Form 4: Federated Hermes Vice President Sells Shares for Tax Obligations
Insider Transaction Report
Paul A. Uhlman, Vice President at Federated Hermes, Inc., sold 1,000 shares of Class B Common Stock to cover tax liabilities from restricted stock vesting.
Summary
- Paul A. Uhlman, a Vice President at Federated Hermes, Inc. (FHI), reported a transaction involving the sale of 1,000 shares of Class B Common Stock.
- The transaction occurred on June 16, 2025, and was executed under a Rule 10b5-1(c) plan.
- The shares were sold at a weighted average price of $42.6277 per share, with individual sales ranging from $42.61 to $42.6609.
- The purpose of the sale was to satisfy tax obligations arising from the vesting of restricted shares of stock.
- Following this transaction, Mr. Uhlman beneficially owns 315,930 shares of Class B Common Stock.
- The filing was signed by John D. Martini, Attorney-in-Fact, on June 17, 2025, under a Power of Attorney dated August 30, 2022.
Sentiment
Score: 5
Explanation: The transaction is a routine sale of shares to cover tax obligations from restricted stock vesting, which is a neutral event for the company's operational performance or strategic direction.
Future Outlook
N/A
Management Comments
- The sale of shares was conducted to satisfy tax obligations arising from the vesting of restricted shares of stock.
Industry Context
This Form 4 filing details a routine insider transaction specific to Federated Hermes, Inc. and does not provide broader industry context or trends.
Stakeholder Impact
- The sale of 1,000 shares by a Vice President is a minor transaction unlikely to significantly impact shareholders, employees, customers, suppliers, or creditors, as it is a routine part of executive compensation and tax planning.
Key Dates
| Date | Description |
|---|---|
| 2022-08-30 | Date of Power of Attorney granted to John D. Martini |
| 2025-06-16 | Date of reported transaction (sale of shares) |
| 2025-06-17 | Date Form 4 was signed by Attorney-in-Fact |
Keywords
Federated Hermes, FHI, Insider Trading, Form 4, Stock Sale, Executive Compensation, Paul A. Uhlman, Tax Obligations, Restricted Stock
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