First Horizon executive shares withheld for taxes
FIRST HORIZON CORP executive Anthony J. Restel reported a tax-related share disposition.
Rhea-AI Filing Summary
FIRST HORIZON CORP executive Anthony J. Restel reported a tax-related share disposition. On the Form 4, 10,332 shares of common stock were withheld at $24.16 per share to cover withholding taxes tied to a previously granted restricted stock unit award vesting. After this mandatory withholding, he directly owns 637,070 common shares and indirectly holds 19,523 common shares through an IRA. He also holds 3,000 depositary shares directly and 50 depositary shares indirectly through a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 10,332 shares
Exercise Price or Tax Liability
4 txns
Insider
Restel Anthony J
Role
SEVP, Chief Banking Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,332 | $24.16 | $250K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares | -- | -- | -- |
| holding | Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 637,070 shares (Direct);
Common Stock — 19,523 shares (Indirect, IRA);
Depositary Shares — 3,000 shares (Direct);
Depositary Shares — 50 shares (Indirect, Indirect by Child)
Footnotes (1)
- F1. Reflects mandatory withholding of shares to pay withholding taxes associated with vesting of restricted stock unit award granted previously.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIRST HORIZON CORP (FHN) report for Anthony J. Restel?
Anthony J. Restel reported a tax-withholding disposition of 10,332 common shares. The shares were withheld to pay taxes triggered by the vesting of a previously granted restricted stock unit award, rather than an open-market sale of stock.
What other FIRST HORIZON CORP (FHN) securities does Anthony J. Restel hold?
In addition to common shares, Anthony J. Restel holds 3,000 depositary shares directly and 50 depositary shares indirectly through a child. These positions are reported as holdings, not new purchases or sales, in the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.