Form 4: Federated Hermes VP Reports Share Acquisition and Tax-Related Sale

Federated Hermes Vice President Theodore W Zierden III reported acquiring 18,000 shares and selling 3,721 shares to cover tax obligations.

Summary

• Theodore W Zierden III, Vice President of Federated Hermes, Inc. (FHI), reported transactions involving Class B Common Stock.
• An award or grant of 18,000 shares of Class B Common Stock was received on November 18, 2025, at a price of $3 per share.
• 3,721 shares of Class B Common Stock were disposed of on November 19, 2025, at a weighted average price of $47.8429 per share.
• The sale was conducted to satisfy tax obligations arising from the vesting of restricted shares of stock.
• Following these transactions, Zierden beneficially owns 151,856 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The filing reports an acquisition of shares, likely a grant as part of compensation, and a subsequent sale to cover tax obligations from restricted stock vesting. This is a routine insider transaction and does not strongly indicate a change in management's confidence or the company's outlook.

Positives

• The reporting person received an award of 18,000 shares of Class B Common Stock, increasing their overall stake in the company (net of the tax-related sale).

Negatives

• 3,721 shares of Class B Common Stock were sold to satisfy tax obligations arising from the vesting of restricted shares, reducing the direct beneficial ownership.

Future Outlook

NA

Management Comments

• The Power of Attorney dated August 31, 2022, is incorporated herein by reference.

Industry Context

NA

Stakeholder Impact

• Shareholders: The net increase in insider ownership, even if primarily from compensation, could be viewed as a minor positive signal regarding management's alignment with shareholder interests.

Key Dates

Recommendation

The Form 4 details routine insider transactions, specifically the vesting of restricted stock and a subsequent sale to cover tax obligations, alongside an acquisition likely related to compensation. These events are standard for executive compensation and do not provide a strong signal for a 'buy' or 'sell' recommendation. Investors should consider broader company fundamentals and market conditions.

Keywords

Federated Hermes, FHI, insider transaction, Form 4, stock award, executive compensation, Class B Common Stock