Form 4: MAXIMUS Inc. Executive Ilene Baylinson Reports Stock Transactions
SEC Form 4 Filing
Ilene Baylinson, a General Manager at MAXIMUS Inc., acquired 5,172 shares of common stock and disposed of 2,592 shares to cover tax obligations.
Summary
- Ilene Baylinson, a General Manager at MAXIMUS Inc., reported a transaction involving the company's common stock.
- On December 2, 2024, Ms. Baylinson acquired 5,172 shares of common stock as part of a performance stock unit release.
- On the same day, she disposed of 2,592 shares to satisfy tax withholding obligations related to the stock release.
- The price of the disposed shares was $74.16.
- After these transactions, Ms. Baylinson's direct holdings of MAXIMUS Inc. common stock totaled 17,011.771 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies. It provides transparency into the stock transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
- The transactions are typical for executives receiving stock-based compensation, where a portion of shares are often sold to cover tax liabilities.
- Similar filings can be seen across the industry for companies like Accenture, Cognizant, and other government services providers.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation practices.
- The transactions do not have a significant impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 11/22/2021 | Date of the grant of performance stock units that were released on 12/02/2024. |
| 12/02/2024 | Date of the stock acquisition and disposal transactions. |
| 12/04/2024 | Date the Form 4 was signed. |
Keywords
MAXIMUS Inc., stock transaction, insider trading, Form 4, performance stock units, executive compensation, share disposal, tax withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.