What is the net share effect of the reported insider transactions in FHN stock?

Elizabeth A. Ardoin exercised options for 22,571 shares and sold 18,313 shares of FIRST HORIZON CORP common stock, for a net reported increase of 4,258 shares before considering any other holdings not shown in this Form 4.

First Horizon exec sells 18K shares after option exercise

Q: How many FIRST HORIZON (FHN) shares did the insider sell and at what price?

On 2026-08-20, Elizabeth A. Ardoin sold 18,313 shares of FIRST HORIZON CORP common stock at per-share prices of about $24.85, including specific sales at $24.85, $24.855, and $24.845.

Q: Were Elizabeth A. Ardoin’s FHN trades made under a Rule 10b5-1 trading plan?

The Form 4 for FIRST HORIZON CORP shows the Rule 10b5-1 checkbox as not selected, indicating the reported transactions by Elizabeth A. Ardoin were not reported as being made pursuant to a Rule 10b5-1 trading plan.

FIRST HORIZON CORP (FHN) reported insider transactions by Elizabeth A. Ardoin, SEVP and Chief Communications Officer.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

FIRST HORIZON CORP (FHN) reported insider transactions by Elizabeth A. Ardoin, SEVP and Chief Communications Officer. On 2026-08-20 she exercised vested stock options covering 22,571 shares of common stock at exercise prices of $15.35–$18.68 per share and acquired the corresponding common shares. On the same date she sold 18,313 shares of common stock in open-market transactions at prices around $24.85 per share. The filing does not state her total holdings after these transactions. The Rule 10b5-1 checkbox is not marked, indicating these trades were not reported as made under a trading plan.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 17 txns

Insider ARDOIN ELIZABETH A

Role SEVP, Chief Communications Ofc

Sold 18,313 shs ($455K)

Approx. gross sale proceeds $455K

Approx. exercise cost $391K

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to Buy)	4,258	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	3,502	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	3,763	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	3,324	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	6,724	$0.00	$0.00
Exercise	Stock Options (Right to Buy)	1,000	$0.00	$0.00
Exercise	Common Stock	4,258	$18.68	$80K
Exercise	Common Stock	3,502	$18.68	$65K
Sale	Common Stock	3,502	$24.85	$87K
Exercise	Common Stock	3,763	$17.94	$68K
Sale	Common Stock	3,763	$24.855	$94K
Exercise	Common Stock	3,324	$17.94	$60K
Sale	Common Stock	3,324	$24.855	$83K
Exercise	Common Stock	6,724	$15.35	$103K
Sale	Common Stock	6,724	$24.855	$167K
Exercise	Common Stock	1,000	$15.35	$15K
Sale	Common Stock	1,000	$24.845	$25K

Holdings After Transaction: Stock Options (Right to Buy) — 9,188 contracts (Direct); Common Stock — 340,368 shares (Direct)

Key Figures

Shares sold: 18,313 shares Shares acquired via option exercise: 22,571 shares Option exercise price: $18.68 per share +5 more

8 metrics

Shares sold 18,313 shares Total common shares sold on 2026-08-20

Shares acquired via option exercise 22,571 shares Total common shares underlying options exercised on 2026-08-20

Option exercise price $18.68 per share Stock options (Right to Buy) exercisable until 2027-02-15

Option exercise price $17.94 per share Stock options (Right to Buy) exercisable until 2028-02-22

Option exercise price $15.35 per share Stock options (Right to Buy) exercisable until 2029-01-11

Sale price $24.85 per share One of the reported open-market sale prices on 2026-08-20

Sale price $24.855 per share Another reported open-market sale price on 2026-08-20

Sale price $24.845 per share Another reported open-market sale price on 2026-08-20

Key Terms

Stock Options (Right to Buy), derivative security, Rule 10b5-1

3 terms

Stock Options (Right to Buy) financial

"security_title "Stock Options (Right to Buy)" on derivative rows"

derivative security financial

"transaction_code_description "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Rule 10b5-1 regulatory

"aff_10b5_one indicates status of Rule 10b5-1 trading plan checkbox"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider activity did FHN executive Elizabeth A. Ardoin report on this Form 4?

Elizabeth A. Ardoin, SEVP and Chief Communications Officer of FIRST HORIZON CORP (FHN), reported exercising stock options for 22,571 shares of common stock and selling 18,313 shares of common stock in open-market transactions on 2026-08-20.

How many FIRST HORIZON (FHN) shares did the insider sell and at what price?

On 2026-08-20, Elizabeth A. Ardoin sold 18,313 shares of FIRST HORIZON CORP common stock at per-share prices of about $24.85, including specific sales at $24.85, $24.855, and $24.845.

How many FIRST HORIZON (FHN) options did the insider exercise and at what strike prices?

Elizabeth A. Ardoin exercised stock options covering a total of 22,571 shares of FIRST HORIZON CORP common stock. The option exercise prices were $18.68, $17.94, and $15.35 per share, with expirations ranging from 2027-02-15 to 2029-01-11.

Were Elizabeth A. Ardoin’s FHN trades made under a Rule 10b5-1 trading plan?

The Form 4 for FIRST HORIZON CORP shows the Rule 10b5-1 checkbox as not selected, indicating the reported transactions by Elizabeth A. Ardoin were not reported as being made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 04:38 PM Accepted by SEC EDGAR 08/24/2026 - 04:37 PM

SEC Form 4

FORM 4

UNITED 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^*

ARDOIN ELIZABETH A

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SEVP, Chief Communications Ofc

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/20/2026		M		4,258	A	$18.68	340,368	D
Common Stock	08/20/2026		M		3,502	A	$18.68	343,870	D
Common Stock	08/20/2026		S		3,502	D	$24.85	340,368	D
Common Stock	08/20/2026		M		3,763	A	$17.94	344,131	D
Common Stock	08/20/2026		S		3,763	D	$24.855	340,368	D
Common Stock	08/20/2026		M		3,324	A	$17.94	343,692	D
Common Stock	08/20/2026		S		3,324	D	$24.855	340,368	D
Common Stock	08/20/2026		M		6,724	A	$15.35	347,092	D
Common Stock	08/20/2026		S		6,724	D	$24.855	340,368	D
Common Stock	08/20/2026		M		1,000	A	$15.35	341,368	D
Common Stock	08/20/2026		S		1,000	D	$24.845	340,368	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to Buy)	$18.68	08/20/2026		M			4,258	07/01/2020	02/15/2027	Common Stock	4,258	$0	0	D
Stock Options (Right to Buy)	$18.68	08/20/2026		M			3,502	07/01/2020	02/15/2027	Common Stock	3,502	$0	0	D
Stock Options (Right to Buy)	$17.94	08/20/2026		M			3,763	07/01/2020	02/22/2028	Common Stock	3,763	$0	0	D
Stock Options (Right to Buy)	$17.94	08/20/2026		M			3,324	07/01/2020	02/22/2028	Common Stock	3,324	$0	2,882	D
Stock Options (Right to Buy)	$15.35	08/20/2026		M			6,724	07/01/2020	01/11/2029	Common Stock	6,724	$0	0	D
Stock Options (Right to Buy)	$15.35	08/20/2026		M			1,000	07/01/2020	01/11/2029	Common Stock	1,000	$0	6,306	D

Explanation of Responses:

	/s/ Peter V. Letsou, attorney-in-fact	08/24/2026
	** Signature of Reporting Person	Date
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