Fuller & Thaler reports 5.14% stake in Maximus

Fuller & Thaler Asset Management, Inc., a California corporation, reports beneficial ownership of common stock of MAXIMUS, INC..

Rhea-AI Filing Summary

Fuller & Thaler Asset Management, Inc., a California corporation, reports beneficial ownership of common stock of MAXIMUS, INC.. The firm holds 2,702,709.97 shares, representing 5.14% of the common stock outstanding. Fuller & Thaler has sole voting power over 2,655,263.97 shares and sole dispositive power over 2,702,709.97 shares, with no shared voting or dispositive power reported.

Key Figures

Beneficial ownership: 2,702,709.97 shares Percent of class: 5.14% Sole voting power: 2,655,263.97 shares +1 more

4 metrics

Beneficial ownership 2,702,709.97 shares Common stock of Maximus, Inc. reported on Schedule 13G

Percent of class 5.14% Portion of Maximus, Inc. common stock beneficially owned

Sole voting power 2,655,263.97 shares Shares over which Fuller & Thaler has sole power to vote

Sole dispositive power 2,702,709.97 shares Shares over which Fuller & Thaler has sole power to dispose

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class

4 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 2,702,709.97"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"5 | Sole Voting Power 2,655,263.97 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 2,702,709.97 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Percent of class financial

"Item 4. | Ownership (b) | Percent of class: 5.14%"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of MAXIMUS, INC. (MMS) does Fuller & Thaler Asset Management own?

Fuller & Thaler Asset Management reports beneficial ownership of 5.14% of MAXIMUS, INC. common stock. This stake reflects institutional investment and is based on 2,702,709.97 shares reported as beneficially owned.

How many MAXIMUS, INC. (MMS) shares does Fuller & Thaler Asset Management beneficially own?

Fuller & Thaler Asset Management beneficially owns 2,702,709.97 shares of MAXIMUS, INC. common stock. This position corresponds to a reported 5.14% of the company’s outstanding common shares.

What voting power does Fuller & Thaler Asset Management have in MAXIMUS, INC. (MMS)?

Fuller & Thaler Asset Management has sole voting power over 2,655,263.97 MAXIMUS, INC. shares. The filing states no shared voting power, indicating all reported voting authority is held solely by the firm.

What dispositive power over MAXIMUS, INC. (MMS) shares is reported by Fuller & Thaler?

Fuller & Thaler Asset Management reports sole dispositive power over 2,702,709.97 MAXIMUS, INC. shares. The Schedule 13G indicates no shared dispositive power with any other party for these shares.

Who signed the MAXIMUS, INC. (MMS) Schedule 13G for Fuller & Thaler Asset Management?

The Schedule 13G was signed by Hanna Zanoni, Chief Compliance Officer of Fuller & Thaler Asset Management, Inc. The signature is dated 08/14/2026, confirming the reported beneficial ownership information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 05:28 PM Accepted by SEC EDGAR 08/14/2026 - 05:27 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

MAXIMUS, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

577933104

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 577933104

1

Names of Reporting Persons

Fuller & Thaler Asset Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,655,263.97
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,702,709.97
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,702,709.97

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.14 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MAXIMUS, INC.
(b)	Address of issuer's principal executive offices: 1600 TYSONS BLVD, #1400,MCLEAN, VA, 22102
Item 2.
(a)	Name of person filing: Fuller & Thaler Asset Management, Inc.
(b)	Address or principal business office or, if none, residence: 411 Borel Avenue, Suite 300, San Mateo, CA 94402
(c)	Citizenship: California corporation
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 577933104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,702,709.97
(b)	Percent of class: 5.14%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,655,263.97
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,702,709.97
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Fuller & Thaler Asset Management, Inc.

Signature:	/s/ Hanna Zanoni
Name/Title:	Chief Compliance Officer
Date:	08/14/2026