Federated Hermes sells 97,549 NERV shares (NASDAQ: NERV) in Form 144 notice
Rhea-AI Filing Summary
Federated Hermes Kaufmann Small Cap Fund reported a sale of 97,549 shares of Common Stock of NERV on 03/10/2026 for $743,274.98. The filing also lists a prior entry showing 534,050 shares of Common Stock described as "Secondary Offering/Open Market" dated 04/15/2015 with Cash as the consideration type.
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Insights
Notice of proposed and reported resale activity by an institutional holder; routine Form 144 disclosure.
Form 144s document intended or completed resales of restricted or control securities. This filing records a reported sale of $743,274.98 for 97,549 shares on 03/10/2026, consistent with an institutional resale.
Cash‑flow treatment is explicit for the reported trade; other line items (e.g., the 04/15/2015 entry for 534,050 shares) are listed as "Secondary Offering/Open Market" with Cash noted. Timing and broader dilution impact are not addressed in the excerpt.