Hanlon Karen 4

What Happened Karen Hanlon, a director of Federated Hermes, Inc. (FHI), was granted 2,000 shares on May 1, 2026. The Form 4 reports the award as an acquisition (code A) of 2,000 shares at a reported acquisition price of $0.00 (total reported cost $0). This was an equity award/grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01 (reported on Form 4 filed 2026-05-04; accession 0001193125-26-203957)
• Transaction type/code: Award/Grant (A) — 2,000 shares acquired at $0.00 per share
• Reported total acquisition amount: $0 (acquisition price reported as $0.00)
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnote: The filing incorporates a Power of Attorney dated February 23, 2024 by reference
• Timeliness: Form 4 was filed on May 4, 2026; the filing itself does not indicate a late-report flag

Context Equity awards to directors are commonly part of compensation (e.g., restricted stock or RSUs) and do not by themselves indicate the director is buying or selling shares for investment reasons. Because this is an award (not a sale), it’s less directly interpretable as a bullish or bearish signal. Retail investors should consider company disclosures and broader insider activity for additional insight.