Form 4: FHI VP Sells Shares for Tax Obligations

Federated Hermes VP Stephen Van Meter sold 430 Class B Common Stock shares for $50.71 each to cover tax obligations from restricted stock vesting.

Summary

• Stephen Van Meter, VP and Chief Compliance Officer of Federated Hermes, Inc. (FHI), reported a sale of Class B Common Stock.
• The transaction involved the disposition of 430 shares of Class B Common Stock.
• The shares were sold at a price of $50.71 per share.
• The sale was conducted on August 4, 2025, and was made pursuant to a Rule 10b5-1(c) plan.
• The purpose of the sale was to satisfy tax obligations arising from the vesting of restricted shares of stock.
• Following this transaction, Stephen Van Meter beneficially owns 29,596 shares of Class B Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine insider sale to cover tax obligations from restricted stock vesting, which is a neutral event and does not indicate a change in company fundamentals or management's confidence.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as the transaction is a routine insider sale for tax purposes and represents a small fraction of outstanding shares.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Federated Hermes, FHI, Insider Trading, Form 4, Stock Sale, Executive Compensation, Tax Obligations, Compliance Officer