What price per share was used in the First Horizon (FHN) tax withholding?

The Form 4 lists a transaction price of $23.90 per share for the 14,175 Common Stock shares withheld. This value is used to calculate the stock amount needed to satisfy applicable withholding taxes.

First Horizon (NYSE: FHN) COO covers taxes with 14,175 shares

Q: What did First Horizon (FHN) executive Tammy LoCascio report in this Form 4?

Tammy LoCascio reported a tax-related stock transaction. 14,175 Common Stock shares were withheld at $23.90 per share to pay withholding taxes on a prior performance stock unit award, rather than sold on the open market.

Q: Was the First Horizon (FHN) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition , not an open-market sale. Shares were retained by the company to satisfy withholding taxes on a previously granted performance stock unit award.

Q: Why were First Horizon (FHN) shares withheld from Tammy LoCascio?

Shares were withheld to cover withholding taxes associated with the payment of a previously granted performance stock unit award . This automatic withholding avoids a separate cash payment for tax obligations.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FIRST HORIZON CORP executive Tammy LoCascio, SEVP and Chief Operating Officer, reported a non-market transaction involving company stock. The filing shows 14,175 shares of Common Stock were withheld at $23.90 per share to cover taxes tied to a previously granted performance stock unit award, reducing the need for a cash tax payment rather than reflecting an open-market sale. After this tax-withholding disposition, she holds 391,859 shares of Common Stock directly, plus 265 shares held indirectly through a spouse IRA.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LoCascio Tammy

Role SEVP, Chief Operating Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	14,175	$23.90	$339K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 391,859 shares (Direct, null); Common Stock — 265 shares (Indirect, Spouse IRA)

Footnotes (1)

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Key Figures

Tax-withheld shares: 14,175 shares Withholding price: $23.90 per share Direct holdings after transaction: 391,859 shares +2 more

5 metrics

Tax-withheld shares 14,175 shares Common Stock withheld to pay taxes on performance stock unit award

Withholding price $23.90 per share Value used for tax-withholding disposition of Common Stock

Direct holdings after transaction 391,859 shares Common Stock directly owned by Tammy LoCascio after tax withholding

Indirect holdings (spouse IRA) 265 shares Common Stock held indirectly through spouse IRA

Tax-withholding share count (summary) 14,175 shares Reported as taxWithholdingShares in transaction summary

Key Terms

performance stock unit award, withholding taxes, tax-withholding disposition, Spouse IRA

4 terms

performance stock unit award financial

"associated with 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.

Spouse IRA financial

"nature_of_ownership": "Spouse IRA""

Form 4 Insider Transactions: What Each Field Means →

05/14/2026 - 04:47 PM

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^*

LoCascio Tammy

(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)
	SEVP, Chief Operating 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2026		F		14,175⁽¹⁾	D	$23.9	391,859	D
Common Stock								265	I	Spouse IRA

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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-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)

Source: View Original Filing on SEC EDGAR

FAQ

What did First Horizon (FHN) executive Tammy LoCascio report in this Form 4?

Tammy LoCascio reported a tax-related stock transaction. 14,175 Common Stock shares were withheld at $23.90 per share to pay withholding taxes on a prior performance stock unit award, rather than sold on the open market.

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

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were retained by the company to satisfy withholding taxes on a previously granted performance stock unit award.

How many First Horizon (FHN) shares does Tammy LoCascio hold after the transaction?

After the tax-withholding transaction, Tammy LoCascio holds 391,859 Common Stock shares directly. She also has 265 shares held indirectly through a spouse IRA, as disclosed in the Form 4 filing.

Why were First Horizon (FHN) shares withheld from Tammy LoCascio?

Shares were withheld to cover withholding taxes associated with the payment of a previously granted performance stock unit award. This automatic withholding avoids a separate cash payment for tax obligations.