Form 4: Federated Hermes Vice Chairman Ceresino Reports Gift of Class B Common Stock
SEC Form 4 Filing
Gordon J. Ceresino, Vice Chairman of Federated Hermes, reports gifting Class B Common Stock on April 8, 2024.
Summary
- On April 8, 2024, Gordon J. Ceresino, Vice Chairman of Federated Hermes, gifted 19,885 shares of Class B Common Stock.
- Following the transaction, Ceresino directly owns 114,188 shares of Class B Common Stock.
- He also indirectly owns 34,742 shares through the Ceresino Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a gift of stock. It doesn't convey strong positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It doesn't necessarily reflect a strategic shift or material event for Federated Hermes.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 08/31/2022 | Date of Power of Attorney incorporated by reference |
| 04/08/2024 | Date of transaction: Gift of Class B Common Stock |
| 04/09/2024 | Date of signature for the Form 4 filing |
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