other_material
confidence high
sentiment neutral
materiality 0.15
Maximus amends bylaws to enhance shareholder proposal disclosure requirements
MAXIMUS, INC.
- Shareholders must disclose derivative instruments held within past 24 months and performance-related fees tied to stock value.
- Disclosure now includes short interests, rights to dividends separated from shares, and material relationships with nominees for past three years.
- Maximum number of director nominees a shareholder may submit is limited to the number of directors to be elected at the meeting.
- Proposing shareholders must certify compliance with applicable law and update information as of record date and before the meeting.
- Bylaws also require full text of business proposals and conform notice provisions to Virginia Stock Corporation Act.
item 5.03item 9.01