RAYMOND B. RUDDY - 30 Nov 2023 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Role
Director
Signature
David R. Francis: As Attorney-In-Fact for: Raymond B Ruddy
Issuer symbol
MMS
Transactions as of
30 Nov 2023
Transactions value $
$0
Form type
4
Filing time
04 Dec 2023, 18:38:36 UTC
Previous filing
05 Sep 2023
Next filing
04 Mar 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MMS Dividend Equivalent Rights Award $0 +702 +0.36% $0.00 196K 30 Nov 2023 Common Stock 702 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalent rights accrued on previously-awarded restricted stock units ("RSU") which vest proportionately with RSUs to which they relate and on certain performance share units ("PSUs") where the performance criteria of such PSUs have been met. Each dividend equivalent right is the economic equivalent of one share of Maximus Common stock.