HALEY JOHN J 4
Research Summary
AI-generated summary
MAXIMUS (MMS) Director John J. Haley Receives RSU Award
What Happened
John J. Haley, a director of MAXIMUS, Inc. (MMS), received an award of 7,009 restricted stock units (RSUs) on 2026-03-10. The Form 4 reports the acquisition price as $0 (code A — award/grant). The RSUs vest one year from the grant date, and Haley elected to defer receipt of the underlying common stock until termination of his board service.
Key Details
- Transaction date: 2026-03-10; Transaction type: Award/Grant (code A).
- Shares/units granted: 7,009 RSUs; reported acquisition price: $0 (no cash paid).
- Footnote F1: RSUs vest one year from grant; reporting person elected to defer stock receipt until termination of board service.
- Footnote F2: Grant includes 135.462 dividend equivalent rights accrued on previously awarded RSUs that vest proportionately with those RSUs.
- Shares owned after transaction: Not reported on the Form 4.
- Filing: Form 4 filed 2026-03-12 (timely within the usual two-business-day window).
- Exhibit noted: Exhibit 24 — Power of Attorney.
Context
This was a time-based RSU grant, not a purchase or sale. RSU awards are common compensation for directors and do not represent an immediate change in market exposure until the units vest and shares are delivered (and, in this case, delivery is deferred until board service ends). There is no indication of a sale or exercise tied to this transaction.