[Form 4] First Horizon Corporation Insider Trading Activity

Rhea-AI Filing Summary

First Horizon (FHN) Form 4: On 31 Jul 2025, Chairman, President & CEO Bryan D. Jordan transferred a total of 408,161 common shares to family members as gifts (Transaction Code G).

The gifts comprised 1,000 shares to a child, 52,600 shares and 354,561 shares to his spouse. Jordan’s direct holdings fell from 1,233,721 to 826,560 shares, while indirect holdings rose to about 1.23 million, including family and trust accounts. His total beneficial ownership remains roughly 2.06 million shares; no cash was exchanged and the shares stay under his control via related entities.

Because the filing records an intra-family, non-cash transfer rather than an open-market sale or purchase, the event is typically viewed as neutral for market sentiment, often reflecting estate-planning or tax considerations rather than a valuation view.

Positive

• No shares were sold for cash; the CEO retains economic exposure to approximately 2.06 million FHN shares, signaling continued alignment with shareholders.

Negative

• Direct ownership decreased by 33%, which slightly reduces the visibility of insider skin-in-the-game, even though total beneficial ownership is unchanged.

Insights

Securities Analyst

TL;DR – Gift transfer; ownership unchanged; market impact minimal.

The Code G transactions simply move 408,161 shares from Bryan Jordan’s direct account to family accounts. He still controls the shares, so the filing neither adds buying pressure nor signals bearish selling. Investors should treat the disclosure as administratively important but not fundamentally impactful. Overall stake (~2 M shares) underscores continued alignment with shareholders.

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
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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^*

JORDAN D BRYAN

(Last) (First) (Middle)

165 MADISON AVENUE

(Street)

MEMPHIS TN 38103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST HORIZON CORP [ FHN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/31/2025		G		1,000	D	$0	1,233,721	D
Common Stock	07/31/2025		G		52,600	D	$0	1,181,121	D
Common Stock	07/31/2025		G		354,561(1)	D	$0	826,560	D
Common Stock								1,000	I	By Child
Common Stock								354,561(1)	I	By Spouse
Common Stock								142,212.164	I	Children's Trust
Common Stock								5,288	I	401(k) Plan
Common Stock								725,848	I	Family Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported transaction reflects the reporting person's transfer of common stock to his spouse, as a gift. The reporting person remains the indirect beneficial owner of the shares.

	/s/ Peter V. Letsou, attorney-in-fact	08/01/2025
	** 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.

FAQ

How many FHN shares did CEO Bryan Jordan gift on 31 July 2025?

He gifted 408,161 common shares—1,000 to a child and 407,161 to his spouse.

Did the CEO sell any First Horizon shares for cash?

No. The Form 4 uses Transaction Code G, indicating gifts; no shares were sold or purchased for consideration.

What is Bryan Jordan’s total FHN holding after the transaction?

He now holds about 826,560 shares directly and 1.23 million shares indirectly, totaling roughly 2.06 million.

Why is a gift transaction considered neutral for investors?

Because the insider’s economic exposure remains intact; shares stay within related entities, so it doesn’t reflect a valuation view.

What does Transaction Code G mean on a Form 4?

Code G denotes a bona-fide gift of the issuer’s equity securities, with no cash exchanged.