Form 4: Federated Hermes Director Michael Farrell Reports Transactions in Class B Common Stock
SEC Form 4 Filing
Director Michael J. Farrell reports acquisition and disposal of Federated Hermes, Inc. Class B Common Stock.
Summary
- On April 26, 2024, Michael J. Farrell, a director of Federated Hermes, Inc., reported a transaction involving Class B Common Stock.
- Farrell acquired 2,400 shares of Class B Common Stock at an unspecified price.
- Farrell also disposed of 30,000 shares of Class B Common Stock.
- Following the reported transactions, Farrell directly owns 52,050 shares of Class B Common Stock.
- Farrell also indirectly owns shares through the Farrell Family Partnership (50,200 shares), the Michael J. Farrell Charitable Remainder Unit Trust (10,000 shares), and The MJF 2011 Trust (10,000 shares).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of the reported transaction (acquisition and disposal of Class B Common Stock). |
| 04/29/2024 | Date of signature of the report. |
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