First Horizon (NYSE: FHN) COO receives 36,022-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LoCascio Tammy reported acquisition or exercise transactions in this Form 4 filing.
FIRST HORIZON CORP executive Tammy LoCascio, SEVP and Chief Operating Officer, reported receiving a grant/award of 36,022 shares of common stock at $0.00 per share as equity compensation. After this award, her direct holdings total 406,034 shares of common stock.
The award relates to performance stock units granted in 2023, for which the Compensation Committee determined the performance level on April 27, 2026. These units will vest on May 12, 2026 and be settled in shares of common stock. The filing also notes 265 shares held indirectly through a spouse IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LoCascio Tammy
Role
SEVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36,022 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 406,034 shares (Direct, null);
Common Stock — 265 shares (Indirect, Spouse IRA)
Footnotes (1)
- [object Object]
Key Figures
Stock award: 36,022 shares
Direct holdings after award: 406,034 shares
Indirect holdings: 265 shares
+4 more
7 metrics
Stock award
36,022 shares
Grant/award of common stock at $0.00 per share
Direct holdings after award
406,034 shares
Common stock held directly after the transaction
Indirect holdings
265 shares
Common stock held through spouse IRA
Award price
$0.00 per share
Grant price for the 36,022-share award
Performance units grant year
2023
Year the performance stock units were originally granted
Performance determination date
April 27, 2026
Date Compensation Committee determined performance level
Vesting date
May 12, 2026
Date units will vest and settle in common stock
Key Terms
Performance stock units, grant/award acquisition, Spouse IRA, Compensation Committee
4 terms
Performance stock units financial
"Performance stock units granted in 2023. On 4.27.26, the Compensation Committee determined"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Spouse IRA financial
"nature_of_ownership": "Spouse IRA""
Compensation Committee financial
"On 4.27.26, the Compensation Committee determined the performance level achieved."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What insider transaction did FIRST HORIZON CORP (FHN) report for Tammy LoCascio?
FIRST HORIZON CORP reported that SEVP and COO Tammy LoCascio received a grant of 36,022 shares of common stock as equity compensation. The award was recorded at $0.00 per share and reflects a non-market, compensation-related acquisition of stock.
How are indirect holdings reported for FIRST HORIZON CORP (FHN) executive Tammy LoCascio?
The Form 4 shows 265 shares of FIRST HORIZON CORP common stock held indirectly through a spouse IRA. This indicates those shares are beneficially associated with the reporting person but owned via a related account, separate from her 406,034 directly held shares.