STOCK TITAN

First Horizon (NYSE: FHN) CRO has shares withheld to cover RSU taxes

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

Rhea-AI Filing Summary

FIRST HORIZON CORP senior executive Ashley W. Argo reported routine updates to her stock holdings. On the Form 4, 1,005 shares of common stock were used to pay withholding taxes tied to the vesting of a previously granted restricted stock unit award at $23.90 per share. The filing describes these as tax-withholding dispositions rather than open-market sales. After these entries, she holds 41,999 common shares directly and 11,355 shares indirectly through a 401(k) plan.

Positive

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Negative

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Insider Argo Ashley W
Role Sr EVP, Chief Risk Officer
Type Security Shares Price Value
Tax Withholding Common Stock 599 $23.90 $14K
Tax Withholding Common Stock 406 $23.90 $10K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 41,999 shares (Direct, null); Common Stock — 11,355 shares (Indirect, 401(k))
Footnotes (1)
  1. [object Object]
Tax-withholding shares 1,005 shares Shares delivered to cover withholding taxes on RSU vesting
Tax-withholding price $23.90 per share Value used in both F-coded tax-withholding transactions
Direct holdings after transactions 41,999 shares Common stock directly held after tax-withholding dispositions
Indirect 401(k) holdings 11,355 shares Common stock held indirectly through a 401(k) plan
Tax-withholding transactions count 2 transactions Total F-code entries linked to tax withholding
tax-withholding disposition financial
"The filing describes these as tax-withholding dispositions rather than open-market sales."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock unit financial
"withholding taxes associated with vesting of restricted stock unit award granted previously."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
401(k) financial
"11,355 shares indirectly through a 401(k) plan."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Sr EVP, Chief Risk Officer financial
"senior executive Ashley W. Argo reported routine updates to her stock holdings."
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*
Argo Ashley W

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr EVP, Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
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 Stock05/12/2026F599(1)D$23.941,999D
Common Stock05/12/2026F406(1)D$23.941,593D
Common Stock11,355I401(k)
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. Reflects mandatory withholding of shares to pay withholding taxes associated with vesting of restricted stock unit award granted previously.
/s/ Shannon M. Hernandez, attorney-in-fact05/14/2026
** 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 Ashley W. Argo report in this Form 4 for FHN?

Ashley W. Argo reported share movements mainly related to taxes on vesting restricted stock units. The Form 4 shows mandatory share withholding for tax obligations and updated direct and 401(k) holdings in FIRST HORIZON CORP common stock.

How many FIRST HORIZON (FHN) shares were withheld for taxes?

A total of 1,005 FIRST HORIZON CORP common shares were withheld to satisfy tax obligations. These disposals are coded as tax-withholding transactions, rather than open-market sales, and are associated with a previously granted restricted stock unit award.

At what price were the tax-withholding FHN shares valued?

The tax-withholding dispositions used FIRST HORIZON CORP common shares valued at $23.90 per share. This value appears in both tax-related transactions and reflects the price used to compute the required number of shares for the withholding.

How many FHN shares does Ashley W. Argo hold directly after these transactions?

Following the tax-withholding transactions, Ashley W. Argo directly holds 41,999 FIRST HORIZON CORP common shares. This direct balance reflects her position after 1,005 shares were withheld to cover taxes linked to the vesting of a restricted stock unit award.

What are Ashley W. Argo’s indirect FHN holdings in her 401(k)?

The Form 4 shows 11,355 FIRST HORIZON CORP common shares held indirectly through a 401(k) plan. This 401(k) entry is reported as a holding, providing visibility into her retirement-plan ownership in addition to directly held common stock.

Do the FHN Form 4 transactions reflect open-market buying or selling?

The reported transactions do not reflect open-market buying or selling. Instead, they are tax-withholding dispositions coded “F,” meaning shares were delivered to satisfy withholding taxes on the vesting of an earlier restricted stock unit grant.