Federated Hermes (FHI) VP Paul Uhlman Sells 6,145 Shares

What Happened
Paul A. Uhlman, Vice President of Federated Hermes, sold 6,145 shares of FHI stock on 2026-06-16 in an open-market transaction. The filing reports a weighted average sale price of $58.67, resulting in gross proceeds of approximately $360,524. This was a sale (routine liquidity), not a purchase or option exercise.

Key Details

• Transaction date: 2026-06-16 (reported on Form 4 filed 2026-06-17).
• Transaction type/code: Sale (S) — open market or private sale.
• Shares sold: 6,145; weighted average price: $58.67; total proceeds: ~$360,524.
• Price range / execution: Sold in 23 transactions at prices from $58.55 to $58.80 (footnote F2).
• Reason given: Shares sold to satisfy tax obligations from the vesting of restricted stock (footnote F1).
• Shares owned after transaction: Not specified in the provided details.
• Filing timeliness: Reported the next day; no late-filing indication.
• Administrative note: Power of Attorney dated Aug 30, 2022 is incorporated by reference (as noted in remarks).

Context
The sale was described as tax-related (withholding to cover tax from vested restricted shares), a common, non-informational transaction for insiders. Such sales generally do not by themselves indicate a change in insider sentiment about the company’s prospects.