Federated Hermes EVP sells 409 shares for taxes

FEDERATED HERMES, INC. executive Peter J. Germain, EVP, CLO & Sec., reported a small sale of Class B Common Stock.

Rhea-AI Filing Summary

FEDERATED HERMES, INC. executive Peter J. Germain, EVP, CLO & Sec., reported a small sale of Class B Common Stock. He sold 409 shares at $55.31 per share. A footnote explains the sale was made to satisfy tax obligations from the vesting of restricted shares of stock, making it a routine, tax-related transaction rather than a discretionary reduction of his position.

After this sale, Germain directly holds 212,059 Class B shares, so his remaining stake is still substantial compared with the number of shares sold.

Insights

Equity compensation analyst

Small, tax-driven insider sale with limited signal for investors.

EVP, CLO & Sec. Peter J. Germain sold 409 Class B shares of FEDERATED HERMES, INC. at $55.31 per share. The filing notes this was to cover tax obligations from vesting restricted stock, a common administrative step in equity compensation.

After the transaction, he still directly owns 212,059 shares, indicating only a minor trim relative to his overall stake. Because the sale is explicitly linked to tax withholding rather than a discretionary portfolio move, it carries limited informational value about his view of the company’s prospects.

Insider Trade Summary

Net Seller: 409 shares

Net Sell 1 txn

Insider Germain Peter J

Role EVP, CLO & Sec.

Sold 409 shs ($23K)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock	409	$55.31	$23K

Holdings After Transaction: Class B Common Stock — 212,059 shares (Direct)

Footnotes (1)

1. F1. Represents a sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock.

Key Figures

Shares sold: 409 shares Sale price: $55.31 per share Shares owned after transaction: 212,059 shares +1 more

4 metrics

Shares sold 409 shares Class B Common Stock sold on 2026-05-26

Sale price $55.31 per share Price for the 409 shares sold

Shares owned after transaction 212,059 shares Direct Class B holdings following sale

Transactions reported 1 sale Single non-derivative open-market sale

Key Terms

Class B Common Stock, restricted shares of stock, open-market sale, tax obligations

4 terms

Class B Common Stock financial

"He sold 409 shares at $55.31 per share of Class B Common Stock."

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

restricted shares of stock financial

"sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock"

open-market sale financial

"transaction_action is described as an open-market sale of shares"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

tax obligations financial

"sale of shares to satisfy tax obligations arising from the vesting"

FAQ

What insider transaction did FHI executive Peter J. Germain report?

Peter J. Germain reported selling 409 shares of Federated Hermes Class B Common Stock. The sale is documented as an open-market transaction at $55.31 per share and was undertaken to satisfy tax obligations from the vesting of restricted stock awards.

How many Federated Hermes (FHI) shares did Peter J. Germain sell and at what price?

He sold 409 shares of Federated Hermes Class B Common Stock at $55.31 per share. This relatively small sale was carried out to cover tax obligations tied to newly vested restricted stock rather than to materially reduce his investment in the company.

How many Federated Hermes (FHI) shares does Peter J. Germain own after the sale?

Following the reported transaction, Peter J. Germain directly owns 212,059 shares of Federated Hermes Class B Common Stock. This remaining position is large compared with the 409 shares sold, suggesting the filing reflects a routine tax-related adjustment to his holdings.

Why did Federated Hermes executive Peter J. Germain sell shares according to the Form 4?

The footnote states the sale was to satisfy tax obligations arising from the vesting of restricted shares. Such transactions are common when equity awards vest, as executives often sell a portion of shares to cover income tax liabilities created by the vesting event.

What is Peter J. Germain’s role at Federated Hermes (FHI) mentioned in the Form 4?

Peter J. Germain is listed as EVP, CLO & Sec. at Federated Hermes. This means he serves as Executive Vice President, Chief Legal Officer, and Secretary, a senior leadership position typically responsible for legal affairs, governance, and corporate secretary functions at the company.

Does Peter J. Germain’s Form 4 indicate any derivative or option exercises in FHI stock?

The data provided show no derivative transactions or option exercises in this filing. The Form 4 only reports a single non-derivative transaction involving the sale of 409 shares of Class B Common Stock to meet tax obligations from restricted stock vesting.

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Accepted by SEC EDGAR 05/26/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Germain Peter J

(Last) (First) (Middle)

FEDERATED HERMES, INC.

1001 LIBERTY AVENUE

(Street)

PITTSBURGH PENNSYLVANIA 15222-3779

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FEDERATED HERMES, INC. [ FHI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CLO & Sec.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	05/26/2026		S(1)		409	D	$55.31	212,059	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock.

Remarks:

The Power of Attorney dated August 30, 2022, is incorporated herein by reference.

	/s/ John D. Martini (Attorney-in-Fact)	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)