SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DONAHUE THOMAS R

(Last) (First) (Middle)
1001 LIBERTY AVENUE

(Street)
PITTSBURGH PA 15222-3779

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FEDERATED HERMES, INC. [ FHI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
VP, CFO & Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 03/06/2024 A 34,737 A $0.00 596,399 D
Class B Common Stock 19,199 I Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust
Class B Common Stock 421,690 I Held indirectly by MaxFund Partners, L.P.
Class B Common Stock 72 I Held indirectly by 401(k) Plan
Class B Common Stock 8,095(1) I Held indirectly by spouse
Class B Common Stock 27,544 I The Fran L. Donahue Grantor Trust
Class B Common Stock 37,544 I The Thomas R. Donahue Grantor Trust
Class B Common Stock 2,000 I Maxfund, Inc.
Class B Common Stock 300(1) I Held indirectly by Trust Agreement of Henry J. Lombard FBO Henry G. Lombard
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Trust Agreement of Henry J. Lombard FBO Marianne Herdani was terminated and the 300 shares of Federated Hermes, Inc. Class B Common Stock ("FHI") it previously held, in which the reporting person had an indirect interest, were split equally between the Trust Agreement of Henry J. Lombard FBO Henry G. Lombard and the Trust Agreement of Henry J. Lombard FBO Frances L. Donahue, in which the reporting person also had an indirect interest. The Trust Agreement of Henry J. Lombard FBO Frances L. Donahue was subsequently terminated and the 300 shares of FHI it held were transferred to its beneficiary, Frances L. Donahue, the reporting person's spouse. The transfers did not involve any public sale of shares. The reporting person disclaims beneficial ownership of the shares of FHI held by his spouse and the Trust Agreement of Henry J. Lombard FBO Henry G. Lombard except to the extent of his pecuniary interest therein.
Remarks:
The Power of Attorney dated April 24, 2014 is incorporated herein by reference.
/s/ John D. Martini (Attorney-in-Fact) 03/07/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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