Form 4: Federated Hermes VP Theodore Zierden III Reports Stock Transactions

Federated Hermes Vice President Theodore W. Zierden III reports the sale and acquisition of Class B Common Stock on March 4th and 5th, 2025.

Summary

• Theodore W. Zierden III, a Vice President at Federated Hermes, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 4, 2025, Zierden sold 4,082 shares of Class B Common Stock at a weighted average price of $37.4929 per share.
• These shares were sold in 35 transactions at prices ranging from $37.18 to $37.88.
• The sale was to satisfy tax obligations arising from the vesting of restricted shares of stock.
• On March 5, 2025, Zierden acquired 10,338 shares of Class B Common Stock at $0.
• Following these transactions, Zierden directly owns 137,577 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. This filing indicates the transactions of a Vice President at Federated Hermes, a publicly traded company.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.
• The sale to cover tax obligations is a normal part of executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, Stock Acquisition, Federated Hermes, Zierden, FHI, Class B Common Stock