First Horizon Corp (FHN) CFO reports Form 4 tax withholding of 2,964 shares
Rhea-AI Filing Summary
First Horizon Corp (FHN) reported an insider equity transaction by its Senior Executive Vice President and Chief Financial Officer. On 12/05/2025, the officer had 2,964 shares of common stock withheld at a price of $22.76 per share, coded as transaction type “F,” which indicates shares withheld to cover tax obligations.
After this tax-related withholding tied to the vesting of a previously granted restricted stock unit award, the officer directly beneficially owned 143,935 shares of First Horizon common stock. This filing reflects an administrative share adjustment rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did First Horizon Corp (FHN) disclose in this Form 4?
The filing shows the Senior EVP & CFO of First Horizon Corp (FHN) had 2,964 shares of common stock withheld on 12/05/2025 in a transaction coded “F,” which represents shares withheld to satisfy tax obligations on a vesting restricted stock unit award.
Who is the reporting person in this First Horizon (FHN) Form 4 and what is their role?
The reporting person is an officer of First Horizon Corp serving as Senior Executive Vice President & Chief Financial Officer, as indicated in the relationship section of the form.
How many First Horizon (FHN) shares does the officer own after the reported transaction?
Following the tax-related withholding of 2,964 shares, the officer directly beneficially owned 143,935 shares of First Horizon common stock, according to the reported holdings.
What does transaction code "F" mean in this First Horizon (FHN) Form 4?
Transaction code “F” indicates a payment of tax liability by delivering or withholding securities. Here it reflects mandatory withholding of shares to pay withholding taxes associated with the vesting of a restricted stock unit award granted previously.
Was this First Horizon (FHN) insider transaction an open-market sale?
No. The explanation states that the 2,964 shares were mandatorily withheld to cover taxes due upon vesting of a restricted stock unit award, rather than being sold in an open market transaction.
Does the Form 4 indicate indirect ownership for this First Horizon (FHN) officer?
The filing shows the officer’s 143,935 shares as directly owned (code “D”), and there is no indirect beneficial ownership listed in the provided table.