Theresa D. Golinvaux, the Principal Accounting Officer of Maximus, Inc., has filed a Form 4 with the SEC detailing a recent transaction involving the surrender of shares. This action, which took place on September 30, 2026, is a common practice among company executives to meet tax obligations associated with the vesting of restricted stock units (RSUs).
The filing is significant as it highlights the ongoing regulatory requirements that executives must adhere to, particularly in the business services sector. Golinvaux's decision to surrender 1,243.595 shares at a price of $53.19 per share demonstrates her compliance with tax obligations, while still maintaining a substantial ownership stake in the company.
Background
Maximus, Inc. is a prominent player in the business services industry, categorized under the SIC code for Services-Business Services, NEC [7389]. The company is known for providing a range of services, including technology and consulting solutions. Maximus is incorporated in Virginia and has been actively filing with the SEC, with its latest Form 4 submitted on October 2, 2026.
What the Filing Says
The SEC filing indicates that Golinvaux surrendered shares to satisfy withholding taxes due from the vesting of her RSUs. The filing states, "These shares were surrendered to satisfy the withholding tax due in connection with the vesting of restricted stock units (RSUs)." Following this transaction, Golinvaux owns a total of 12,348.928 shares, which includes 104.753 dividend equivalents accrued on unvested RSUs since her last filing.
Impact
This transaction may affect various stakeholders, including shareholders and regulatory bodies. Golinvaux's continued ownership of a significant number of shares reflects her commitment to Maximus and may influence investor confidence. The routine nature of this filing also underscores the importance of transparency and compliance within the industry.
What's Next
The filing does not say what happens next.