Federated Hermes officer trades Class B common stock

FEDERATED HERMES, INC.

Rhea-AI Filing Summary

FEDERATED HERMES, INC. Principal Accounting Officer Richard A. Novak reported two transactions in Class B Common Stock. On the same date, he executed an open-market sale of 867 shares at a weighted average price of $56.4932 per share, described as a sale to satisfy tax obligations from the vesting of restricted stock. He also received a grant or award of 2,576 shares at no cost. After these transactions, he directly owned 45,209 Class B shares.

Insider Trade Summary

Net Seller: 867 shares

Net Sell 2 txns

Insider Novak Richard A

Role Principal Accounting Officer

Sold 867 shs ($49K)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock	867	$56.4932	$49K
Grant/Award	Class B Common Stock	2,576	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 45,209 shares (Direct)

Footnotes (2)

1. F1. Represents a sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in 10 transactions at prices ranging from $56.42 to $56.82 inclusive. The reporting person undertakes to provide to Federated Hermes, Inc., any security holder of Federated Hermes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did FHI officer Richard A. Novak report?

Richard A. Novak reported one sale and one acquisition of Federated Hermes Class B Common Stock. He sold 867 shares in an open-market transaction and received 2,576 shares as a grant or award on the same date.

How many Federated Hermes (FHI) shares did the officer sell and at what price?

He sold 867 shares of Federated Hermes Class B Common Stock at a weighted average price of $56.4932 per share. The sale price reflected ten individual trades between $56.42 and $56.82 per share, according to the disclosure footnote.

Why did the Federated Hermes (FHI) officer sell 867 shares?

The 867-share sale was reported as being used to satisfy tax obligations arising from the vesting of restricted shares of stock. This indicates the transaction was linked to tax withholding rather than a discretionary portfolio reallocation.

What stock award did the Federated Hermes (FHI) officer receive?

Richard A. Novak received a grant or award of 2,576 shares of Federated Hermes Class B Common Stock. The shares were acquired at a reported price of $0.00 per share, reflecting a non-cash equity award rather than an open-market purchase.

What is the officer’s Federated Hermes (FHI) shareholding after these transactions?

Following the reported sale and stock award, Richard A. Novak directly owned 45,209 shares of Federated Hermes Class B Common Stock. This updated holding reflects both the 867 shares sold and the 2,576 shares acquired through the equity grant.

What role does Richard A. Novak hold at Federated Hermes (FHI)?

Richard A. Novak is identified as an officer of Federated Hermes, serving as the company’s Principal Accounting Officer. The reported transactions relate to his holdings of the company’s Class B Common Stock in that capacity.

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

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Accepted by SEC EDGAR 03/06/2026 - 04:00 PM EST 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^*

Novak Richard A

(Last) (First) (Middle)

FEDERATED HERMES, INC.

1001 LIBERTY AVENUE

(Street)

PITTSBURGH PA 15222-3779

(City) (State) (Zip)

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)
	Principal Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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

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

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

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	03/05/2026		S(1)		867	D	$56.4932(2)	42,633	D
Class B Common Stock	03/05/2026		A		2,576	A	$0	45,209	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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in 10 transactions at prices ranging from $56.42 to $56.82 inclusive. The reporting person undertakes to provide to Federated Hermes, Inc., any security holder of Federated Hermes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

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

	/s/ John D. Martini (Attorney-in-Fact)	03/06/2026
	** 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.