STOCK TITAN

First Horizon (NYSE: FHN) CFO has 9,814 shares withheld for taxes

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

Rhea-AI Filing Summary

FIRST HORIZON CORP Senior Executive Vice President and CFO Hope Dmuchowski reported a routine share disposition related to taxes. On the Form 4, 9,814 shares of common stock were withheld at $23.90 per share to cover withholding taxes tied to a previously granted performance stock unit award, rather than sold in the open market. After this tax-withholding transaction, she directly holds 180,351 shares of First Horizon common stock.

Positive

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Negative

  • None.
Insider Dmuchowski Hope
Role Sr. EVP & CFO
Type Security Shares Price Value
Tax Withholding Common Stock 9,814 $23.90 $235K
Holdings After Transaction: Common Stock — 180,351 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withheld shares 9,814 shares Shares withheld to cover taxes on performance stock unit award
Withholding price $23.90/share Value used for tax-withholding disposition
Shares after transaction 180,351 shares Direct common stock holdings following tax withholding
Tax-withholding transactions 1 transaction Single F-code tax-withholding entry in this Form 4
Tax-withholding shares total 9,814 shares Total shares reported as tax withholding in transaction summary
performance stock unit award financial
"payment of performance stock unit award granted previously"
withholding taxes financial
"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
"INSIDER FILING DATA (Form 4)"
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.
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*
Dmuchowski Hope

(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 & CFO
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 Stock05/12/2026F9,814(1)D$23.9180,351D
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 payment of performance 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 First Horizon (FHN) CFO Hope Dmuchowski report in this Form 4?

CFO Hope Dmuchowski reported a tax-related share disposition. A total of 9,814 First Horizon common shares were withheld to satisfy tax obligations from a previously granted performance stock unit award, leaving her with direct ownership of 180,351 shares after the transaction.

How many First Horizon (FHN) shares were withheld for taxes from the CFO’s award?

A total of 9,814 First Horizon common shares were withheld. These shares covered withholding taxes associated with the payment of a performance stock unit award, as disclosed in the Form 4 footnote describing the mandatory tax-withholding transaction.

Was the First Horizon (FHN) CFO’s Form 4 transaction an open-market sale?

No, it was not an open-market sale. The Form 4 shows an F-code tax-withholding transaction where 9,814 shares were withheld at $23.90 per share to satisfy tax liabilities from a performance stock unit award, rather than sold on the market.

How many First Horizon (FHN) shares does the CFO hold after this transaction?

After the tax-withholding transaction, the CFO directly holds 180,351 First Horizon common shares. This figure reflects her remaining direct ownership following the mandatory withholding of 9,814 shares to cover taxes on a performance stock unit award.

What does transaction code F mean in the First Horizon (FHN) CFO’s Form 4?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 9,814 First Horizon shares were withheld to cover withholding taxes on a previously granted performance stock unit award, rather than being voluntarily sold in the market.