Form 4: Federated Hermes CFO Thomas Donahue Reports Stock Disposal

Thomas R. Donahue, CFO and Treasurer of Federated Hermes, Inc., reported the disposal of 32,000 shares of Class B Common Stock on October 11, 2024.

Summary

• Thomas R. Donahue, the VP, CFO & Treasurer of Federated Hermes, Inc., filed a Form 4 with the SEC on October 11, 2024.
• The filing reports a transaction where 32,000 shares of Class B Common Stock were disposed of at a price of $0.
• Following the transaction, Donahue directly owns 564,399 shares.
• Donahue also indirectly owns shares through various trusts, partnerships, and plans, 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 document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the buying and selling activity of individuals with access to non-public information.

Key Dates