Form 4: Federated Hermes Executive Sells Shares

Saker Anwar Nusseibeh, CEO of Hermes Fund Managers Ltd., sold 12,152 shares of Federated Hermes, Inc. Class B Common Stock at an average price of $39.8584 on November 4, 2024.

Summary

• On November 4, 2024, Saker Anwar Nusseibeh, CEO of Hermes Fund Managers Ltd., sold 12,152 shares of Federated Hermes, Inc.'s Class B Common Stock.
• The shares were sold at a weighted average price of $39.8584.
• The sales occurred in 38 transactions with prices ranging from $39.58 to $40.05.
• Following the transaction, Nusseibeh directly owns 179,096 shares of Federated Hermes, Inc.
• The reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this footnote upon request.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding transactions by company executives.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates