Maximus Form 4 shows new 7,409 RSU award to MMS legal chief

Rhea-AI Filing Summary

Maximus, Inc. (MMS) reported an equity award to its Chief Legal Officer on a Form 4. On 11/24/2025, the officer received 7,409 shares of common stock in the form of restricted stock units (RSUs) at a stated price of $0, reflecting a compensation grant rather than an open‑market purchase. After this grant, the officer beneficially owned 22,608.192 shares directly.

The RSUs vest in three equal annual installments on 09/30/2026, 09/30/2027, and 09/30/2028, with the ability to elect deferred vesting for a longer period as permitted by the award terms. Each RSU represents a contingent right to receive one share of Maximus common stock, aligning the executive’s compensation with the company’s equity over a multi‑year period.

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^*

Martinez John Thomas

(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 Legal 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		7,409(1)	A	$0	22,608.192	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	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 did Maximus (MMS) disclose in this Form 4 filing?

Maximus disclosed that its Chief Legal Officer received a grant of 7,409 restricted stock units (RSUs) of Maximus common stock on 11/24/2025, reported as an acquisition at a price of $0. Following this grant, the officer beneficially owned 22,608.192 shares directly.

Who is the reporting person in the Maximus (MMS) Form 4 and what is their role?

The reporting person is an officer of Maximus, Inc. serving as the company’s Chief Legal Officer. The filing is made as a Form 4 by one reporting person, indicating a change in that individual’s beneficial ownership of Maximus equity.

How many Maximus (MMS) RSUs were granted and how do they vest?

The award consists of 7,409 RSUs. According to the filing, these RSUs vest on a 3-year ratable schedule, with vesting dates on 09/30/2026, 09/30/2027, and 09/30/2028. The individual may elect deferred vesting for a longer period as permitted by the terms of the award.

What does each RSU represent in the Maximus (MMS) Form 4 grant?

Each restricted stock unit in this grant represents a contingent right to receive one share of Maximus common stock. The actual delivery of shares depends on satisfying the vesting conditions outlined in the award schedule.

Was the Maximus (MMS) Form 4 transaction an open-market purchase or a compensation grant?

The Form 4 describes the transaction as an acquisition of 7,409 RSUs at a reported price of $0, indicating an equity compensation grant rather than an open-market purchase of Maximus shares.

How many Maximus (MMS) shares does the officer own after this RSU award?

After the reported RSU grant, the officer is shown as beneficially owning 22,608.192 shares of Maximus common stock with direct ownership form, as disclosed in the Form 4.