Form 4: Maximus Officer Sells Shares for Tax Withholding

Maximus General Manager Ilene Baylinson disposed of 3,622.925 shares of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

• Ilene R. Baylinson, General Manager Health & Human at MAXIMUS, INC. (MMS), reported a transaction on September 30, 2025.
• The transaction involved the disposition of 3,622.925 shares of Maximus Common Stock at a price of $91.37 per share.
• These shares were surrendered to satisfy withholding tax obligations incurred due to the vesting of restricted stock units (RSUs).
• Following this transaction, Ilene R. Baylinson beneficially owns 14,140.135 shares directly.
• The beneficial ownership total includes 11,628.365 RSUs and associated accrued dividend equivalent rights, which have varying distribution schedules and were previously reported in Table II of Form 4 filings.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax liabilities associated with RSU vesting, which is a neutral event and does not indicate a change in company fundamentals or insider sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, tax-related transaction by an insider, not a discretionary sale indicating a change in confidence.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where an officer disposed of shares solely to satisfy tax obligations upon the vesting of restricted stock units. Such transactions are common and typically do not reflect a change in the insider's view of the company's prospects or fundamental value. Therefore, this specific filing does not provide new information that would warrant a change in an existing investment thesis, leading to a 'hold' recommendation based solely on this report.

Keywords

Maximus, MMS, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Withholding, Corporate Officer