Bruce Caswell compensation by year
MAXIMUS Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $575,000 | $615,000 | $667,500 | $718,750 | $743,269 | $754,247 | $823,077 | $850,000 | $886,904 | $976,923 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $2,000,000 | $2,200,000 | $2,500,000 | $4,000,000 | $4,400,037 | $4,665,684 | $4,682,108 | $5,588,751 | $6,303,063 | $6,862,177 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $850,000 | $850,000 | $0 | $250,000 | $992,500 | $2,475,000 | $765,000 | $892,500 | $2,970,000 | $3,300,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $6,625 | $8,075 | $6,875 | $7,000 | $8,525 | $11,075 | $16,200 | $18,689 | $20,947 | $71,568 |
| Total | $3,431,625 | $3,673,075 | $3,174,375 | $4,975,750 | $6,144,331 | $7,906,006 | $6,286,385 | $7,349,940 | $10,180,914 | $11,210,668 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MAXIMUS, INC. DEF 14A filed January 22, 2026, accession 0001032220-26-000007, and prior-year filings. Open the filing on EDGAR.
How this page was built: the MAXIMUS, INC. filed document, accession 0001032220-26-000007. Every figure is read from that document and cited to the page and table it appears in. Filed January 22, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 57,504 | $5,254,125 | — |
| PSU | 55,116 | $5,035,976 | — |
| PSU | 41,337 | $3,776,982 | — |
| PSU | 34,503 | $3,152,502 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in MAXIMUS, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
3 Form 4 lines since the FY2025 proxy (filed January 22, 2026)current to 2026-11-05 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-02-10 | Purchase | — | 152 | $76.92 | 324,990.29 |
| 2026-02-10 | Purchase | — | 1,332 | $78.22 | 326,322.29 |
| 2026-02-10 | Purchase | — | 1,691 | $78.77 | 328,013.29 |
The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
MAXIMUS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Bruce Caswell · this page | Chief Executive Officer and President | $11,210,668 |
| David Mutryn | Chief Financial Officer | $3,865,050 |
| John Martinez | Chief Legal Officer | $3,115,715 |
| Ilene Baylinson | General Manager, U.S. Services | $2,737,251 |
| Michelle Link | Chief Human Resources Officer | $2,317,988 |
Board service
MAXIMUS board · FY2021–FY2025How this board is paid
Company policy: MAXIMUS pays directors a $150,000 cash retainer and $150,000 in RSUs. As stated in MAXIMUS's FY2025 proxy.
The full MAXIMUS compensation record
free company briefThis page is one person within MAXIMUS's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the MAXIMUS proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order MAXIMUS's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MAXIMUS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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