Uhlman Paul A 4
4 · FEDERATED HERMES, INC. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Federated Hermes (FHI) VP Paul A. Uhlman Sells Shares
What Happened
Paul A. Uhlman, Vice President of Federated Hermes, sold a total of 72,392 shares in open-market transactions on March 12, 2026. The sales were reported in two groups: 62,105 shares at a weighted-average price of $56.15 (proceeds $3,487,239) and 10,287 shares at a weighted-average price of $56.72 (proceeds $583,516), for combined gross proceeds of approximately $4,070,755. These were outright sales (not option exercises or gifts).
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-16 (filed within the required two business days).
- Sale details:
- 62,105 shares at weighted avg $56.15 (110 transactions; prices ranged $55.58–$56.56) — footnote F1.
- 10,287 shares at weighted avg $56.72 (27 transactions; prices ranged $56.59–$56.86) — footnote F2.
- Total shares sold: 72,392; total reported proceeds: ~$4.07M.
- Shares owned after transaction: not specified in the excerpt provided.
- No 10b5-1 plan, tax withholding, or derivative/option exercise was disclosed in this filing; Power of Attorney dated Aug 30, 2022 is incorporated by reference.
Context
These were open-market sales (common insider liquidity or portfolio-management activity). Sales do not necessarily indicate negative company outlook; purchases typically carry more weight for signaling insider confidence. The trades were executed in many small transactions (137 total across the two groups), per the footnotes, and no additional plan or motivation was disclosed in the Form 4 excerpt.
Insider Transaction Report
- Sale
Class B Common Stock
[F1]2026-03-12$56.15/sh−62,105$3,487,239→ 274,274 total - Sale
Class B Common Stock
[F2]2026-03-12$56.72/sh−10,287$583,516→ 263,987 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in 110 transactions at prices ranging from $55.58 to $56.56 inclusive. The reporting person undertakes to provide to Federated Hermes, Inc., any security holder of Federated Hermes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in 27 transactions at prices ranging from $56.59 to $56.86 inclusive. The reporting person undertakes to provide to Federated Hermes, Inc., any security holder of Federated Hermes, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.