MMS Form 4: 6,013 RSUs awarded to MAXIMUS HR chief

Rhea-AI Filing Summary

MAXIMUS, Inc. (MMS) reported a Form 4 transaction for its Chief of Human Resources, Michelle Link. On 11/24/2025, she received a grant of 6,013 restricted stock units (RSUs) of MAXIMUS common stock at a price of $0, reflecting an equity award rather than a purchase.

Following this grant, she beneficially owned 19,521.065 shares of MAXIMUS common stock in direct ownership. The RSUs vest on a three-year ratable schedule, with vesting dates on 09/30/2026, 09/30/2027, and 09/30/2028, and may be deferred for a longer period if elected under the award terms. Each RSU represents a contingent right to receive one share of common stock.

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^*

Link Michelle F.

(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 of Human Resources

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		6,013(1)	A	$0	19,521.065	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.

	/s/ John T Martinez: As Attorney-In-Fact for: Michelle Link	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 in this Form 4?

The filing reports an equity award to Chief of Human Resources Michelle Link consisting of 6,013 restricted stock units (RSUs) of MAXIMUS common stock on 11/24/2025.

How many MAXIMUS (MMS) shares does Michelle Link own after the RSU grant?

After the reported transaction, Michelle Link beneficially owned 19,521.065 shares of MAXIMUS common stock in direct ownership.

What is the vesting schedule for the 6,013 RSUs granted by MAXIMUS (MMS)?

The 6,013 RSUs vest on a three-year ratable schedule, with vesting dates on 09/30/2026, 09/30/2027, and 09/30/2028, subject to possible deferred vesting if elected.

What does each RSU granted by MAXIMUS (MMS) to Michelle Link represent?

Each RSU represents a contingent right to receive one share of MAXIMUS common stock upon vesting, in accordance with the award terms.

Was cash paid for the MAXIMUS (MMS) RSU award reported in this Form 4?

No cash was paid; the RSUs were granted at a price of $0, indicating they are part of equity-based compensation rather than an open-market stock purchase.

What is Michelle Link’s role at MAXIMUS (MMS) mentioned in the Form 4?

Michelle Link is identified as an officer of MAXIMUS, serving as the company’s Chief of Human Resources.