Germain Peter J 4
4 · FEDERATED HERMES, INC. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Federated Hermes EVP Peter Germain Sells 5,000 Shares
What Happened
- Peter J. Germain, EVP, Chief Legal Officer & Secretary of Federated Hermes, sold 5,000 shares of FHI in an open-market transaction on May 15, 2026. The filing reports a weighted average sale price of $54.30 per share, for total proceeds of approximately $271,477. The shares were sold in four separate transactions at prices ranging from $54.2901 to $54.33.
Key Details
- Transaction date: 2026-05-15 (reported same day)
- Quantity and value: 5,000 shares sold for about $271,477 (weighted avg $54.30)
- Price range: $54.2901 to $54.33 across four trades (see footnote F1 for breakdown offer)
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing
- Footnotes/remarks: F1 notes the reported price is a weighted average and the filer can provide the number of shares sold at each price on request; a Power of Attorney dated Aug 30, 2022 is incorporated by reference
- 10b5-1 / tax withholding / gift indicators: None disclosed in this filing
Context
- This was a sale by a company officer rather than a purchase; sales can reflect routine liquidity or diversification and are not, by themselves, a clear bullish signal. The transaction was executed as multiple open-market trades; no option exercise, grant, or gift is indicated in this report.
Insider Transaction Report
Form 4
Germain Peter J
EVP, CLO & Sec.
Transactions
- Sale
Class B Common Stock
[F1]2026-05-15$54.30/sh−5,000$271,477→ 212,468 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in 4 transactions at prices ranging from $54.2901 to $54.33 inclusive. The reporting person undertakes to provide to Federated Hermes, Inc., any security holder of Federated Hermes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ John D. Martini (Attorney-in-Fact)|2026-05-15