Form 4: Maximus Principal Accounting Officer Acquires Dividend Equivalent Rights Tied to Equity Awards

Theresa D. Golinvaux, Principal Accounting Officer at Maximus Inc., acquired 39.958 dividend equivalent rights on May 31, 2025, linked to previously awarded restricted and performance stock units.

Summary

• Theresa D. Golinvaux, the Principal Accounting Officer of Maximus, Inc. (MMS), reported an acquisition of derivative securities.
• On May 31, 2025, Ms. Golinvaux acquired 39.958 Dividend Equivalent Rights.
• These rights accrued on previously awarded restricted stock units (RSUs) and performance share units (PSUs), indicating that the performance criteria for the PSUs have been met.
• Each dividend equivalent right is economically equivalent to one share of Maximus Common Stock.
• Following this transaction, Ms. Golinvaux beneficially owns 9,698.061 derivative securities (Dividend Equivalent Rights).

Sentiment

Score: 7

Explanation: The acquisition of dividend equivalent rights is a positive indicator as it signifies the vesting of previously awarded restricted stock units and the successful achievement of performance criteria for performance share units, reflecting positively on executive compensation and potentially company performance.

Positives

• The acquisition of dividend equivalent rights indicates the vesting of previously awarded restricted stock units (RSUs) and the successful achievement of performance criteria for performance share units (PSUs), reflecting positively on executive compensation and potentially company performance.

Future Outlook

N/A

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the accrual of dividend equivalent rights on previously granted equity awards. It does not provide broader industry context or trends.

Related Party Transactions

• The transaction involves the accrual of dividend equivalent rights on equity awards granted to a principal officer, which is a standard form of executive compensation and a related party transaction in the context of employee-company dealings.

Stakeholder Impact

• Shareholders: This transaction indicates that the company's executive compensation structure is functioning as intended, with equity awards vesting based on performance, which aligns executive interests with shareholder value.

Key Dates

Keywords

Maximus, MMS, Form 4, Insider Transaction, Dividend Equivalent Rights, Restricted Stock Units, Performance Share Units, Executive Compensation