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Director Mody receives 5,913 RSUs at First Horizon (NYSE: FHN)

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

Rhea-AI Filing Summary

FIRST HORIZON CORP director Sital K. Mody received an equity compensation grant in the form of restricted stock units. The filing reports an award of 5,913 restricted stock units tied to common stock at a price of $0.00 per unit, reflecting a compensation-related acquisition rather than an open-market purchase.

These restricted stock units are scheduled to vest on April 22, 2027, after which they can settle into common shares according to plan terms. Following this grant, Mody’s directly held common stock position reported in the filing totals 9,273 shares, giving context to the scale of this award relative to current holdings.

Positive

  • None.

Negative

  • None.
Insider Mody Sital K
Role null
Type Security Shares Price Value
Grant/Award Common Stock 5,913 $0.00 --
Holdings After Transaction: Common Stock — 9,273 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 5,913 units Restricted stock units granted to Sital K. Mody
Grant price $0.00 per unit Reported transaction price for RSU award
Shares after transaction 9,273 shares Total common stock held directly after grant
Vesting date April 22, 2027 RSU vesting date from footnote
Transaction date May 5, 2026 Date of the RSU grant transaction
restricted stock units financial
"Grant of restricted stock units which will vest April 22, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
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.
Form 4 Insider Transactions: What Each Field Means →
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*
Mody Sital K
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026		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 Stock05/05/2026A5,913(1)A$09,273D
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. Grant of restricted stock units which will vest April 22, 2027.
/s/ Shannon M. Hernandez, attorney-in-fact05/06/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did FIRST HORIZON CORP (FHN) report for Sital K. Mody?

FIRST HORIZON CORP reported that director Sital K. Mody received an equity grant of 5,913 restricted stock units tied to common stock. The units were awarded as compensation, not bought on the open market, and are recorded at a price of $0.00 per unit in the filing.

How many shares or units does Sital K. Mody hold after this Form 4 transaction at FHN?

After the reported grant, Sital K. Mody holds 9,273 shares of FIRST HORIZON CORP common stock directly. This total includes the impact of the 5,913 restricted stock units awarded in the transaction, providing a snapshot of the director’s post-grant ownership position in the company.

Was the FIRST HORIZON CORP (FHN) Form 4 transaction an open-market stock purchase?

No, the transaction was not an open-market purchase. The Form 4 describes a grant or award acquisition of 5,913 restricted stock units at $0.00 per unit, indicating compensation rather than a discretionary buy, with the director receiving the units directly from the company.

When will Sital K. Mody’s restricted stock units in FIRST HORIZON CORP vest?

The restricted stock units granted to Sital K. Mody are scheduled to vest on April 22, 2027. Vesting means the units will become earned at that date, allowing them to settle into common shares under the company’s equity plan terms as disclosed in the footnote.

What does the transaction code "A" mean in the FIRST HORIZON CORP Form 4 for Sital K. Mody?

In this Form 4, transaction code "A" stands for a grant, award, or other acquisition of securities. For Sital K. Mody, it represents the compensation-related award of 5,913 restricted stock units rather than a market trade, consistent with the zero-dollar price shown.