STOCK TITAN

EVP at Federated Hermes (NYSE: FHI) sells 5,000 Class B shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Federated Hermes, Inc. executive vice president and chief legal officer Peter J. Germain reported an open-market sale of 5,000 shares of Class B Common Stock at a weighted average price of $54.2954 per share. After this transaction, he directly holds 212,468 shares of Class B Common Stock.

Positive

  • None.

Negative

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Insider Germain Peter J
Role EVP, CLO & Sec.
Sold 5,000 shs ($271K)
Type Security Shares Price Value
Sale Class B Common Stock 5,000 $54.2954 $271K
Holdings After Transaction: Class B Common Stock — 212,468 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 5,000 shares Open-market sale of Class B Common Stock
Average sale price $54.2954 per share Weighted average sale price for 5,000 shares
Post-transaction holdings 212,468 shares Directly owned Class B Common Stock after sale
Price range of trades $54.2901–$54.33 per share Four individual transactions within this range
Class B Common Stock financial
"The transaction involved Class B Common Stock of Federated Hermes."
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.
open-market sale financial
"The sale was an open-market transaction at a weighted average price."
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.
weighted average price financial
"The 5,000 shares were sold at a weighted average of $54.2954."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CLO & Sec.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class B Common Stock05/15/2026S5,000D$54.2954(1)212,468D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in 4 transactions at prices ranging from $54.2901 to $54.33 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)05/15/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Federated Hermes (FHI) report for Peter J. Germain?

Peter J. Germain reported selling 5,000 Class B Common shares. The sale was an open-market transaction at a weighted average price of $54.2954 per share, and it was disclosed in a Form 4 insider trading report.

At what price did the Federated Hermes (FHI) EVP sell shares?

The 5,000 shares were sold at a weighted average of $54.2954. According to the disclosure, the trades occurred in four separate transactions at prices ranging from $54.2901 to $54.33 per share, all on the same reported date.

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

After the reported sale, he directly holds 212,468 shares. This post-transaction ownership figure reflects his remaining position in Federated Hermes Class B Common Stock, as shown in the Form 4 filing.

What type of security did the Federated Hermes (FHI) insider sell?

The transaction involved Class B Common Stock of Federated Hermes. The Form 4 specifies that 5,000 shares of this non-derivative security were sold in an open-market transaction, with direct ownership reported after the sale.

Was the Federated Hermes (FHI) insider sale a market trade or a private transfer?

The filing describes the transaction as an open-market sale. The transaction code “S” and the description state it was a sale in the open market or private transaction, with pricing details indicating market-style trades within a narrow range.