Tax withholding in FIRST HORIZON (NYSE: FHN) COO LoCascio’s Form 4
Rhea-AI Filing Summary
FIRST HORIZON CORP senior executive Tammy LoCascio, SEVP and Chief Operating Officer, reported a tax-related share disposition. On March 2, 2026, she disposed of 8,308 shares of common stock at $24.16 per share through mandatory withholding to cover taxes on a previously granted restricted stock unit award that vested. This was not an open-market sale, but a tax-withholding disposition processed in shares. After this transaction, she directly held 370,012 common shares, and there were an additional 265 shares held indirectly through a spouse IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,308 shares
Net Sell
2 txns
Insider
LoCascio Tammy
Role
SEVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,308 | $24.16 | $201K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 370,012 shares (Direct);
Common Stock — 265 shares (Indirect, Spouse IRA)
Footnotes (1)
- F1. Reflects mandatory withholding of shares to pay withholding taxes associated with vesting of restricted stock unit award granted previously.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FIRST HORIZON CORP (FHN) report for Tammy LoCascio?
FIRST HORIZON CORP reported that SEVP and COO Tammy LoCascio had 8,308 common shares withheld to cover taxes on a vesting restricted stock unit award. This was recorded as a tax-withholding disposition, not an open-market purchase or sale of shares.
Was the FIRST HORIZON (FHN) insider transaction an open-market sale?
No. The Form 4 describes the transaction as mandatory withholding of shares to pay taxes on a vesting restricted stock unit award. It is coded as a tax-withholding disposition, meaning shares were delivered for tax obligations rather than sold in the open market.
What does transaction code F mean in the FIRST HORIZON (FHN) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 8,308 FIRST HORIZON common shares were withheld to cover tax obligations triggered by vesting of a restricted stock unit award previously granted to Tammy LoCascio.