Michelle Link - 02 Dec 2025 Form 4 Insider Report for MAXIMUS, INC. (MMS)

Signature
/s/ John T Martinez: As Attorney-In-Fact for: Michelle Link
Issuer symbol
MMS
Transactions as of
02 Dec 2025
Transactions value $
-$637,840
Form type
4
Filing time
03 Dec 2025, 20:48:53
Previous filing
02 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Link Michelle F. Chief of Human Resources C/O MAXIMUS INC., 1600 TYSONS BLVD, STE 1400, MCLEAN /s/ John T Martinez: As Attorney-In-Fact for: Michelle Link 03 Dec 2025 0001808982

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMS Common Stock Award $0 +7.36K +37.66% $0.00 26.9K 02 Dec 2025 Direct F1
transaction MMS Common Stock Tax liability -$287K -3.32K -12.34% $86.51 23.6K 02 Dec 2025 Direct F2
transaction MMS Common Stock Sale -$351K -4.04K -17.13% $86.84 19.5K 03 Dec 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were received upon the release of performance stock units ("PSUs") granted on November 25, 2022. The reported amount includes 227.500 shares representing the dividend equivalent rights accrued on the PSUs.
F2 These shares were surrendered to satisfy the withholding tax due in connection with the release of the PSUs.
F3 These sales were completed pursuant to a 10b5-1 trading plan adopted by the reporting person on December 6, 2024.