Form 4: MAXIMUS INC. Director Jan Madsen Reports Acquisition of Restricted Stock Units

Director Jan Madsen reports acquisition of 2,648 restricted stock units in MAXIMUS INC.

Summary

• On March 12, 2024, Jan Madsen, a director of MAXIMUS INC., acquired 2,648 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of MAXIMUS INC. common stock.
• The RSUs vest one year from the date of grant, subject to deferred distribution.
• The reporting person also holds RSUs with respect to an additional 13,991.679 shares of common stock with varying distribution schedules.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a standard disclosure of stock unit acquisition by a director.

Future Outlook

The RSUs vest one year from the date of grant, subject to deferred distribution for a longer period at the election of the individual.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a common practice for directors and officers of publicly traded companies.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be seen as a positive sign, aligning the director's interests with those of the shareholders.

Key Dates