Federated Hermes (FHI) CEO Saker Anwar Sells Shares
$FHI · FEDERATED HERMES, INC.Research Summary
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Federated Hermes (FHI) CEO Saker Anwar Sells Shares
What Happened
Saker Anwar, CEO of Federated Hermes Limited, sold a total of 7,030 shares of Federated Hermes, Inc. in open-market transactions on August 4, 2026. The filing reports two disposals: 6,400 shares at a weighted average price of $64.19 (reported value $410,842) and 630 shares at a weighted average price of $64.76 (reported value $40,798), for a combined proceeds figure of about $451,640. This transaction is a sale (not a purchase), which is often routine insider selling and does not by itself indicate company performance.
Key Details
- Transaction date: August 4, 2026; Form 4 filed August 5, 2026 (timely filing).
- Prices and breakdown: 6,400 shares at $64.19 (weighted avg; sold in 53 trades, prices ranged $63.72–$64.70) and 630 shares at $64.76 (weighted avg; sold in 6 trades, prices ranged $64.72–$64.87). Reporting person can provide per-price breakdown on request (see footnotes F1/F2).
- Total reported proceeds: $410,842 + $40,798 = $451,640.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Other note: The Power of Attorney dated Aug 31, 2022 is incorporated by reference in the filing.
Context
This was an open-market sale (S) by an executive of a subsidiary entity; sales are commonly for personal or portfolio reasons and are not direct indicators of company outlook. The filing appears timely (filed one day after the transactions). No grants, exercises, or gifts were reported in this Form 4.