Was Paul A. Uhlman’s Federated Hermes (FHI) share sale a single trade or multiple trades?

The Form 4 reports a single aggregated line item but notes the shares were sold in 23 separate trades. These trades occurred between $58.55 and $58.80 per share and are reported as one weighted-average transaction at $58.6695.

Federated Hermes (FHI) VP sells 6,145 shares to cover taxes

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Federated Hermes, Inc. vice president Paul A. Uhlman sold 6,145 shares of Class B common stock in an open-market transaction at a weighted average price of $58.6695 per share. The sale on June 16, 2026 was made to satisfy tax obligations from the vesting of restricted stock.

After this transaction, Uhlman directly holds 296,821 shares, so the sale represents a small portion of his overall position.

Insider Trade Summary

Net Seller: 6,145 shares ($360,524)

Net Sell 1 txn

Insider Uhlman Paul A

Role Vice President

Sold 6,145 shs ($361K)

Type	Security	Shares	Price	Value
Sale	Class B Common Stock	6,145	$58.6695	$361K

Holdings After Transaction: Class B Common Stock — 296,821 shares (Direct, null)

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 23 transactions at prices ranging from $58.55 to $58.80 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.

Key Figures

Shares sold: 6,145 shares Weighted average sale price: $58.6695 per share Post-transaction holdings: 296,821 shares +2 more

5 metrics

Shares sold 6,145 shares Open-market sale on June 16, 2026

Weighted average sale price $58.6695 per share Class B common stock sale

Post-transaction holdings 296,821 shares Direct ownership after sale

Price range of trades $58.55–$58.80 per share 23 individual sale transactions

Net shares sold 6,145 shares Net-sell direction in transaction summary

Key Terms

open-market sale, restricted shares of stock, weighted average price

3 terms

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.

restricted shares of stock financial

"tax obligations arising from the vesting of restricted shares of stock"

weighted average price financial

"The price reported in Column 4 is a weighted average price."

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/17/2026 - 04:06 PM Accepted by SEC EDGAR 06/17/2026 - 04:05 PM

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^*

Uhlman Paul A

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	06/16/2026		S⁽¹⁾		6,145	D	$58.6695⁽²⁾	296,821	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock.

2. The price reported in Column 4 is a weighted average price. These shares were sold in 23 transactions at prices ranging from $58.55 to $58.80 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)	06/17/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Federated Hermes (FHI) report for Paul A. Uhlman?

Federated Hermes reported that vice president Paul A. Uhlman sold 6,145 shares of Class B common stock. The sale was an open-market transaction tied to tax obligations from the vesting of restricted stock rather than a discretionary portfolio decision.

At what price did Paul A. Uhlman sell Federated Hermes (FHI) shares?

Uhlman sold 6,145 Federated Hermes Class B shares at a weighted average price of $58.6695. Footnotes state the 23 individual trades ranged from $58.55 to $58.80 per share, all executed as part of this tax-related transaction.

How many Federated Hermes (FHI) shares does Paul A. Uhlman hold after the sale?

After the transaction, Uhlman directly holds 296,821 shares of Federated Hermes Class B common stock. This indicates the 6,145 shares sold for tax obligations represent a relatively small fraction of his total reported share ownership.

Why did Paul A. Uhlman sell Federated Hermes (FHI) shares in this Form 4 filing?

The filing states the sale was made to satisfy tax obligations from the vesting of restricted shares. This means the transaction is primarily a tax-payment event, not a traditional discretionary sale based on Uhlman’s view of Federated Hermes stock.