FHI CFO Donahue reports gift of 31,200 Class B shares

FEDERATED HERMES, INC. executive Thomas R. Donahue reported a bona fide gift of 31,200 shares of Class B Common Stock.

Rhea-AI Filing Summary

FEDERATED HERMES, INC. executive Thomas R. Donahue reported a bona fide gift of 31,200 shares of Class B Common Stock. The gift was made at a reported price of $0.00 per share and left him with 560,292 Class B shares held directly.

He also reports several indirect Class B holdings, including shares held through MaxFund Partners, L.P., personal grantor trusts, a dynasty trust, a spouse, a 401(k) plan, and Maxfund, Inc.

Insights

Equity compensation and insider-trading analyst

FHI CFO reports a routine gift of shares, not a market sale.

Thomas R. Donahue, VP, CFO & Treasurer of FEDERATED HERMES, INC., reported a bona fide gift of 31,200 Class B Common shares at a stated price of $0.00 per share. This is a non-cash, non-market transaction.

Following the gift, Donahue directly holds 560,292 Class B shares and reports additional indirect holdings through multiple entities and family-related vehicles. Because the disposition is a gift rather than an open-market sale, it carries limited informational value about his view of the stock.

Insider Trade Summary

31,200 shares gifted

Gift 8 txns

Insider DONAHUE THOMAS R

Role VP, CFO & Treasurer

Type	Security	Shares	Price	Value
Gift	Class B Common Stock	31,200	$0.00	$0.00
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 560,292 shares (Direct); Class B Common Stock — 19,199 shares (Indirect, Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust); Class B Common Stock — 421,690 shares (Indirect, Held indirectly by MaxFund Partners, L.P.); Class B Common Stock — 72 shares (Indirect, Held indirectly by 401(k) Plan); Class B Common Stock — 8,095 shares (Indirect, Held indirectly by spouse); Class B Common Stock — 27,544 shares (Indirect, The Fran L. Donahue Grantor Trust); Class B Common Stock — 37,544 shares (Indirect, The Thomas R. Donahue Grantor Trust); Class B Common Stock — 2,000 shares (Indirect, Maxfund, Inc.)

Key Figures

Gifted shares: 31,200 shares Gift price: $0.00 per share Direct holdings after gift: 560,292 shares +3 more

6 metrics

Gifted shares 31,200 shares Bona fide gift of Class B Common Stock

Gift price $0.00 per share Reported transaction price for gifted shares

Direct holdings after gift 560,292 shares Class B Common Stock held directly post-transaction

MaxFund Partners, L.P. indirect holding 421,690 shares Class B shares held indirectly via MaxFund Partners, L.P.

Thomas R. Donahue Grantor Trust holding 37,544 shares Class B shares held indirectly via grantor trust

Dynasty Trust holding 19,199 shares Class B shares held indirectly via grantor dynasty trust

Key Terms

bona fide gift, Class B Common Stock, indirect ownership, grantor trust, +1 more

5 terms

bona fide gift financial

"transaction_code_description": "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

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.

indirect ownership financial

""ownership_type": "indirect""

grantor trust financial

"The Thomas R. Donahue Grantor Trust"

A grantor trust is a legal arrangement where the person who puts assets into the trust keeps enough control or rights that, for tax and legal purposes, those assets are treated as still belonging to that person. For investors, that matters because income, gains and losses generated by the trust typically flow through to the grantor (or directly to investors) for tax reporting and distributions, affecting after-tax returns and cash flow predictability — think of it like a mailbox that forwards all the mail back to the sender rather than holding it inside.

401(k) Plan financial

"Held indirectly by 401(k) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

FAQ

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

What insider transaction did FHI executive Thomas R. Donahue report?

Thomas R. Donahue reported a bona fide gift of 31,200 shares of Federated Hermes Class B Common Stock. The gift was recorded at a price of $0.00 per share, indicating a non-cash, non-market transfer to another party.

How many Federated Hermes (FHI) shares does Thomas R. Donahue hold directly after the gift?

After the reported gift, Thomas R. Donahue directly holds 560,292 shares of Federated Hermes Class B Common Stock. This figure reflects his remaining direct ownership position as disclosed in the Form 4 following the 31,200-share bona fide gift.

Was the Federated Hermes (FHI) insider transaction a sale or a gift?

The reported transaction was a bona fide gift, not an open-market sale. Donahue transferred 31,200 Class B shares at a stated price of $0.00 per share, meaning no sale proceeds were involved in this disposition.

What indirect holdings in Federated Hermes (FHI) does Thomas R. Donahue report?

Donahue reports several indirect holdings of Class B shares, including positions held through MaxFund Partners, L.P., Maxfund, Inc., personal grantor trusts, a dynasty trust, his spouse, and a 401(k) plan, as separate from his direct 560,292-share position.

Does the Form 4 for Federated Hermes (FHI) show any insider share purchases or sales?

The Form 4 shows no open-market purchases or sales. It discloses one bona fide gift of 31,200 Class B shares and several holding entries that summarize Donahue’s direct and indirect ownership positions without indicating additional market transactions.

What type of security is involved in Thomas R. Donahue’s Federated Hermes (FHI) filing?

All reported positions and the gift involve Class B Common Stock of Federated Hermes, Inc. The filing details one bona fide gift of 31,200 Class B shares and multiple direct and indirect Class B holdings tied to Donahue and related entities.

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

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Accepted by SEC EDGAR 05/18/2026 - 04:02 PM EDT 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^*

DONAHUE THOMAS R

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, CFO & Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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	05/18/2026		G		31,200	D	$0	560,292	D
Class B Common Stock								19,199	I	Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust
Class B Common Stock								421,690	I	Held indirectly by MaxFund Partners, L.P.
Class B Common Stock								72	I	Held indirectly by 401(k) Plan
Class B Common Stock								8,095	I	Held indirectly by spouse
Class B Common Stock								27,544	I	The Fran L. Donahue Grantor Trust
Class B Common Stock								37,544	I	The Thomas R. Donahue Grantor Trust
Class B Common Stock								2,000	I	Maxfund, Inc.

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:

Remarks:

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

	/s/ John D. Martini (Attorney-in-Fact)	05/18/2026
	** 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)