake in the company can be seen as a positive signal.
Industry Context
This is a routine transaction reflecting dividend reinvestment, a common practice among shareholders.
Stakeholder Impact
- The increased stake of a director could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Purchase of 7.18 shares of common stock at $84.05 via dividend reinvestment. |
| 05/31/2024 | Purchase of 14.27 shares of common stock at $84.97 via dividend reinvestment. |
| 09/03/2024 | Purchase of 13.17 shares of common stock at $92.40 via dividend reinvestment. |
| 09/10/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.