Maximus (NYSE: MMS) officer discloses PSU release and tax share surrender

Rhea-AI Filing Summary

Maximus, Inc. officer Theresa D. Golinvaux, Principal Accounting Officer, reported equity transactions in company common stock. On 12/02/2025, she acquired 1,200.769 shares of common stock at $0 upon the release of performance stock units granted on November 25, 2022, including 37.131 shares from dividend equivalent rights. On the same date, she surrendered 541.547 shares at $86.51 to cover withholding taxes tied to the PSU release. After these transactions, she beneficially owns 13,487.77 shares of Maximus common stock directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

GOLINVAUX THERESA D

(Last) (First) (Middle)

C/O MAXIMUS INC.

1600 TYSONS BLVD, STE 1400

(Street)

MCLEAN VA 22102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MAXIMUS, INC. [ MMS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Principal Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/02/2025		A		1,200.769(1)	A	$0	14,029.317	D
Common Stock	12/02/2025		F		541.547(2)	D	$86.51	13,487.77	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were received upon the release of performance stock units ("PSUs") granted on November 25, 2022. The reported amount includes 37.131 shares representing the dividend equivalent rights accrued on the PSUs.

2. These shares were surrendered to satisfy the withholding tax due in connection with the release of the PSUs.

	/s/ John T Martinez: As Attorney-In-Fact for: Theresa D Golinvaux	12/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Maximus (MMS) report in this Form 4?

The filing reports that Theresa D. Golinvaux, Principal Accounting Officer of Maximus, Inc., had performance stock units release into common stock and surrendered some shares to cover taxes.

How many Maximus (MMS) shares did the officer receive from PSU release?

She received 1,200.769 shares of Maximus common stock upon the release of performance stock units, including 37.131 shares from dividend equivalent rights.

How many Maximus shares were surrendered for tax withholding?

She surrendered 541.547 shares of Maximus common stock at a price of $86.51 per share to satisfy withholding tax obligations related to the PSU release.

What is Theresa D. Golinvaux’s role at Maximus (MMS)?

She is reported as an officer of Maximus, Inc., serving as the company’s Principal Accounting Officer.

How many Maximus (MMS) shares does the officer own after the transactions?

Following the reported transactions, she beneficially owns 13,487.77 shares of Maximus common stock in direct ownership.

Were the Maximus (MMS) insider transactions in this Form 4 derivative or non-derivative?

The reported activity involves non-derivative securities, specifically Maximus common stock received from performance stock units and shares surrendered for taxes.