Form 4: Federated Hermes VP Stephen Van Meter Reports Sale of Class B Common Stock

Stephen Van Meter, VP and Chief Compliance Officer of Federated Hermes, Inc., reported the sale of 1,079 shares of Class B Common Stock on June 17, 2024.

Summary

• Stephen Van Meter, a VP and Chief Compliance Officer at Federated Hermes, Inc., filed a Form 4 with the SEC.
• The form reports a transaction that occurred on June 17, 2024.
• Van Meter sold 1,079 shares of Class B Common Stock at a price of $31.4683 per share.
• Following the transaction, Van Meter directly owns 31,839 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock sale by a company officer, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors.

Stakeholder Impact

• The sale of shares by a company officer can sometimes be perceived negatively by shareholders, but in this case, the number of shares sold is relatively small and unlikely to have a significant impact.

Key Dates