First Horizon (NYSE: FHN) holder lines up stock sale for 2026
Rhea-AI Filing Summary
FIRST HORIZON CORP (FHN) received a notice under Rule 144 for a planned sale of common stock by Elizabeth A. Ardoin. The filing covers up to 18,313 shares of common stock, currently held at Fidelity Brokerage Services LLC and listed on the NYSE, with a reported aggregate market value of $455,142.11. The proposed sale is related to a stock option exercise and is indicated as a cash transaction with an anticipated sale date of August 20, 2026.
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Key Figures
Shares to be sold: 18,313 shares of common stock
Aggregate market value: $455,142.11
Planned sale date: 08/20/2026
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4 metrics
Shares to be sold
18,313 shares of common stock
Maximum number of FIRST HORIZON CORP shares covered by the Rule 144 notice
Aggregate market value
$455,142.11
Market value of the 18,313 shares of FIRST HORIZON CORP common stock
Planned sale date
08/20/2026
Anticipated date of sale for the shares related to the stock option exercise
Shares associated with stock option exercise
18,313 shares
Common stock to be sold following a stock option exercise
Key Terms
Rule 144, stock option exercise, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock option exercise financial
"Common | 08/20/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as attorney-in-fact for Elizabeth Ardoin"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing for FHN by Elizabeth Ardoin disclose?
It discloses a planned Rule 144 sale of up to 18,313 shares of FIRST HORIZON CORP common stock by Elizabeth A. Ardoin, related to a stock option exercise, with an aggregate market value of $455,142.11 and an anticipated sale date of August 20, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.