Warren Michael J. 4

What Happened

• Warren Michael J., a director of MAXIMUS, Inc. (MMS), was granted 2,246 restricted stock units (RSUs) on 2026-03-10. The Form 4 lists the acquisition as 2,246 shares at $0.00 (code A — award/grant).
• The grant is reported at no cash cost to the insider (acquisition price $0); the RSUs convert to shares only upon vesting.

Key Details

• Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (filed within the typical 2-business-day window).
• Shares reported acquired: 2,246 RSUs; acquisition price: $0.00.
• Footnote F1: RSUs vest one year from the grant date.
• Footnote F2: Reporting includes 50.82 dividend equivalent rights accrued on prior RSUs (these vest proportionately) and 18.151 shares acquired via dividend reinvestment.
• Shares owned after transaction: not specified in the provided filing summary.
• Transaction code: A (Award/Grant).

Context

• RSU grants are a form of equity compensation; they are not an open-market purchase or sale and do not indicate an immediate cash outlay or sale of shares. The economic benefit to the insider depends on future vesting and the stock price at vesting.
• No indication of a sale or option exercise in this filing; this is a compensation award subject to the stated vesting schedule.