Federated Hermes (NYSE: FHI) VP Burke sells 4,000 shares, retains stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FEDERATED HERMES, INC. Vice President Bryan M. Burke reported an open‑market sale of 4,000 shares of Class B Common Stock at $54.2016 per share. After this transaction, he holds 74,921 shares directly and 10,074 shares indirectly through the Bryan M. Burke 2024 Revocable Trust Agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($216,806)
Net Sell
2 txns
Insider
Burke Bryan M
Role
Vice President
Sold
4,000 shs ($217K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 4,000 | $54.2016 | $217K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 74,921 shares (Direct, null);
Class B Common Stock — 10,074 shares (Indirect, Bryan M. Burke 2024 Revocable Trust Agreement)
Footnotes (1)
Key Figures
Shares sold: 4,000 shares
Sale price: $54.2016 per share
Direct holdings after sale: 74,921 shares
+2 more
5 metrics
Shares sold
4,000 shares
Open-market sale of Class B Common Stock
Sale price
$54.2016 per share
Price for 4,000-share sale of Class B Common Stock
Direct holdings after sale
74,921 shares
Class B Common Stock held directly after transaction
Indirect holdings
10,074 shares
Held via Bryan M. Burke 2024 Revocable Trust Agreement
Net buy/sell shares
-4,000 shares
Net effect of reported transactions (net-sell)
Key Terms
Class B Common Stock, open-market sale, indirect ownership, Revocable Trust Agreement
4 terms
Class B Common Stock financial
"security_title: "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.
open-market sale financial
"transaction_action": "open-market sale""
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.
indirect ownership financial
""ownership_type": "indirect""
Revocable Trust Agreement financial
"nature_of_ownership": "Bryan M. Burke 2024 Revocable Trust Agreement""
FAQ
What insider transaction did FHI Vice President Bryan M. Burke report?
Bryan M. Burke reported an open-market sale of 4,000 shares of Federated Hermes Class B Common Stock. The transaction used code S, indicating a sale in the open market or a private transaction at a reported price of $54.2016 per share.
What is the nature of Bryan M. Burke’s indirect ownership in Federated Hermes (FHI)?
His indirect ownership consists of 10,074 shares of Class B Common Stock held through the Bryan M. Burke 2024 Revocable Trust Agreement. This trust-based structure means those shares are reported as indirect, rather than directly owned, in the Form 4 filing.