STOCK TITAN

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.

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

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.

Positive

  • None.

Negative

  • None.
Beneficial ownership 0 shares Shares of Forte Biosciences common stock beneficially owned by each reporting person
Percent of class 0% Percentage of Forte Biosciences common stock reported by each reporting person
Sole voting power 0 shares Shares over which each reporting person has sole power to vote
Shared voting power 0 shares Shares over which each reporting person has shared power to vote
Sole dispositive power 0 shares Shares over which each reporting person has sole power to dispose
Shared dispositive power 0 shares Shares over which each reporting person has shared power to dispose
beneficially owned financial
"Amount beneficially owned: See response to Item 9 on each cover page"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Shared Voting Power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Shared Dispositive Power financial
"7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 0.00"
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

FAQ

What does this Schedule 13G/A filing mean for Forte Biosciences (FBRX)?

The filing reports that Federated Hermes, Inc. and related persons now report 0 shares and 0% beneficial ownership of Forte Biosciences common stock, indicating their holdings have been reduced to below the 5% reporting threshold.

What ownership level in FBRX does Federated Hermes report in this amendment?

Federated Hermes, Inc. and each related reporting person report 0.00 shares beneficially owned and 0% of Forte Biosciences’ common stock, with no sole or shared voting or dispositive power.

Why is this an Amendment No. 4 to the Schedule 13G for FBRX?

This is Amendment No. 4 to a previously filed Schedule 13G, updating the reporting persons’ beneficial ownership in Forte Biosciences common stock to show that they now own 5 percent or less of the class, in fact reporting 0%.

Who are the main reporting persons in this FBRX Schedule 13G/A?

The main reporting persons are Federated Hermes, Inc., the Voting Shares Irrevocable Trust, and individuals Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue, each of whom reports 0 shares and 0% beneficial ownership of FBRX common stock.

Does Federated Hermes retain any voting or dispositive power over FBRX shares?

No. The cover pages state 0.00 sole voting power, 0.00 shared voting power, 0.00 sole dispositive power, and 0.00 shared dispositive power for each reporting person with respect to Forte Biosciences common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





34962G208

(CUSIP Number)
08/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Federated Hermes, Inc.
Signature:/s/J. Christopher Donahue
Name/Title:J. Christopher Donahue, as President of Federated Hermes, Inc.
Date:09/08/2026
Voting Shares Irrevocable Trust
Signature:/s/Thomas R. Donahue
Name/Title:Thomas R. Donahue, as Trustee of Voting Shares Irrevocable Trust
Date:09/08/2026
Signature:/s/Ann C. Donahue
Name/Title:Ann C. Donahue, as Trustee of Voting Shares Irrevocable Trust
Date:09/08/2026
Signature:/s/J. Christopher Donahue
Name/Title:J. Christopher Donahue, as Trustee of Voting Shares Irrevocable Trust
Date:09/08/2026
Thomas R. Donahue
Signature:/s/Thomas R. Donahue
Name/Title:Thomas R. Donahue
Date:09/08/2026
Ann C. Donahue
Signature:/s/Ann C. Donahue
Name/Title:Ann C. Donahue
Date:09/08/2026
J. Christopher Donahue
Signature:/s/J. Christopher Donahue
Name/Title:J. Christopher Donahue
Date:09/08/2026

Comments accompanying signature: SEE EXHIBITS 2 AND 3 ATTACHED Exhibit Information EXHIBIT 1 ITEM 3 CLASSIFICATION OF REPORTING PERSONS EXHIBIT 2 AGREEMENT FOR JOINT FILING OF SCHEDULE 13G EXHIBIT 3 POWER OF ATTORNEY

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