Federated Hermes exec sells shares, gets stock grant
Saker Anwar Nusseibeh, an executive of Federated Hermes, reported activity in Federated Hermes Class B common stock.
Rhea-AI Filing Summary
Saker Anwar Nusseibeh, an executive of Federated Hermes, reported activity in Federated Hermes Class B common stock. On March 5, 2026, he sold 6,161 shares at a weighted-average price of $56.5008 per share and received a grant of 10,609 shares at no cost. Footnote disclosure states that a share sale was used to satisfy tax obligations from the vesting of restricted stock and involved 30 trades between $56.32 and $56.82 per share. After these transactions, he directly holds 160,226 Class B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,161 shares
Net Sell
2 txns
Insider
Nusseibeh Saker Anwar
Role
CEO, Federated Hermes Limited
Sold
6,161 shs ($348K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 6,161 | $56.5008 | $348K |
| Grant/Award | Class B Common Stock | 10,609 | $0.00 | $0.00 |
Holdings After Transaction:
Class B Common Stock — 160,226 shares (Direct)
Footnotes (2)
- F1. Represents a sale of shares to satisfy tax obligations arising from the vesting of restricted shares of stock.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in 30 transactions at prices ranging from $56.32 to $56.82 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: 6,161 shares
Sale price (weighted average): $56.5008 per share
Price range of sale trades: $56.32 to $56.82 per share
+2 more
5 metrics
Shares sold
6,161 shares
Class B Common Stock sold on March 5, 2026
Sale price (weighted average)
$56.5008 per share
Weighted-average price across 30 sale transactions
Price range of sale trades
$56.32 to $56.82 per share
Range of prices for the 30 sale transactions
Shares granted
10,609 shares
Class B Common Stock award on March 5, 2026
Post-transaction holdings
160,226 shares
Direct Class B Common Stock held after reported transactions
Key Terms
Class B Common Stock, restricted shares of stock, weighted average price
3 terms
Class B Common Stock financial
"Reported transactions involved 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.
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.
FAQ
What insider transactions did FHI report for Saker Anwar Nusseibeh?
Saker Anwar Nusseibeh reported selling 6,161 Class B shares on March 5, 2026 at a weighted-average price of $56.5008 per share and receiving a grant of 10,609 shares at no cost, changing his direct holdings but remaining a significant shareholder.
Did the Federated Hermes (FHI) Form 4 indicate a Rule 10b5-1 trading plan?
The Form 4 checkbox for Rule 10b5-1 trading plans was not marked as affirmatively used, indicating the reported transactions were not disclosed as being executed under a pre-arranged 10b5-1 plan for Federated Hermes (FHI) Class B common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.