First Horizon delists Series C depositary shares

Accepted by SEC EDGAR 05/01/2026 - 12:52 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

First Horizon Corp notified the New York Stock Exchange of the removal from listing and registration of its Depositary Shares, each representing a 1/400th interest in a share of Non‑Cumulative Perpetual Preferred Stock, Series C.

The exchange states it complied with 17 CFR 240.12d2-2 and First Horizon complied with the exchange's rules governing voluntary withdrawal.

Key Figures

Commission file number: 001-15185 Governing rule cited: 17 CFR 240.12d2-2 (a)(1)-(a)(4) Security description: Depositary Shares, 1/400th interest +2 more

5 metrics

Commission file number 001-15185 Form 25 cover referencing issuer record

Governing rule cited 17 CFR 240.12d2-2 (a)(1)-(a)(4) Exchange compliance statement

Security description Depositary Shares, 1/400th interest Each depositary share represents a 1/400th interest in Series C preferred

Address 165 Madison Avenue, Memphis, TENNESSEE 38103 Issuer principal executive offices

Expires March 31, 2018 Header expiration date on form

Key Terms

Form 25, Depositary Shares, 17 CFR 240.12d2-2

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

Depositary Shares financial

"Depositary Shares, each representing a 1/400th interest"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did First Horizon (FHN) file with the SEC?

First Horizon filed a Form 25 notifying the NYSE of the removal from listing and registration of its Series C depositary shares. The filing states the Exchange and the issuer complied with 17 CFR 240.12d2-2 governing voluntary withdrawal.

Which class of securities is being removed for First Horizon?

Depositary Shares representing a 1/400th interest in Series C preferred stock are the class being withdrawn. The filing describes the class as "Depositary Shares, each representing a 1/400th interest" in Non‑Cumulative Perpetual Preferred Stock, Series C.

Who certified compliance for the delisting action?

New York Stock Exchange LLC certified that it complied with the applicable rules under 17 CFR 240.12d2-2. The filing also states the issuer complied with the exchange's rules governing voluntary withdrawal of the class.

What regulatory provision governs this removal?

The delisting references 17 CFR 240.12d2-2, which sets procedures for removal from listing and/or registration under Section 12(b) of the Exchange Act. The filing cites compliance with subsections (a)(1)–(a)(4) under that rule.

Does the Form 25 state who signed the notification?

The Form 25 was signed on behalf of the NYSE by Victoria Paper, Manager, Market Watch, certifying reasonable grounds to file and that the exchange complied with the rule cited in the notification.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
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hours per response:			1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-15185

Issuer:	FIRST HORIZON CORP
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	165 Madison Avenue
	Memphis	TENNESSEE	38103
Telephone number:					(800) 489-4040

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Depositary Shares, each representing a 1/400th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series C

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-05-01	By	Victoria Paper		Manager, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

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.