First Horizon (NYSE: FHN) CEO has 27,119 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST HORIZON CORP Chairman, President & CEO Jordan D. Bryan reported a tax-related share disposition. On this Form 4, 27,119 shares of common stock were withheld at $24.16 per share to cover withholding taxes tied to previously granted restricted stock units vesting, leaving him with 928,053 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
JORDAN D BRYAN
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 27,119 | $24.16 | $655K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 928,053 shares (Direct);
Common Stock — 354,561 shares (Indirect, By Spouse)
Footnotes (1)
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FAQ
What insider transaction did FIRST HORIZON (FHN) report for Jordan D. Bryan?
The filing reports 27,119 common shares were disposed of through tax withholding. These shares were withheld to pay taxes tied to vesting of a previously granted restricted stock unit award, rather than an open-market sale.
Was the FIRST HORIZON (FHN) CEO’s Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were mandatorily withheld to satisfy withholding taxes when restricted stock units vested, as described in the footnote to the Form 4.
What indirect FIRST HORIZON (FHN) holdings are reported for the CEO on this Form 4?
The Form 4 lists indirect holdings through a spouse, children’s trust, 401(k) plan, and a family trust. Reported post-transaction balances include 354,561 shares by spouse, 144,065.164 in a children’s trust, 5,350 in a 401(k) plan, and 725,848 in a family trust.
What does transaction code F mean in the FIRST HORIZON (FHN) CEO’s Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, it reflects mandatory share withholding to cover tax obligations from the vesting of a previously granted restricted stock unit award, rather than a discretionary trade.