Form 4: MAXIMUS Executive Ilene Baylinson Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Ilene Baylinson, a General Manager at MAXIMUS, reported the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.
Summary
- On February 28, 2025, Ilene Baylinson, a General Manager at MAXIMUS, acquired 173.653 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and performance share units (PSUs).
- The dividend equivalent rights vest proportionately with the RSUs to which they relate and on certain PSUs where the performance criteria have been met.
- Each dividend equivalent right represents the economic equivalent of one share of Maximus Common stock.
- Following the transaction, Baylinson directly owns 37,914.424 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not indicate any specific trend in the industry.
Stakeholder Impact
- The acquisition of dividend equivalent rights aligns executive compensation with company performance, potentially benefiting shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/04/2025 | Date of signature for the Form 4 filing |
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