Federated Hermes (FHI) CFO Donahue makes bona fide gift of 31,200 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insights
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
Mixed
8 txns
Insider
DONAHUE THOMAS R
Role
VP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 31,200 | $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, null);
Class B Common Stock — 19,199 shares (Indirect, Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust)
Footnotes (1)
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
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.
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.
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.