Form 4: MAXIMUS Executive Ilene Baylinson Reports Acquisition of Dividend Equivalent Rights

Ilene Baylinson, a General Manager at MAXIMUS, reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.

Summary

• On February 29, 2024, Ilene R. Baylinson, a General Manager at MAXIMUS, reported the acquisition of 115.704 dividend equivalent rights.
• These rights are associated with previously awarded restricted stock units (RSUs) and performance share units (PSUs).
• Each dividend equivalent right represents the economic equivalent of one share of MAXIMUS common stock.
• Following the transaction, Baylinson directly owns 32,381.53 dividend equivalent rights.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, indicating normal business operations and executive compensation practices. The sentiment is neutral to slightly positive as it reflects ongoing compensation and alignment of executive interests with shareholder value.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies.

Stakeholder Impact

• The acquisition of dividend equivalent rights aligns the executive's interests with those of shareholders, as the value of these rights is tied to the performance of the company's stock.

Key Dates