FIRST HORIZON exec reports tax-related share withholding
FIRST HORIZON CORP executive reports tax-related share withholding.
Rhea-AI Filing Summary
FIRST HORIZON CORP executive reports tax-related share withholding. SEVP & Chief Human Resources Officer Tanya L. Hart reported a disposition of 2,876 shares of common stock at $24.16 per share. According to the filing, this was a tax-withholding transaction tied to the vesting of a previously granted restricted stock unit award. After this mandatory withholding, Hart directly holds 54,696 shares of FIRST HORIZON CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,876 shares
Exercise Price or Tax Liability
1 txn
Insider
Hart Tanya L
Role
SEVP & Chief Human Rsrce Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,876 | $24.16 | $69K |
Holdings After Transaction:
Common Stock — 54,696 shares (Direct)
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 Tanya L. Hart?
FIRST HORIZON CORP reported that executive Tanya L. Hart had 2,876 common shares disposed in a tax-withholding transaction. The shares were withheld to cover taxes due on the vesting of a previously granted restricted stock unit award, not an open-market sale.
Was the FIRST HORIZON CORP (FHN) insider Form 4 a tax-withholding event?
Yes, the Form 4 shows a mandatory tax-withholding event. 2,876 shares of FIRST HORIZON CORP common stock were withheld to satisfy taxes owed upon vesting of a restricted stock unit award that had been granted earlier.
What does transaction code "F" mean in the FIRST HORIZON CORP (FHN) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects mandatory withholding of FIRST HORIZON CORP shares to pay taxes when a restricted stock unit award vested for Tanya L. Hart.
AI-generated analysis. How Rhea-AI works. Not financial advice.