Form 4: MAXIMUS Inc. Executive Michelle F. Link Reports Acquisition of Dividend Equivalent Rights
SEC Form 4
Michelle F. Link, Chief of Human Resources at MAXIMUS Inc., reports the acquisition of dividend equivalent rights related to restricted stock units and performance share units.
Summary
- On May 31, 2024, Michelle F. Link, Chief of Human Resources at MAXIMUS Inc., reported acquiring 78.435 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and performance share units (PSUs).
- The dividend equivalent rights vest proportionately with the RSUs to which they relate and on certain PSUs where performance criteria have been met.
- Each dividend equivalent right represents the economic equivalent of one share of Maximus Common stock.
- Following the transaction, Ms. Link beneficially owns 22,586.57 dividend equivalent rights directly.
Sentiment
Score: 7
Explanation: The sentiment is neutral. This is a routine disclosure of executive compensation, indicating standard corporate governance practices. There is no information to suggest a positive or negative outlook.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the equity-based compensation of key executives.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/04/2024 | Date of report filing |
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