Form 4: Maximus Executive Accrues Dividend Equivalent Rights
Insider Transaction Report
Maximus General Manager Ilene Baylinson reported the accrual of 129.906 dividend equivalent rights tied to her restricted and performance share units.
Summary
- Ilene R. Baylinson, General Manager Health & Human at MAXIMUS, INC. (MMS), reported an acquisition of derivative securities.
- The transaction involved the accrual of 129.906 Dividend Equivalent Rights (DERs) on August 31, 2025.
- These DERs accrued on previously awarded restricted stock units (RSUs) and performance share units (PSUs) for which performance criteria were met.
- Each dividend equivalent right is the economic equivalent of one share of Maximus Common Stock.
- Following this transaction, Ms. Baylinson beneficially owns 38,201.195 derivative securities.
Sentiment
Score: 7
Explanation: The filing reports a routine accrual of dividend equivalent rights for an executive, indicating that performance criteria for certain equity awards were met, which is a positive sign for company performance and executive alignment.
Positives
- Accrual of dividend equivalent rights indicates that performance criteria for certain performance share units were met, suggesting positive company or individual performance.
- Increased beneficial ownership of derivative securities aligns the executive's interests with those of shareholders.
Future Outlook
No explicit forward-looking statements or guidance are provided in this filing.
Industry Context
This filing is a routine disclosure of an insider transaction related to executive compensation and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Increased alignment of executive interests with shareholders through equity-based compensation.
- Management: Ilene Baylinson's compensation package is enhanced through the accrual of these rights, reflecting performance.
Key Dates
| Date | Description |
|---|---|
| 08/31/2025 | Accrual date of Dividend Equivalent Rights. |
| 09/03/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
MAXIMUS, MMS, Dividend Equivalent Rights, Restricted Stock Units, Performance Share Units, Executive Compensation, Insider Transaction, Form 4
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