Germain Peter J 4

What Happened
Peter J. Germain, EVP, Chief Legal Officer & Secretary of Federated Hermes (FHI), sold 409 shares in an open-market/private sale on 2026-05-26 at $55.31 per share, for total proceeds of $22,622. The filing notes the sale was to satisfy tax obligations arising from the vesting of restricted stock.

Key Details

• Transaction date and price: 2026-05-26 — 409 shares sold at $55.31 each.
• Proceeds: $22,622 (gross).
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnote: sale executed to satisfy tax withholding related to vesting of restricted shares (Footnote F1).
• Filing timeliness: Period of report and filing date are 2026-05-26 — no late filing indicated.
• Remarks: Power of Attorney dated August 30, 2022, is incorporated by reference.

Context
This was a sale to cover taxes on vested restricted stock, a common administrative transaction that does not necessarily indicate the insider’s view on the company’s outlook. Sales to satisfy tax withholding are routine and generally less informative than open-market purchases, which can signal insider confidence.