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Equity grant gives First Horizon (NYSE: FHN) director 5,913 units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PALMER VICKI R reported acquisition or exercise transactions in this Form 4 filing.

FIRST HORIZON CORP director Vicki R. Palmer received an equity award rather than buying shares on the market. On this Form 4, she was granted 5,913 shares of Common Stock in the form of restricted stock units that will vest on April 22, 2027. After this grant, her direct holdings reported in the filing total 118,771 shares. This is a compensation-related award at no purchase price, not an open-market transaction.

Positive

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Insider PALMER VICKI R
Role null
Type Security Shares Price Value
Grant/Award Common Stock 5,913 $0.00 --
Holdings After Transaction: Common Stock — 118,771 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity grant size 5,913 shares Restricted stock units of Common Stock granted to director
Post-transaction holdings 118,771 shares Direct ownership after the reported grant
Grant price per share $0.00 per share Restricted stock unit award, no purchase price paid
Vesting date April 22, 2027 Restricted stock units will vest on this date
Form 4 regulatory
"Please analyze the following financial content according to the instructions above. INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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.
transaction code "A" regulatory
"transaction_code_description": "Grant, award, or other acquisition""
beneficial ownership financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
SEC Form 4
FORM 4UNITED 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*
PALMER VICKI R

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026A5,913(1)A$0118,771D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Grant of restricted stock units which will vest April 22, 2027.
/s/ Shannon M. Hernandez, attorney-in-fact05/06/2026
** Signature of Reporting PersonDate
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)

FAQ

What did First Horizon (FHN) director Vicki R. Palmer report on this Form 4?

Vicki R. Palmer reported receiving an equity award of 5,913 shares of First Horizon Common Stock as restricted stock units. These units are part of director compensation and were not purchased in the open market, but granted at no stated purchase price.

How many First Horizon (FHN) share units were granted to Vicki R. Palmer?

The Form 4 shows a grant of 5,913 shares of First Horizon Common Stock in the form of restricted stock units. This award increases her reported direct holdings and reflects stock-based compensation for board service rather than a cash purchase of shares.

When do Vicki R. Palmer’s First Horizon restricted stock units vest?

The footnote states that the 5,913 restricted stock units granted to Vicki R. Palmer will vest on April 22, 2027. Vesting means the units convert into shares the director fully owns, assuming any applicable service or other conditions are satisfied.

Did Vicki R. Palmer buy First Horizon (FHN) shares on the open market?

No. The transaction is coded as an “A” grant, award, or other acquisition, and the price per share is shown as $0.00. This indicates a compensation-related restricted stock unit grant, not an open-market purchase of First Horizon shares for cash.

How many First Horizon shares does Vicki R. Palmer hold after this grant?

After the reported grant, the Form 4 lists Vicki R. Palmer’s direct ownership as 118,771 shares of First Horizon Common Stock. This total includes the newly granted restricted stock units, reflecting her post-transaction position as reported in the filing.

What does transaction code “A” mean on this First Horizon Form 4?

Transaction code “A” on the Form 4 is described as a grant, award, or other acquisition. In this case, it refers to the award of 5,913 restricted stock units of First Horizon Common Stock, received as compensation instead of bought or sold on the open market.