Federated Hermes (FHI) compliance chief reports share sale and stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Federated Hermes, Inc. executive Stephen Van Meter, VP and Chief Compliance Officer, reported two transactions in Class B Common Stock. He executed an open-market sale of 448 shares at a weighted-average price of $56.5046 per share to satisfy tax obligations from the vesting of restricted stock.
On the same date, he received a grant/award of 1,448 shares at no cost. After these transactions, Van Meter directly owned 32,889 Class B shares of Federated Hermes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 448 shares ($25,314)
Net Sell
2 txns
Insider
Van Meter Stephen
Role
VP, Chief Compliance Officer
Sold
448 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 448 | $56.5046 | $25K |
| Grant/Award | Class B Common Stock | 1,448 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 31,441 shares (Direct)
Footnotes (1)
- Represents a sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock. The price reported in Column 4 is a weighted average price. These shares were sold in 6 transactions at prices ranging from $56.42 to $56.6422 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
What insider transactions did Stephen Van Meter report at Federated Hermes (FHI)?
Stephen Van Meter reported both a sale and an award of shares. He sold 448 shares of Federated Hermes Class B Common Stock and received a grant of 1,448 shares, all reported as direct ownership transactions in the Form 4 filing.