Form 4: MAXIMUS Inc. Chief Legal Officer Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
John Thomas Martinez, Chief Legal Officer of MAXIMUS Inc., reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.
Summary
- On February 28, 2025, John Thomas Martinez, Chief Legal Officer of MAXIMUS Inc., reported acquiring 152.93 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, Martinez directly owns 33,389.473 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It reports a routine transaction and doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock and related instruments. This filing indicates the acquisition of dividend equivalent rights, which are often tied to equity compensation plans.
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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