Form 4: MAXIMUS, INC.: General Counsel John Thomas Martinez Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
John Thomas Martinez, General Counsel of MAXIMUS, INC., reports the acquisition of dividend equivalent rights.
Summary
- On May 31, 2024, John Thomas Martinez, General Counsel of MAXIMUS, INC. acquired dividend equivalent rights.
- A total of 64.647 dividend equivalent rights were acquired.
- These rights are associated with previously awarded restricted stock units (RSUs) and performance share units (PSUs).
- Each dividend equivalent right represents the economic equivalent of one share of Maximus Common stock.
- Following the transaction, Martinez directly owns 18,618.64 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding the acquisition of dividend equivalent rights, which is neither particularly positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves dividend equivalent rights related to existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/04/2024 | Date of signature for the report |
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.