Nusseibeh Saker Anwar 4
Research Summary
AI-generated summary
Federated Hermes (FHI) CEO Saker Anwar Sells 8,950 Shares
What Happened
Saker Anwar, CEO of Federated Hermes Limited, reported an open-market sale of 8,950 shares of Federated Hermes, Inc. (FHI) on June 8, 2026. The reported weighted-average sale price was $57.34, for aggregate proceeds of approximately $513,170. The filing was submitted to the SEC on June 9, 2026.
Key Details
- Transaction type: Sale (open-market/private sale) — Code S.
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-09.
- Shares sold: 8,950; weighted-average price: $57.34; total proceeds ≈ $513,170.
- Price range/volume: Shares were sold in 60 transactions at prices ranging from $56.91 to $57.80 (footnote F1). The reporting person will provide a breakdown of shares sold at each price upon request.
- Shares owned after transaction: Not disclosed in this filing.
- Other footnotes: Power of Attorney dated August 31, 2022, is incorporated by reference. No 10b5‑1 plan, tax-withholding, or late-filing indication is stated in the filing.
Context
This was a straightforward sale of existing shares. Sales by executives are often routine liquidity events and do not by themselves signal a change in company outlook. Retail investors should consider this data point alongside other insider activity and company fundamentals.