Form 4: Federated Hermes Executive Sells Shares in Recent Transaction
SEC Form 4 Filing
Saker Anwar Nusseibeh, CEO of Federated Hermes Limited, sold 7,365 shares of Class B Common Stock at an average price of $43.0908 on May 19, 2025.
Summary
- On May 19, 2025, Saker Anwar Nusseibeh, CEO of Federated Hermes Limited, sold 7,365 shares of Federated Hermes, Inc.'s Class B Common Stock.
- The sale was executed at a weighted average price of $43.0908 per share.
- The prices for individual transactions ranged from $42.935 to $43.20.
- Following the transaction, Nusseibeh directly owns 178,039 shares of Class B Common Stock.
- The reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in the footnote upon request.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. 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 transactions, providing transparency to the market regarding the actions of company executives. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 08/31/2022 | Date of Power of Attorney incorporated by reference. |
| 05/19/2025 | Date of the stock sale transaction. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Federated Hermes, FHI, Saker Anwar Nusseibeh, stock sale, Form 4, executive, Class B Common Stock
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