Maximus MMS Insider Ownership

NYSE MMS

$61.10 -0.23 (-0.37%)

As of: Oct 20, 2026 · 3:59 PM EDT

Insider Holdings by Owner

950.98K Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

2.38%

▼-0.020% pp QoQ

Shares Held by Insiders

1.26Mn

filed for Sep 2026

▼-0.83% QoQ

Shares Outstanding

52.85Mn

52,854,000 shares

Direct Holdings

1.00Mn

Indirect: 252.70K

Net Shares Traded (QoQ)

-10.55K

net selling in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 5, 2026

In the last 12 months, insiders at Maximus made open-market purchases of $329,589 (4.23K shares) and open-market sales of $578,326 (7.99K shares).

Maximus' open-market purchases in the past 12 months came from 4 insiders, and its sales from 2 insiders.
Among Maximus insiders, Bruce Caswell (CEO & President) led open-market buying over the past 12 months with $249,081 of purchases (3.17K shares); the latest was on February 10, 2026.
On the sell side, Michelle F. Link (Chief of Human Resources) led open-market sales of Maximus stock over the past 12 months with $524,717 (7.25K shares), most recently on October 1, 2026.
Away from the open market, MMS insiders received 168.6K shares in stock awards, gave up 113.33K shares to cover taxes or exercise prices and gave away 91.53K shares as gifts over the last 12 months.
Per Business Quant, MMS insiders together hold 1.14Mn shares based on their latest Form 4 filings, or 2.17% of the 52.85Mn shares outstanding; that total is down 9.66% from 1.27Mn shares at the end of Q2 2026 and down 0.17% from 1.15Mn shares at the end of Q3 2025.
Direct holdings account for 892.11K shares (77.93%) of MMS's insider total, and indirect holdings through trusts, partnerships and family members for 252.7K shares (22.07%).
Per Business Quant, 14 insiders of MMS hold shares, counting officers, directors and 10% owners who have filed a Form 4 in the past two years.
MMS's three largest insider shareholders, per their latest Form 4 filings, are Raymond B. Ruddy (Director, 419.24K shares), Bruce Caswell (CEO & President, 328.01K shares) and John J. Haley (Director, 151.01K shares).
Of the shares held by MMS insiders, 36.62% belong to Raymond B. Ruddy.
A total of 40 Form 4 filings with transactions in Maximus stock were made over the past 12 months, by 14 insiders.
The insider holdings and trades above for Maximus reflect Form 4 filings through October 2, 2026.

Form 4 Holdings

Insiders Holding MMS

Insiders 16

Shares held 950.98K

Of outstanding 1.80%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Bruce Caswell	Ceo President	328,013	0	328,013	34.5%	11 Feb, 2026
2	Raymond B Ruddy	Director	315,940	0	315,940	33.2%	02 Dec, 2025
3	John J Haley	Director	47,116	0	47,116	5.0%	12 Mar, 2026
4	Richard A Montoni	Vice Chairman	0	45,500	45,500	4.8%	02 Mar, 2026
5	David Mutryn	Chief Financial Officer	35,614	0	35,614	3.7%	02 Oct, 2026
6	Anne K. Altman	Director	35,142	0	35,142	3.7%	12 Mar, 2026
7	John Thomas Martinez	Chief Legal Officer	22,641	0	22,641	2.4%	02 Dec, 2025
8	Ilene R. Baylinson	General Mgr Health Human	21,689	0	21,689	2.3%	02 Oct, 2026
9	Jan Madsen	Director	20,795	0	20,795	2.2%	17 Mar, 2026
10	Michael J. Warren	Director	17,839	0	17,839	1.9%	12 Mar, 2026
11	Gayathri Rajan	Director	16,705	0	16,705	1.8%	12 Mar, 2026
12	Michelle F. Link	Chief Of Human Resources	13,881	0	13,881	1.5%	02 Oct, 2026
13	Theresa D Golinvaux	Principal Accounting Officer	12,349	0	12,349	1.3%	02 Oct, 2026
14	David Francis	General Counsel	10,026	0	10,026	1.1%	04 Jan, 2023
15	Elizabeth Moellering	General Counsel And Corp. Sec.	4,382	0	4,382	0.5%	02 Oct, 2026
16	Teresa Weipert	Gm Us Federal Services	3,348	0	3,348	0.4%	14 Dec, 2023

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

3,737 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
30 Sep, 2026	Theresa D Golinvaux	Principal Accounting Officer	Disposed F	1,244	$53.19	$66.15K	12,349	Direct
30 Sep, 2026	Michelle F. Link	Chief Of Human Resources	Disposed F	2,637	$53.19	$140.26K	17,089	Direct
30 Sep, 2026	David Mutryn	Chief Financial Officer	Disposed F	4,749	$53.19	$252.62K	35,614	Direct
30 Sep, 2026	Ilene R. Baylinson	General Mgr Health Human	Disposed F	3,945	$53.19	$209.81K	21,689	Direct
30 Sep, 2026	Elizabeth Moellering	General Counsel And Corp. Sec.	Disposed F	713	$53.19	$37.90K	4,382	Direct
01 Oct, 2026	Michelle F. Link	Chief Of Human Resources	Disposed S	3,208	$54.23	$173.97K	13,881	Direct
17 Mar, 2026	Jan Madsen	Director	Disposed S	742	$72.25	$53.61K	20,795	Direct
10 Mar, 2026	Gayathri Rajan	Director	Acquired A	2,246	$0.00	$0	16,705	Direct
10 Mar, 2026	Anne K. Altman	Director	Acquired A	3,062	$0.00	$0	35,142	Direct
10 Mar, 2026	John J Haley	Director	Acquired A	7,009	$0.00	$0	47,116	Direct
10 Mar, 2026	Jan Madsen	Director	Acquired A	3,215	$0.00	$0	21,537	Direct
10 Mar, 2026	Michael J. Warren	Director	Acquired A	2,246	$0.00	$0	17,839	Direct
27 Feb, 2026	Richard A Montoni	Director	Disposed G	7,000	$0.00	$0	45,500	Indirect
24 Feb, 2026	Richard A Montoni	Director	Disposed G	3,000	$0.00	$0	52,500	Indirect
18 Feb, 2026	John J Haley	Director	Disposed G	32,764	$0.00	$0	0	Indirect
18 Feb, 2026	John J Haley	Director	Acquired G	32,764	$0.00	$0	32,764	Indirect
10 Feb, 2026	John J Haley	Director	Disposed G	32,764	$0.00	$0	39,971	Direct
10 Feb, 2026	Bruce Caswell	Ceo President	Acquired P	152	$76.92	$11.69K	324,990	Direct
10 Feb, 2026	Bruce Caswell	Ceo President	Acquired P	1,332	$78.22	$104.19K	326,322	Direct
10 Feb, 2026	John J Haley	Director	Acquired G	32,764	$0.00	$0	32,764	Indirect

Showing 1 to 20 of 3,737 transactions