Federated Hermes (NASDAQ: OVID) holds 7.74M shares, 4.15% disclosed
Rhea-AI Filing Summary
Federated Hermes, Inc. filed Amendment No. 1 to a Schedule 13G reporting shared beneficial ownership of 7,737,166 shares of Ovid Therapeutics common stock, representing 4.15% of the class. The filing lists Federated Hermes, the Voting Shares Irrevocable Trust and named trustees, and includes joint‑filing and power‑of‑attorney exhibits. The filing states the named parties expressly disclaim beneficial ownership of securities held by Managed Funds in accordance with Rule 13d‑4.
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Insights
Amendment updates a passive 13G stake: shared 7,737,166 shares (4.15%).
The document shows shared voting and dispositive power of 7,737,166 shares held by Federated Hermes and affiliated trustees. The filing is an ownership disclosure under Schedule 13G/A and is routine for institutional investors reporting passive positions.
Exhibits for joint filing and power of attorney are attached; the report disclaims beneficial ownership of Fund‑held securities under the stated Rule. Subsequent filings will show changes if the position or classification changes.
Key Figures
Key Terms
Schedule 13G/A regulatory
Rule 13d‑4 regulatory
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