First Horizon (NYSE: FHN) awards 23,276 performance shares to SEVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST HORIZON CORP executive Elizabeth A. Ardoin, SEVP and Chief Communications Officer, reported an equity compensation award. She acquired 23,276 shares of common stock at $0.00 per share as a grant classified as a “grant, award, or other acquisition.”
Following this award, she directly holds 345,989 shares of common stock and also has an indirect holding of 266 shares in a 401(K) account. A related footnote states these shares relate to performance stock units granted in 2023, with performance determined on April 27, 2026, and units scheduled to vest on May 12, 2026, to be settled in common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ARDOIN ELIZABETH A
Role
SEVP, Chief Communications Ofc
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,276 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 345,989 shares (Direct, null);
Common Stock — 266 shares (Indirect, 401(K))
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 23,276 shares
Direct holdings after grant: 345,989 shares
Indirect 401(K) holdings: 266 shares
+4 more
7 metrics
Stock grant size
23,276 shares
Common Stock grant/award acquisition on April 27, 2026
Direct holdings after grant
345,989 shares
Common Stock directly owned following reported transactions
Indirect 401(K) holdings
266 shares
Common Stock held indirectly through 401(K) plan
Grant price per share
$0.00 per share
Equity compensation grant, not an open-market purchase
Performance units grant year
2023
Performance stock units originally granted in 2023
Performance determination date
April 27, 2026
Compensation Committee determined performance level achieved
Vesting date
May 12, 2026
Performance stock units scheduled to vest and settle in shares
Key Terms
Performance stock units, 401(K), Grant, award, or other acquisition, Compensation Committee
4 terms
Performance stock units financial
"Performance stock units granted in 2023. On 4.27.26, the Compensation Committee determined the performance level achieved."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
401(K) financial
"total_shares_following_transaction: 266.0000, direct_or_indirect: I, nature_of_ownership: 401(K)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Compensation Committee financial
"On 4.27.26, the Compensation Committee determined the performance level achieved."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.