Form 4: Federated Hermes Vice President, Paul A. Uhlman, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Federated Hermes Vice President, Paul A. Uhlman, acquired 18,500 shares and sold 6,311 shares of Class B Common Stock.

Summary

  • Paul A. Uhlman, a Vice President at Federated Hermes, Inc., reported transactions involving the company's Class B Common Stock.
  • On November 18, 2024, Uhlman acquired 18,500 shares at a price of $3 per share.
  • On November 19, 2024, Uhlman sold 6,311 shares at a weighted average price of $41.3882 per share.
  • The sales were executed in 38 transactions with prices ranging from $41.05 to $41.68.
  • Following these transactions, Uhlman beneficially owns 310,767 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company officer. It does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency into the trading activities of company officers.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for publicly traded companies in the United States.
  • The transactions reported are typical for executives who receive stock-based compensation and may sell shares to cover tax obligations.
  • The price range of the sales is within a normal range for market fluctuations.

Stakeholder Impact

  • The transactions may have a minor impact on the stock price due to the volume of shares traded.
  • The filing provides transparency to shareholders regarding insider trading activity.

Key Dates

DateDescription
11/18/2024Paul A. Uhlman acquired 18,500 shares of Class B Common Stock.
11/19/2024Paul A. Uhlman sold 6,311 shares of Class B Common Stock.
11/20/2024Form 4 filing date.

Keywords

Federated Hermes, Class B Common Stock, insider trading, stock transaction, Form 4, Paul A. Uhlman

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