First Horizon (NYSE: FHN) director receives 12,030-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Jeffrey Jonathan reported acquisition or exercise transactions in this Form 4 filing.
FIRST HORIZON CORP director Jeffrey Jonathan Brown received a grant of 12,030 shares of common stock as equity compensation. According to a footnote, this award consists of restricted stock units scheduled to vest on April 22, 2027. Following the grant, he directly holds 32,427 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Jeffrey Jonathan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,030 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,427 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 12,030 shares
Transaction price per share: $0.0000 per share
Total shares after transaction: 32,427 shares
+2 more
5 metrics
Equity grant size
12,030 shares
Restricted stock unit grant to director on May 5, 2026
Transaction price per share
$0.0000 per share
Grant coded as compensation (A - grant, award, or other acquisition)
Total shares after transaction
32,427 shares
Director’s direct holdings following the RSU grant
Vesting date
April 22, 2027
Restricted stock units vesting schedule from footnote
Acquire transactions
1 transaction
Transaction summary shows one acquisition and zero sales
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock, transaction code A
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code A financial
""transaction_code": "A""
FAQ
What insider transaction did FIRST HORIZON CORP (FHN) report for Jeffrey Jonathan Brown?
FIRST HORIZON CORP reported that director Jeffrey Jonathan Brown received a grant of 12,030 shares of common stock as equity compensation. A footnote explains these are restricted stock units scheduled to vest on April 22, 2027, rather than an open-market purchase.
Was the FIRST HORIZON CORP (FHN) Form 4 transaction a market purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not a market purchase. The transaction code is A, described as a grant, award, or other acquisition, with a price of $0.0000 per share, indicating an equity award rather than an open-market stock buy.
What does the restricted stock unit vesting term mean in the FIRST HORIZON CORP (FHN) filing?
The filing notes the award is restricted stock units that will vest on April 22, 2027. Vesting means Brown’s right to receive the underlying shares becomes fully earned on that date, subject to any applicable service or other conditions in the award agreement.
Does the FIRST HORIZON CORP (FHN) Form 4 show any stock sales by Jeffrey Jonathan Brown?
No stock sales are reported in this Form 4. The transaction summary shows one acquisition transaction and zero sales, gifts, or tax withholdings, indicating this filing only covers the equity grant of 12,030 restricted stock units to the director.