Form 4: MAXIMUS Inc. Executive Theresa D Golinvaux Reports Acquisition of Restricted Stock Units

Theresa D Golinvaux, Principal Accounting Officer at MAXIMUS Inc., acquired 2,859 restricted stock units (RSUs) on November 25, 2024, which vest over a four-year period.

Summary

• Theresa D Golinvaux, the Principal Accounting Officer of MAXIMUS Inc., has reported the acquisition of 2,859 restricted stock units (RSUs).
• These RSUs were granted on November 25, 2024.
• The RSUs represent a contingent right to receive one share of common stock each.
• The vesting schedule for these RSUs is a 4-year ratable vest, occurring on September 30th of 2025, 2026, 2027, and 2028.
• The reporting person also holds RSUs for an additional 3,878.148 shares with varying vesting schedules.
• The transaction was reported on November 27, 2024.

Sentiment

Score: 7

Explanation: The document is a routine filing related to executive compensation. It is generally positive as it indicates alignment of executive interests with the company's performance, but it is not a major event that would significantly impact sentiment.

Positives

• The acquisition of RSUs by a key executive like the Principal Accounting Officer can be seen as a positive sign of confidence in the company's future performance.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when executives receive equity compensation. It is a routine disclosure and does not indicate any unusual activity.

Comparison to Industry Standards

• The vesting schedule of four years is a common practice for RSU grants in publicly traded companies.
• Many companies use similar vesting schedules to align executive interests with long-term shareholder value.
• The use of RSUs as a form of compensation is a standard practice across various industries, including technology and services.

Stakeholder Impact

• The RSU grant aligns the executive's interests with those of shareholders, as the value of the RSUs is tied to the company's stock performance.
• The vesting schedule encourages long-term commitment from the executive.

Key Dates

Keywords

Restricted Stock Units, RSU, MAXIMUS Inc., Executive Compensation, Form 4, Insider Trading, Theresa D Golinvaux, Principal Accounting Officer, Equity Compensation, Vesting Schedule