First Horizon director granted 5,913 restricted units
FIRST HORIZON CORP director Sital K. Mody received an equity compensation grant in the form of restricted stock units.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,913 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units which will vest April 22, 2027.
Key Figures
Key Terms
restricted stock units financial
Grant, award, or other acquisition financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FIRST HORIZON CORP (FHN) report for Sital K. Mody?
Was the FIRST HORIZON CORP (FHN) Form 4 transaction an open-market stock purchase?
When will Sital K. Mody’s restricted stock units in FIRST HORIZON CORP vest?
What does the transaction code "A" mean in the FIRST HORIZON CORP Form 4 for Sital K. Mody?
AI-generated analysis. How Rhea-AI works. Not financial advice.