Form 4: Federated Hermes CFO Thomas Donahue Reports Share Acquisition

Sentiment:

SEC Form 4 Filing


Thomas R. Donahue, CFO and Treasurer of Federated Hermes, Inc., reports acquiring shares of Class B Common Stock on March 5, 2025.

Summary

  • Thomas R. Donahue, the VP, CFO & Treasurer of Federated Hermes, Inc., reported a transaction on March 5, 2025.
  • He acquired 36,274 shares of Class B Common Stock at $0.
  • Following the transaction, Donahue directly owns 600,473 shares.
  • He also indirectly owns shares through various trusts and partnerships, including The Thomas R. and Frances L. Donahue Grantor Dynasty Trust (19,199 shares), MaxFund Partners, L.P. (421,690 shares), 401(k) Plan (72 shares), spouse (8,095 shares), The Fran L. Donahue Grantor Trust (27,544 shares), The Thomas R. Donahue Grantor Trust (37,544 shares), Maxfund, Inc. (2,000 shares), and Trust Agreement of Henry J. Lombard FBO Henry G. Lombard (300 shares).

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard reporting of insider trading activity. The acquisition itself could be seen as slightly positive, but the document is primarily informational.

Positives

  • The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company executives regarding their ownership of company stock.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholders if it signals confidence from the CFO.

Key Dates

DateDescription
08/30/2022Date of Power of Attorney incorporated by reference.
03/05/2025Date of transaction: Acquisition of Class B Common Stock.
03/06/2025Date of signature by Attorney-in-Fact.

Keywords

Federated Hermes, Thomas Donahue, FHI, Class B Common Stock, Beneficial Ownership, SEC Form 4, Insider Trading

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