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MAXIMUS (NYSE: MMS) GC Moellering discloses 5,044-share initial stake and RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

MAXIMUS, INC. reported initial insider holdings for General Counsel and Corporate Secretary Elizabeth Moellering. She directly holds 5,044.166 shares of common stock. Footnotes describe prior equity awards of restricted stock units that vest over multiple years, each representing the right to receive one share of common stock.

Moellering was granted 1,232 RSUs on April 1, 2024, 1,361 RSUs on November 25, 2024, and 2,850 RSUs on November 24, 2025, each vesting ratably over four years on specified September 30 vesting dates. Dividend equivalent rights accrue on these RSUs when dividends are paid on the common stock.

Positive

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Negative

  • None.
Insider Moellering Elizabeth
Role General Counsel and Corp. Sec.
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 5,044.166 shares (Direct, null)
Footnotes (1)
  1. On April 1, 2024, the reporting person was granted 1,232 restricted stock units ("RSUs"), which vest based upon the following schedule, subject to deferred vesting for a longer period at the election of the individual, as permitted by the terms of the award: A 4-year ratable vest that was scheduled to occur on 09/30/2024, 09/30/2025, 09/30/2026, and 09/30/2027. Each RSU represents a contingent right to receive one share of common stock, and dividend equivalent rights accrue on RSUs when and as dividends are paid on common stock. On November 25, 2024, the reporting person was granted 1,361 RSUs, which vest based upon the following schedule, subject to deferred vesting for a longer period at the election of the individual, as permitted by the terms of the award: A 4-year ratable vest that was scheduled to occur on 09/30/2025, 09/30/2026, 09/30/2027, and 09/30/2028. On November 24, 2025, the reporting person was granted 2,850 RSUs, which vest based upon the following schedule, subject to deferred vesting for a longer period at the election of the individual, as permitted by the terms of the award: A 4-year ratable vest that was scheduled to occur on 09/30/2026, 09/30/2027, 09/30/2028, and 09/30/2029.
Direct common stock holdings 5,044.166 shares Total shares following reported holding entry
RSU grant 1 1,232 RSUs Granted April 1, 2024; four-year ratable vest on 09/30/2024-2027
RSU grant 2 1,361 RSUs Granted November 25, 2024; four-year ratable vest on 09/30/2025-2028
RSU grant 3 2,850 RSUs Granted November 24, 2025; four-year ratable vest on 09/30/2026-2029
restricted stock units financial
"the reporting person was granted 1,232 restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of common stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
dividend equivalent rights financial
"dividend equivalent rights accrue on RSUs when and as dividends are paid"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
ratable vest financial
"A 4-year ratable vest that was scheduled to occur on 09/30/2024"
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Understanding Insider Trading Forms →
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Moellering Elizabeth
(Last)(First)(Middle)
C/O MAXIMUS INC.
1600 TYSONS BLVD, STE 1400
(Street)
MCLEAN VIRGINIA 22102
(City)(State)(Zip)
UNITED STATES
(Country)		2. Date of Event Requiring Statement (Month/Day/Year)
04/20/2026		3. Issuer Name and Ticker or Trading Symbol
MAXIMUS, INC. [ MMS ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Corp. Sec.
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock5,044.166(1)(2)(3)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On April 1, 2024, the reporting person was granted 1,232 restricted stock units ("RSUs"), which vest based upon the following schedule, subject to deferred vesting for a longer period at the election of the individual, as permitted by the terms of the award: A 4-year ratable vest that was scheduled to occur on 09/30/2024, 09/30/2025, 09/30/2026, and 09/30/2027. Each RSU represents a contingent right to receive one share of common stock, and dividend equivalent rights accrue on RSUs when and as dividends are paid on common stock.
2. On November 25, 2024, the reporting person was granted 1,361 RSUs, which vest based upon the following schedule, subject to deferred vesting for a longer period at the election of the individual, as permitted by the terms of the award: A 4-year ratable vest that was scheduled to occur on 09/30/2025, 09/30/2026, 09/30/2027, and 09/30/2028.
3. On November 24, 2025, the reporting person was granted 2,850 RSUs, which vest based upon the following schedule, subject to deferred vesting for a longer period at the election of the individual, as permitted by the terms of the award: A 4-year ratable vest that was scheduled to occur on 09/30/2026, 09/30/2027, 09/30/2028, and 09/30/2029.
Remarks:
Exhibit List Exhibit 24-Power of Attorney
/s/ Elizabeth Moellering04/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does the MAXIMUS (MMS) Form 3 filing for Elizabeth Moellering show?

The Form 3 shows that MAXIMUS General Counsel Elizabeth Moellering directly holds 5,044.166 shares of common stock. It also describes several previously granted restricted stock unit awards that vest over multiple years and provide additional potential common stock upon vesting.

How many MAXIMUS (MMS) shares does Elizabeth Moellering currently hold directly?

Elizabeth Moellering directly holds 5,044.166 shares of MAXIMUS common stock. This figure represents her direct ownership reported in the Form 3 filing and serves as the baseline for any future insider trading disclosures involving her holdings at the company.

What RSU grants to Elizabeth Moellering are disclosed in the MAXIMUS Form 3?

The filing discloses RSU grants of 1,232 units on April 1, 2024, 1,361 units on November 25, 2024, and 2,850 units on November 24, 2025. Each grant vests ratably over four years on specified September 30 dates, subject to possible deferred vesting elections.

How do Elizabeth Moellering’s RSUs at MAXIMUS (MMS) vest over time?

Each RSU grant vests on a four-year ratable schedule with vesting dates on September 30 of consecutive years. The awards may be deferred for a longer period at her election, as permitted by the award terms, which can affect when she actually receives shares.

What do RSUs and dividend equivalent rights mean in the MAXIMUS Form 3?

RSUs are restricted stock units that represent a contingent right to receive one share of common stock upon vesting. The filing notes that dividend equivalent rights accrue on these RSUs when dividends are paid on common stock, effectively mirroring dividend value during the vesting period.

Does the MAXIMUS (MMS) Form 3 indicate any insider buying or selling by Elizabeth Moellering?

The Form 3 functions as an initial ownership report and lists Moellering’s existing holdings of 5,044.166 shares. The summarized data classifies the entry as a holding, with no buy or sell transactions indicated in the provided transaction summary fields.