Forte Biosciences holder Federated Hermes exits stake
Federated Hermes and related parties report 0% beneficial ownership of Forte Biosciences common stock, reducing their stake to below 5% of the class.
Rhea-AI Filing Summary
Forte Biosciences, Inc. (FBRX) is the subject of an Amendment No. 4 to a Schedule 13G filing in which Federated Hermes, Inc. and related reporting persons disclose that they no longer beneficially own Forte Biosciences common stock at or above reporting thresholds. The cover pages state 0 shares beneficially owned, with 0% of the class, and no sole or shared voting or dispositive power for each reporting person.
The amendment also notes that the reporting persons now fall under the category "Ownership of 5 percent or less of a class," with execution supported by multiple signatures from officers and trustees of Federated Hermes, Inc. and the Voting Shares Irrevocable Trust.
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Key Terms
beneficially owned financial
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Sole Dispositive Power financial
parent holding company financial
FAQ
What does this Schedule 13G/A filing mean for Forte Biosciences (FBRX)?
What ownership level in FBRX does Federated Hermes report in this amendment?
Why is this an Amendment No. 4 to the Schedule 13G for FBRX?
Who are the main reporting persons in this FBRX Schedule 13G/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.