First Horizon CEO D. Bryan Jordan sells 100,932 shares
The spouse's 354,561-share transfer went to an irrevocable trust for the reporting person's children and grandchildren.
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Form Type
4
Rhea-AI Filing Summary
First Horizon Corp. (FHN) Chairman, President & CEO D. Bryan Jordan exercised options for 125,786 shares of common stock on November 9, 2026, at a $15.90 exercise price, and acquired 125,786 shares. He sold 100,932 shares in five transactions that day: 67,233 at $23.57, 14,283 at $23.575, 4,270 at $23.58, 7,946 at $23.60 and 7,200 at $23.605 per share. No Rule 10b5-1 plan is reported. On November 6, he gifted 9,997 shares, while his spouse transferred 354,561 shares to an irrevocable trust for their children and grandchildren; Jordan disclaimed beneficial ownership of shares held by that trust.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
9 txns
Insider
JORDAN D BRYAN
Role
Chairman, President & CEO
Sold
100,932 shs ($2.38M)
Approx. gross sale proceeds
$2.38M
Approx. exercise cost
$2.00M
Share of Position Sold
9.0%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 125,786 | $0.00 | $0.00 |
| Exercise | Common Stock | 125,786 | $15.90 | $2.00M |
| Sale | Common Stock | 67,233 | $23.57 | $1.58M |
| Sale | Common Stock | 14,283 | $23.575 | $337K |
| Sale | Common Stock | 4,270 | $23.58 | $101K |
| Sale | Common Stock | 7,946 | $23.60 | $188K |
| Sale | Common Stock | 7,200 | $23.605 | $170K |
| Gift | Common Stock | 9,997 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 354,561 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 options (Direct);
Common Stock — 0 shares (Indirect, By Spouse);
Common Stock — 1,014,611 shares (Direct);
Common Stock — 147,171.164 shares (Indirect, Children's Trust);
Common Stock — 5,463 shares (Indirect, 401(k) Plan);
Common Stock — 725,848 shares (Indirect, Family Trust)
Holdings Before and After:
Stock Options (Right to Buy), 125,786 to 0 options (Direct);
Common Stock, 354,561 to 0 shares (Indirect, By Spouse);
Common Stock, 999,754 to 1,014,611 shares (Direct)
Footnotes (1)
- F1. On November 6, 2026, the reporting person's spouse transferred 354,561 shares to an irrevocable trust established for the benefit of the reporting person's children and grandchildren, none of whom share the reporting person's household. The reporting person's adult child serves as a co-trustee of the trust together with a corporate trustee. Neither the reporting person nor the reporting person's spouse is a trustee or beneficiary of the trust. The reporting person disclaims beneficial ownership of the shares held by the trust following the transfer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and for any other purpose.
Key Figures
Options exercised: 125,786 shares
Exercise price: $15.90 per share
Common shares acquired: 125,786 shares
+5 more
8 metrics
Options exercised
125,786 shares
November 9, 2026
Exercise price
$15.90 per share
Options exercised November 9, 2026
Common shares acquired
125,786 shares
November 9, 2026
Common shares sold
100,932 shares
Five transactions on November 9, 2026
First sale lot
67,233 shares at $23.57 per share
November 9, 2026
Second sale lot
14,283 shares at $23.575 per share
November 9, 2026
Shares transferred by spouse
354,561 shares
Gift transfer to an irrevocable trust on November 6, 2026
Shares gifted by Jordan
9,997 shares
November 6, 2026
Key Terms
derivative security, exercise price, irrevocable trust, beneficial ownership
4 terms
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion_or_exercise_price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
irrevocable trust regulatory
"transferred 354,561 shares to an irrevocable trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
beneficial ownership regulatory
"disclaims beneficial ownership of the shares held by the trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
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