secwatch.observer — SEC 8-K summary
======================================

Issuer:     MAXIMUS, INC. (MMS)
CIK:        0001032220
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001032220-23-000031
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maximus adds proxy access, updates advance notice; shareholders elect all directors
--------------------------------------------------------------------------------

- New bylaw allows shareholder or group of up to 20 owning 3% for 3 years to nominate up to 2 or 20% of directors.
- Advance notice window for director nominations changed to 120-90 days before prior annual meeting anniversary.
- At March 14 annual meeting, 96.4% of shares represented; all 8 director nominees elected with 95-97% votes For.
- Ernst & Young ratified as auditor for FY2023 with 97.2% votes For; say-on-pay approved with 95.3% For.
- Advisory frequency of say-on-pay vote set at one year (55.9M votes For one year vs 1.0M for three years).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032220/000103222023000031/0001032220-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032220/000103222023000031/mms-20230314.htm
  HTML page:      https://secwatch.observer/filing/0001032220-23-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer