Federated Hermes (NYSE: FHI) CFO awarded 28,544 Class B shares

Rhea-AI Filing Summary

DONAHUE THOMAS R reported acquisition or exercise transactions in this Form 4 filing.

FEDERATED HERMES, INC. executive Thomas R. Donahue, VP, CFO & Treasurer, reported receiving a grant of 28,544 shares of Class B Common Stock on 2026-03-05 at no cost. After this award, his directly held Class B shares total 621,492.

The filing also reports indirect Class B holdings through several vehicles, including The Thomas R. and Frances L. Donahue Grantor Dynasty Trust, MaxFund Partners, L.P., a 401(k) plan, his spouse, The Fran L. Donahue Grantor Trust, The Thomas R. Donahue Grantor Trust, and Maxfund, Inc. A footnote notes 300 shares previously tied to a different trust are now held by The Henry J. Lombard Retirement Trust.

Insider Trade Summary

8 transactions reported

Mixed 8 txns

Insider DONAHUE THOMAS R

Role VP, CFO & Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	28,544	$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 — 621,492 shares (Direct); Class B Common Stock — 19,199 shares (Indirect, Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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 PA 15222-3779

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/05/2026		A		28,544	A	$0	621,492(1)	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:

1. The 300 shares previously reported as owned by the Trust Agreement of Henry J. Lombard FBO Henry G. Lombard for which Mrs. Frances L. Donahue was trustee are now held by The Henry J. Lombard Retirement Trust. Neither Mr. Thomas R. Donahue nor Mrs. Frances L. Donahue serve as trustee for The Henry J. Lombard Retirement Trust.

Remarks:

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

	/s/ John D. Martini (Attorney-in-Fact)	03/06/2026
	** 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.

FAQ

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

Thomas R. Donahue reported receiving a grant of 28,544 shares of Class B Common Stock. The award was recorded at a price of $0.0000 per share, indicating it was a stock grant or award rather than an open-market purchase for cash consideration.

How many Federated Hermes (FHI) shares does Donahue hold directly after the grant?

After the grant, Donahue directly holds 621,492 shares of Class B Common Stock. This total reflects the newly awarded 28,544 shares reported on March 5, 2026, combined with his previously reported directly held Class B share balance.

What indirect holdings of FHI Class B stock are reported for Donahue?

Indirect Class B holdings are reported through several entities, including a grantor dynasty trust, MaxFund Partners, L.P., a 401(k) plan, Donahue’s spouse, The Fran L. Donahue Grantor Trust, The Thomas R. Donahue Grantor Trust, and Maxfund, Inc., each with its own share balance listed.

Was the Federated Hermes (FHI) stock grant to Donahue a purchase or an award?

The transaction is labeled as a grant, award, or other acquisition, not an open-market purchase. It carries transaction code A and a reported price of $0.0000 per share, indicating shares were awarded rather than bought on the market.

What does the Form 4 footnote disclose about previously reported FHI shares?

The footnote explains that 300 shares previously reported as owned by a trust for which Frances L. Donahue served as trustee are now held by The Henry J. Lombard Retirement Trust. It also notes that neither Thomas R. nor Frances L. Donahue serves as trustee of that retirement trust.

Does the Form 4 for FHI show any insider sales by Donahue?

The summarized data shows one acquisition transaction and no reported sales. The grant of 28,544 Class B shares is recorded as a grant or award, and the transaction summary lists zero sell transactions and a neutral net buy/sell share count.