Last updated: 7 March 2024 at 4:09pm EST

Richard Novak Net Worth




The estimated Net Worth of Richard A Novak is at least $3.73 Million dollars as of 5 March 2024. Mr. Novak owns over 908 units of Federated Hermes Inc stock worth over $1,672,237 and over the last 11 years he sold FHI stock worth over $2,061,020. In addition, he makes $0 as Principal Accounting Officer, Vice President, and Assistant Treasurer at Federated Hermes Inc.

Mr. Novak FHI stock SEC Form 4 insiders trading

Richard has made over 36 trades of the Federated Hermes Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 908 units of FHI stock worth $32,752 on 5 March 2024.

The largest trade he's ever made was selling 19,175 units of Federated Hermes Inc stock on 25 November 2022 worth over $719,446. On average, Richard trades about 1,301 units every 83 days since 2013. As of 5 March 2024 he still owns at least 49,068 units of Federated Hermes Inc stock.

You can see the complete history of Mr. Novak stock trades at the bottom of the page.





Richard Novak biography

Richard A. Novak CPA serves as Principal Accounting Officer, Vice President, Assistant Treasurer of the Company. He has served as Vice President, Assistant Treasurer and Principal Accounting Officer of Federated since 2013. Prior to that time, he served as Fund Treasurer of Federated's domestic mutual funds beginning in 2006 and served as the Controller of Federated from 1997 through 2005. He also serves as Senior Vice President, Treasurer, Assistant Treasurer, Assistant Company Secretary, President or director for various other subsidiaries of Federated. Mr. Novak is a Certified Public Accountant.



How old is Richard Novak?

Richard Novak is 56, he's been the Principal Accounting Officer, Vice President, and Assistant Treasurer of Federated Hermes Inc since 2013. There are 16 older and 4 younger executives at Federated Hermes Inc. The oldest executive at Federated Hermes Inc is John Christopher Donahue, 72, who is the Pres, CEO & Chairman.

What's Richard Novak's mailing address?

Richard's mailing address filed with the SEC is FEDERATED HERMES, INC., 1001 LIBERTY AVENUE, PITTSBURGH, PA, 15222-3779.

Insiders trading at Federated Hermes Inc

Over the last 5 years, insiders at Federated Hermes Inc have traded over $51,525,894 worth of Federated Hermes Inc stock and bought 1,000 units worth $17,040 . The most active insiders traders include John B Fisher, Thomas R Donahue, and J Christopher Donahue. On average, Federated Hermes Inc executives and independent directors trade stock every 15 days with the average trade being worth of $455,207. The most recent stock trade was executed by John B Fisher on 5 August 2024, trading 79,830 units of FHI stock currently worth $2,611,239.



What does Federated Hermes Inc do?

federated hermes is guided by the conviction that responsible investing is the best way to create long-term wealth. we provide specialised capabilities across equity, fixed income and private markets, in addition to multi-asset strategies and proven liquidity-management solutions. through our world-leading stewardship services, we engage companies on strategic and sustainability concerns to promote investors’ long-term performance and fiduciary interests. our goals are to help individuals invest and retire better, to help clients achieve better risk-adjusted returns, and to contribute to positive outcomes in the wider world.



What does Federated Hermes Inc's logo look like?

Federated Hermes Inc logo

Complete history of Mr. Novak stock trades at Federated Hermes Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Mar 2024 Richard A Novak
Principal Accounting Officer
Sale 908 $36.07 $32,752
5 Mar 2024
49,068
17 Nov 2023 Richard A Novak
Principal Accounting Officer
Sale 1,378 $31.98 $44,068
17 Nov 2023
49,976
3 Mar 2023 Richard A Novak
Principal Accounting Officer
Sale 985 $39.39 $38,799
3 Mar 2023
46,854
25 Nov 2022 Richard A Novak
Principal Accounting Officer
Sale 19,175 $37.52 $719,446
25 Nov 2022
45,239
17 Nov 2022 Richard A Novak
Principal Accounting Officer
Sale 1,149 $36.76 $42,237
17 Nov 2022
60,414
7 Mar 2022 Richard A Novak
Principal Accounting Officer
Sale 958 $31.09 $29,784
7 Mar 2022
61,563
18 Nov 2021 Richard A Novak
Principal Accounting Officer
Sale 1,180 $34.88 $41,158
18 Nov 2021
55,402
8 Mar 2021 Richard A Novak
Principal Accounting Officer
Sale 793 $30.19 $23,941
8 Mar 2021
56,582
18 Nov 2020 Richard A Novak
Principal Accounting Officer
Sale 1,101 $28.38 $31,246
18 Nov 2020
53,699
9 Mar 2020 Richard A Novak
Principal Accounting Officer
Sale 708 $24.49 $17,339
9 Mar 2020
50,800


Federated Hermes Inc executives and stock owners

Federated Hermes Inc executives and other stock owners filed with the SEC include: