Form 4: MAXIMUS Executive Ilene R. Baylinson Reports Dividend Equivalent Rights Acquisition
SEC Form 4
Ilene R. Baylinson, a General Manager at MAXIMUS, INC., reported the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.
Summary
- On August 30, 2024, Ilene R. Baylinson, a General Manager at MAXIMUS, INC., reported acquiring 105.661 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 32,600.018 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation, and does not contain information that would significantly impact sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates the acquisition of dividend equivalent rights, which are often tied to equity-based compensation plans.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minor positive impact on the executive's compensation.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 09/03/2024 | Date of report filing |
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