Federated Hermes (FHI) EVP Peter J. Germain Sells 5,000 Shares

What Happened

Peter J. Germain, EVP, Chief Legal Officer & Secretary of Federated Hermes, sold 5,000 shares of FHI stock in an open-market transaction on August 20, 2026. The reported weighted-average sale price was $63.17 per share, for total proceeds of approximately $315,867. This was a sale (S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-08-20 (reported on Form 4 filed 2026-08-21) — filing appears timely.
• Price: weighted-average $63.17 per share; sale executed in 11 transactions at prices ranging $63.1703–$63.1705.
• Shares sold: 5,000; proceeds ≈ $315,867.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: reporting person offers to provide breakdown of number of shares sold at each separate price within the small range; Power of Attorney dated Aug 30, 2022 is incorporated by reference.
• Transaction code: S = Sale (open market/private sale).

Context

• A straight open-market sale is generally viewed as routine insider selling and does not by itself indicate company performance or insider sentiment.
• No options were exercised and no gifts or tax-withholding transactions are reported in this filing.