First Horizon exec shares withheld for RSU taxes

FIRST HORIZON CORP senior executive Thomas Hung reported a routine tax-related share disposition.

Rhea-AI Filing Summary

FIRST HORIZON CORP senior executive Thomas Hung reported a routine tax-related share disposition. On the vesting of a previously granted restricted stock unit award, a total of 768 shares of common stock were withheld at $23.90 per share to cover withholding taxes. These F-code transactions reflect tax-withholding dispositions rather than open-market sales.

Insights

Insider trading & governance analyst

Routine RSU tax withholding with no open-market selling.

Senior EVP and Chief Credit Officer Thomas Hung had 768 shares of FIRST HORIZON CORP common stock withheld at $23.90 per share to cover taxes on previously granted restricted stock units that vested. The Form 4 classifies both entries under code F, a tax-withholding disposition.

Because these are mandatory withholdings tied to compensation, not discretionary open-market trades, they carry limited signaling value about management’s view of the stock. The filing shows no open-market buys or sells, and no derivative exercises in this event.

Insider Trade Summary

Exercise Price or Tax Liability: 768 shares

Exercise Price or Tax Liability 2 txns

Insider Hung Thomas

Role Sr EVP & Chief Credit Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	408	$23.90	$10K
Exercise Price or Tax Liability	Common Stock	360	$23.90	$9K

Holdings After Transaction: Common Stock — 65,644 shares (Direct)

Footnotes (1)

1. F1. Reflects mandatory withholding of shares to pay withholding taxes associated with vesting of restricted stock unit award granted previously.

Key Figures

Tax-withheld shares: 768 shares Withholding price: $23.90 per share Tax-withholding transactions: 2 entries (code F)

3 metrics

Tax-withheld shares 768 shares Shares withheld to cover taxes on RSU vesting

Withholding price $23.90 per share Value used for tax-withholding dispositions

Tax-withholding transactions 2 entries (code F) Form 4 transactionSummary taxWithholdingCount

Key Terms

restricted stock unit, withholding taxes, tax-withholding disposition, Form 4

4 terms

restricted stock unit financial

"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.

withholding taxes financial

"Reflects mandatory withholding of shares to pay withholding taxes associated"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

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.

Form 4 regulatory

"The Form 4 shows tax-withholding dispositions, not open-market purchases"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did FIRST HORIZON CORP (FHN) report for Thomas Hung?

FIRST HORIZON CORP reported that senior executive Thomas Hung had company shares withheld to cover taxes on vesting restricted stock units. The Form 4 shows tax-withholding dispositions, not open-market purchases or sales, so it reflects compensation mechanics rather than an investment decision.

How many FIRST HORIZON CORP (FHN) shares were withheld for Thomas Hung’s taxes?

A total of 768 FIRST HORIZON CORP common shares were withheld to pay tax obligations tied to a restricted stock unit vesting. The filing shows two F-code transactions that together reflect this mandatory tax-withholding amount rather than voluntary trading in the open market.

At what price were Thomas Hung’s FIRST HORIZON CORP (FHN) shares valued for tax withholding?

The withheld shares were valued at $23.90 per FIRST HORIZON CORP share for tax purposes. This price is used in the Form 4 to calculate the value of the 768 shares delivered to satisfy withholding taxes on the vested restricted stock unit award.

Does Thomas Hung’s Form 4 for FIRST HORIZON CORP (FHN) show any open-market stock sales?

The Form 4 does not show any open-market stock sales. It reports two F-code transactions, which represent shares withheld to pay taxes on a restricted stock unit vesting. These are mandatory tax-withholding dispositions rather than discretionary selling into the market.

What does transaction code F mean in Thomas Hung’s FIRST HORIZON CORP (FHN) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, the 768 FIRST HORIZON CORP shares were withheld to satisfy withholding taxes from a restricted stock unit vesting, not from an open-market trade or option exercise.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/14/2026 - 04:52 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Hung Thomas

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr EVP & Chief Credit 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/12/2026		F		408(1)	D	$23.9	66,004	D
Common Stock	05/12/2026		F		360(1)	D	$23.9	65,644	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-fact	05/14/2026
	** Signature of Reporting Person	Date
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)