Director Michael Moehn (NYSE: FHN) receives 5,913-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST HORIZON CORP director Michael L. Moehn received an equity grant of 5,913 shares of Common Stock. The Form 4 classifies this as a grant or award acquisition with no cash paid per share. Following this award, Moehn directly holds 10,714 common shares.
According to the footnote, the grant consists of restricted stock units that will vest on April 22, 2027, meaning the shares are subject to time-based vesting as part of his compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOEHN MICHAEL L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,913 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,714 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,913 shares
Award price per share: $0.00 per share
Total shares after grant: 10,714 shares
+1 more
4 metrics
Shares granted
5,913 shares
Equity award coded as grant/award acquisition
Award price per share
$0.00 per share
Grant of Common Stock as compensation, not market purchase
Total shares after grant
10,714 shares
Director’s direct holdings following the reported transaction
Vesting date
April 22, 2027
Restricted stock units scheduled vesting date per footnote
Key Terms
restricted stock units, vest, grant or award acquisition
3 terms
restricted stock units financial
"Grant of restricted stock units which will vest April 22, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"restricted stock units which will vest April 22, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant or award acquisition financial
"transaction_action":"grant/award acquisition""
FAQ
What did FIRST HORIZON CORP (FHN) director Michael Moehn report on this Form 4?
Director Michael L. Moehn reported receiving 5,913 shares of FIRST HORIZON CORP common stock as an equity grant. The shares were awarded at a price of $0.00 per share, reflecting compensation rather than an open-market stock purchase.
Is Michael Moehn’s FHN Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Code “A” indicates a grant or award acquisition, and the reported price of $0.00 per share confirms this is an equity award instead of a cash stock purchase on the open market.
When do Michael Moehn’s restricted stock units in FIRST HORIZON CORP vest?
The footnote states that the grant consists of restricted stock units scheduled to vest on April 22, 2027. Vesting means the units convert into unrestricted shares for the director if the time-based vesting conditions are satisfied by that date.
Does the FHN Form 4 indicate any stock sales or disposals by Michael Moehn?
No stock sales or disposals are reported in this Form 4. The only transaction is an acquisition coded “A” for a grant or award, meaning Moehn’s position increased through compensation rather than through selling or transferring existing FIRST HORIZON CORP shares.