Form 4: MAXIMUS Inc. Director Michael J. Warren Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Director Michael J. Warren reports acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On May 31, 2024, Michael J. Warren, a director of MAXIMUS Inc., reported the acquisition of 31.103 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and vest proportionately with those RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of MAXIMUS common stock.
- Following the transaction, Warren beneficially owns 8,957.77 dividend equivalent rights directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to internal compensation mechanisms.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/04/2024 | Date of signature on the Form 4 filing |
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