First Horizon (FHN) director gets 12,030-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maples Ricky E reported acquisition or exercise transactions in this Form 4 filing.
FIRST HORIZON CORP director Ricky E. Maples reported an equity grant and updated holdings. He received 12,030 shares of Common Stock as a grant or award, recorded at a price of $0.00 per share, structured as restricted stock units that will vest on April 22, 2027.
Following this grant, Maples directly holds 130,835 shares of Common Stock. He also indirectly owns 5,000 shares through an IRA, which is reported separately as an indirect holding entry.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Maples Ricky E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,030 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 130,835 shares (Direct, null);
Common Stock — 5,000 shares (Indirect, IRA)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 12,030 shares
Grant price: $0.00 per share
Direct holdings after grant: 130,835 shares
+2 more
5 metrics
Stock grant
12,030 shares
Grant or award of Common Stock, code A
Grant price
$0.00 per share
Recorded transaction price for awarded shares
Direct holdings after grant
130,835 shares
Common Stock directly owned following transaction
Indirect IRA holdings
5,000 shares
Common Stock held indirectly via IRA
RSU vesting date
April 22, 2027
Restricted stock units vesting date in footnote
Key Terms
restricted stock units, IRA, indirect ownership, grant, award, or other acquisition
4 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.
IRA financial
"Indirect ownership of 5,000 shares is reported with nature of ownership listed as 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.
indirect ownership financial
"Indirect ownership of 5,000 shares is reported through an IRA."
grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
FAQ
What insider transaction did FIRST HORIZON CORP (FHN) disclose for Ricky E. Maples?
FIRST HORIZON CORP disclosed that director Ricky E. Maples received a grant of 12,030 shares of Common Stock. The grant is recorded at $0.00 per share and is structured as restricted stock units that will vest on April 22, 2027.
When do the restricted stock units granted to FIRST HORIZON (FHN) director Ricky E. Maples vest?
The restricted stock units granted to Ricky E. Maples are scheduled to vest on April 22, 2027. This vesting date comes from the filing footnote describing the grant, which characterizes the shares as restricted stock units subject to that future vesting.
How is Ricky E. Maples’ IRA position in FIRST HORIZON (FHN) reported in the Form 4?
The filing reports 5,000 shares of FIRST HORIZON Common Stock held indirectly by Ricky E. Maples through an IRA. This position is classified as indirect ownership with nature of ownership listed as “IRA,” separate from his directly held Common Stock.