First Horizon SEVP granted 38,793 shares

Restel Anthony J reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Restel Anthony J reported acquisition or exercise transactions in this Form 4 filing.

FIRST HORIZON CORP executive Anthony J. Restel, SEVP and Chief Banking Officer, reported an equity compensation award on common stock. He received 38,793 shares of common stock at a price of $0.00 per share as a grant or award.

The award relates to performance stock units granted in 2023, for which the Compensation Committee determined the performance level on April 27, 2026. These units are scheduled to vest on May 12, 2026 and will be settled in shares of common stock. After this award, Restel directly holds 675,863 common shares, with additional indirect holdings in common stock and depositary shares.

Insider Trade Summary

Grant/Award: 38,793 shares

Grant/Award 4 txns

Insider Restel Anthony J

Role SEVP, Chief Banking Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	38,793	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Depositary Shares	--	--	--
holding	Depositary Shares	--	--	--

Holdings After Transaction: Common Stock — 675,863 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)

1. F1. Performance stock units granted in 2023. On 4.27.26, the Compensation Committee determined the performance level achieved. Units will vest 5.12.26 and will be settled with shares of common stock.

Key Figures

Equity award shares: 38,793 shares Direct common stock holdings after award: 675,863 shares Indirect common stock (IRA): 19,523 shares +4 more

7 metrics

Equity award shares 38,793 shares Common stock grant at $0.00 per share

Direct common stock holdings after award 675,863 shares Common stock directly held by Anthony J. Restel after transaction

Indirect common stock (IRA) 19,523 shares Common stock held indirectly in an IRA

Indirect depositary shares 50 shares Depositary shares held indirectly by child

Direct depositary shares 3,000 shares Depositary shares held directly

Performance determination date April 27, 2026 Compensation Committee set performance level for 2023 PSUs

Vesting date for PSUs May 12, 2026 2023 performance stock units scheduled vesting

Key Terms

Performance stock units, Depositary Shares, Compensation Committee, IRA, +1 more

5 terms

Performance stock units financial

"Performance stock units granted in 2023. On 4.27.26, the Compensation Committee determined the performance level achieved."

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Depositary Shares financial

"security_title": "Depositary Shares""

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.

Compensation Committee financial

"On 4.27.26, the Compensation Committee determined the performance level achieved."

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

IRA financial

"nature_of_ownership": "IRA""

An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

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

What insider transaction did FHN executive Anthony J. Restel report?

Anthony J. Restel reported receiving 38,793 shares of First Horizon common stock as an equity award. The shares were granted at $0.00 per share as compensation, not an open-market purchase, and increase his directly held common stock position.

How are the 2023 performance stock units for FHN’s Restel being settled?

Performance stock units granted in 2023 to Anthony J. Restel will vest on May 12, 2026. After vesting, they will be settled in shares of First Horizon common stock, following the Compensation Committee’s April 27, 2026 performance determination.

How many First Horizon common shares does Anthony J. Restel hold after this Form 4?

After the reported award, Anthony J. Restel directly holds 675,863 shares of First Horizon common stock. He also has indirect common stock held in an IRA and separate indirect and direct positions in depositary shares tied to the company.

Was Restel’s Form 4 transaction in FHN stock a market buy or sell?

The Form 4 shows an acquisition coded as a grant or award, not a market trade. Restel received 38,793 First Horizon common shares at $0.00 per share as compensation, rather than buying or selling shares on the open market.

What role did the Compensation Committee play in Restel’s FHN equity award?

The Compensation Committee determined the performance level for Restel’s 2023 performance stock units on April 27, 2026. Based on that determination, the units are scheduled to vest May 12, 2026 and be settled in shares of First Horizon common stock.

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

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Accepted by SEC EDGAR 04/29/2026 - 04:54 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Restel Anthony J

(Last) (First) (Middle)

165 MADISON AVE.

(Street)

MEMPHIS TENNESSEE 38103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST HORIZON CORP [ FHN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEVP, Chief Banking Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/27/2026		A		38,793(1)	A	$0	675,863	D
Common Stock								19,523	I	IRA
Depositary Shares								3,000	D
Depositary Shares								50	I	Indirect by Child

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Performance stock units granted in 2023. On 4.27.26, the Compensation Committee determined the performance level achieved. Units will vest 5.12.26 and will be settled with shares of common stock.

	/s/ Maygan Pokabla, attorney-in-fact	04/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
* Form 4: SEC 1474 (03-26)