Uhlman Paul A 4
Research Summary
AI-generated summary
Federated Hermes (FHI) VP Paul Uhlman Sells 1,021 Shares
What Happened
Paul A. Uhlman, Vice President of Federated Hermes, sold 1,021 shares on May 26, 2026 at $55.30 per share, generating $56,466 in proceeds. The filing identifies the sale as a disposition to satisfy tax obligations arising from the vesting of restricted stock.
Key Details
- Transaction date and price: 2026-05-26, 1,021 shares at $55.30 each.
- Total proceeds: $56,466.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Sale was to satisfy tax withholding obligations from vested restricted shares (F1).
- Remarks: Power of Attorney dated August 30, 2022 is incorporated by reference.
- Filing timeliness: No late-filing indication in the provided record.
Context
Sales to cover tax withholding on vesting awards are common and typically administrative rather than a signal of the insider's view on the company's stock. This was not a purchase (which can be a stronger signal); it was a routine disposition related to compensation tax obligations.