Maximus CFO reports RSU grant and 4,000-share charitable gift

Rhea-AI Filing Summary

Maximus, Inc. (MMS) filed a Form 4 reporting equity transactions by its Chief Financial Officer, David Mutryn. On 11/24/2025, he received 10,259 restricted stock units (RSUs) of Maximus common stock at a price of $0, increasing his direct beneficial ownership to 35,647.958 shares.

The RSUs vest ratably over three years on 09/30/2026, 09/30/2027, and 09/30/2028, with the possibility of deferred vesting under the award terms. On the same day, he made a gift of 4,000 shares of common stock to a charitable donor advised fund, reducing his direct beneficial ownership to 31,647.958 shares.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Mutryn David

(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)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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	11/24/2025		A		10,259(1)	A	$0	35,647.958	D
Common Stock	11/24/2025		G		4,000(2)	D	$0	31,647.958	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. Represents a grant of restricted stock units ("RSUs"), which vest based upon the following schedule, subject to deferred vesting for a longer period of the election of the individual, as permitted by the terms of the award: A 3-year ratable vest that occurs on 09/30/2026, 09/30/2027, and 09/30/2028. Each RSU represents a contingent right to receive one share of common stock.

2. Reflects the gift of common stock to a charitable donor advised fund.

	/s/ John T Martinez: As Attorney-In-Fact for: David Mutryn	11/25/2025
	** Signature of Reporting Person	Date
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 4 (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.

FAQ

What insider transaction did Maximus (MMS) report for its CFO?

The filing reports that Chief Financial Officer David Mutryn received 10,259 restricted stock units (RSUs) of Maximus common stock on 11/24/2025 at a price of $0.

How do the new RSUs for the Maximus (MMS) CFO vest?

The 10,259 RSUs vest on a 3-year ratable schedule, with vesting dates on 09/30/2026, 09/30/2027, and 09/30/2028, and each RSU represents a right to receive one share of common stock.

How many Maximus (MMS) shares did the CFO own after the RSU grant?

After the RSU grant on 11/24/2025, the CFO beneficially owned 35,647.958 shares of Maximus common stock directly.

What was the 4,000-share transaction reported for Maximus (MMS)?

The filing states that 4,000 shares of Maximus common stock were transferred as a gift to a charitable donor advised fund on 11/24/2025.

How many Maximus (MMS) shares does the CFO own after the gift?

Following the 4,000-share gift, the CFO directly beneficially owned 31,647.958 shares of Maximus common stock.

What is the reporting person’s role at Maximus (MMS)?

The reporting person is an officer of Maximus, serving as its Chief Financial Officer.