Federated Hermes (FHI) PAO Richard Novak Sells 14,000 Shares

What Happened
Richard A. Novak, Principal Accounting Officer of Federated Hermes, Inc. (FHI), sold 14,000 shares in open-market transactions on February 17, 2026. The reported weighted-average price was $55.25 per share, for total proceeds of approximately $773,545. The shares were disposed in five trades at prices ranging from $55.2405 to $55.32.

Key Details

• Transaction type: Sale (open market), reporting code S.
• Transaction date: 2026-02-17; Filing date: 2026-02-18 (filed the next day).
• Price: Weighted average $55.25; individual trades ranged $55.2405–$55.32 (5 transactions).
• Shares sold: 14,000; Proceeds: ~$773,545.
• Shares owned after transaction: Not stated in the filing.
• Footnotes: F1 notes the weighted-average price and offers to provide the per-trade breakdown on request. Remarks reference a Power of Attorney dated Aug 30, 2022.

Context
This was an open-market sale (routine disposition) rather than a purchase or option exercise. Sales by officers can be routine—this filing is informational and does not, by itself, indicate company performance or insider sentiment.