Form 4: Theresa D Golinvaux, Principal Accounting Officer at MAXIMUS, Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Theresa D Golinvaux, Principal Accounting Officer of MAXIMUS, reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units and performance share units.
Summary
- On May 31, 2024, Theresa D Golinvaux, the Principal Accounting Officer of MAXIMUS, acquired 30.494 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 the performance criteria have been met.
- Each dividend equivalent right represents the economic equivalent of one share of Maximus Common stock.
- Following this transaction, Golinvaux beneficially owns 8,782.454 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/04/2024 | Date of signature for the Form 4 filing |
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.