First Horizon COO has 14,175 shares withheld for tax
FIRST HORIZON CORP executive Tammy LoCascio, SEVP and Chief Operating Officer, reported a non-market transaction involving company stock.
Sentiment and the balance of points
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 14,175 | $23.90 | $339K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Reflects mandatory withholding of shares to pay withholding taxes associated with payment of performance stock unit award granted previously.
Key Figures
Key Terms
performance stock unit award financial
withholding taxes financial
tax-withholding disposition financial
Spouse IRA financial
FAQ
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What did First Horizon (FHN) executive Tammy LoCascio report in this Form 4?
Was the First Horizon (FHN) Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.