First Horizon (FHN) CEO updates holdings after stock gift and correction
Rhea-AI Filing Summary
First Horizon Corp. Chairman, President and CEO reported an update to his ownership of the company’s common stock. On 12/22/2025, he reported a transaction coded “G,” indicating a gift of 42,000 shares of common stock at a stated price of $0, reducing his directly held shares. After this transaction, he directly owns 821,406 shares of common stock.
He also reports indirect ownership of 354,561 shares through his spouse, 143,164.164 shares through a children’s trust, 5,320 shares in a 401(k) plan, and 725,848 shares through a family trust. The filing corrects a prior computational error by increasing the reported share amount by 36,729 shares and notes that he no longer has a reportable beneficial interest in 1,000 shares owned by one of his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 42,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The amount of shares was increased by 36,729 to correct a computational error that first appeared in an Amendment to Form 4 filed on May 24, 2023 (the "2023 Amendment to Form 4"). The 2023 Amendment to Form 4 reported an administrative error in computing the number of shares withheld to pay withholding taxes on a previous Form 4 filed on May 15, 2023, but the Column 5 amount on the 2023 Amendment to Form 4 was computed without first adding back the incorrect number of shares (36,729) reported as withheld on the original Form 4. As a result, the 2023 Amendment to Form 4, as filed on May 24, 2023, and all subsequent Form 4s filed through August 1, 2025, understated the Column 5 amount by 36,729 shares. The reporting person no longer has a reportable beneficial interest in 1000 shares of common stock owned by one of his children and included in the reporting person's prior ownership reports.
FAQ
What insider transaction did First Horizon (FHN) report for its CEO?
The Chairman, President and CEO of First Horizon Corp. reported a transaction coded “G,” indicating a gift of 42,000 shares of First Horizon common stock on 12/22/2025 at a stated price of $0.
What indirect holdings of First Horizon (FHN) stock are reported for the CEO?
The filing reports indirect ownership of 354,561 shares through his spouse, 143,164.164 shares through a children’s trust, 5,320 shares in a 401(k) plan, and 725,848 shares through a family trust.
How does the filing change the CEO’s reported beneficial interest in a child’s First Horizon (FHN) shares?
The filing states that the reporting person no longer has a reportable beneficial interest in 1,000 shares of common stock owned by one of his children, which had been included in prior ownership reports.
What role does the reporting person hold at First Horizon (FHN)?
The reporting person is a Director and an Officer of First Horizon Corp., serving as Chairman, President & CEO.