STOCK TITAN

[Form 4] First Horizon Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

David T. Popwell, a senior executive of First Horizon Corporation (FHN), sold 100,000 shares of the issuer's common stock on 08/22/2025 at a weighted-average price of $22.4952 per share. After the sale, the filing reports 462,581 shares beneficially owned directly and 3,159 shares held indirectly through a 401(k) plan. The footnotes state the reported sale price is a weighted average for multiple trades that ranged from $22.435 to $22.545 and offer to provide a per-price breakdown on request. The filing also corrects a prior computational error: 12,570 shares were added back to the ownership total to rectify an understatement that originated in an amended Form 4 filed May 24, 2023. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/26/2025.

David T. Popwell, dirigente senior di First Horizon Corporation (FHN), ha venduto 100.000 azioni del capitale sociale dell'emittente il 22/08/2025 a un prezzo medio ponderato di 22,4952 $ per azione. Dopo la vendita, la comunicazione riporta 462.581 azioni possedute direttamente e 3.159 azioni detenute indirettamente tramite un piano 401(k). Le note chiariscono che il prezzo dichiarato è una media ponderata di più operazioni, con prezzi compresi tra 22,435 $ e 22,545 $, e offrono la scomposizione per singolo prezzo su richiesta. Il documento corregge inoltre un precedente errore di calcolo: 12.570 azioni sono state riaddebitate al totale della proprietà per rettificare una sottostima derivante da un Modulo 4 emendato presentato il 24 maggio 2023. Il Modulo 4 è stato firmato da un procuratore il 26/08/2025 a nome della persona comunicante.

David T. Popwell, ejecutivo sénior de First Horizon Corporation (FHN), vendió 100.000 acciones del capital social del emisor el 22/08/2025 a un precio medio ponderado de 22,4952 $ por acción. Tras la venta, la presentación informa de 462.581 acciones de propiedad directa y 3.159 acciones en posesión indirecta a través de un plan 401(k). Las notas indican que el precio informado es un promedio ponderado de varias operaciones que oscilaron entre 22,435 $ y 22,545 $ y ofrecen proporcionar el desglose por precio si se solicita. El formulario también corrige un error de cálculo previo: se sumaron 12.570 acciones al total de propiedad para rectificar una subestimación originada en un Formulario 4 enmendado presentado el 24 de mayo de 2023. El Formulario 4 fue firmado por un apoderado el 26/08/2025 en nombre de la persona que informa.

First Horizon Corporation(FHN)의 고위 임원 David T. Popwell은 2025년 8월 22일 발행회사의 보통주 100,000주를 주당 가중평균가격 22.4952달러에 매도했습니다. 매도 후 제출서류는 직접 보유한 462,581주와 401(k) 플랜을 통해 간접 보유한 3,159주를 보고했습니다. 각주에는 보고된 가격이 여러 거래의 가중평균이며 거래 가격대는 22.435달러에서 22.545달러였고, 요청 시 개별 가격별 내역을 제공하겠다고 명시되어 있습니다. 또한 이 제출서류는 이전의 계산 오류를 정정하는데, 2023년 5월 24일 수정된 Form 4에서 발생한 과소계상분을 바로잡기 위해 소유총계에 12,570주가 다시 더해졌습니다. 해당 Form 4는 2025년 8월 26일 대리인이 보고자 명의로 서명했습니다.

David T. Popwell, cadre supérieur de First Horizon Corporation (FHN), a vendu 100 000 actions ordinaires de l'émetteur le 22/08/2025 au prix moyen pondéré de 22,4952 $ par action. Après la vente, le dépôt indique 462 581 actions détenues directement et 3 159 actions détenues indirectement via un plan 401(k). Les notes précisent que le prix déclaré est une moyenne pondérée de plusieurs transactions, dont les prix allaient de 22,435 $ à 22,545 $, et proposent de fournir le détail par prix sur demande. Le dépôt corrige également une erreur de calcul antérieure : 12 570 actions ont été réintégrées au total de détention pour rectifier une sous-estimation issue d'un formulaire 4 amendé déposé le 24 mai 2023. Le formulaire 4 a été signé par un mandataire le 26/08/2025 au nom de la personne déclarante.

David T. Popwell, ein leitender Angestellter der First Horizon Corporation (FHN), verkaufte am 22.08.2025 100.000 Aktien des Emittenten zu einem gewichteten Durchschnittspreis von 22,4952 $ je Aktie. Nach dem Verkauf meldet die Einreichung 462.581 Aktien, die direkt gehalten werden, und 3.159 Aktien, die indirekt über einen 401(k)-Plan gehalten werden. Die Fußnoten erläutern, dass der gemeldete Preis ein gewichteter Durchschnitt mehrerer Transaktionen ist, die zwischen 22,435 $ und 22,545 $ lagen, und bieten auf Anfrage eine Aufschlüsselung nach Einzelpreisen an. Die Einreichung korrigiert außerdem einen früheren Rechenfehler: 12.570 Aktien wurden dem Eigentumstotal wieder hinzugefügt, um eine Unterschätzung zu berichtigen, die aus einem am 24. Mai 2023 eingereichten geänderten Form 4 resultierte. Das Form 4 wurde am 26.08.2025 von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

Positive
  • Transparent correction of a prior computational error adding back 12,570 shares to previously understated holdings
  • Detailed price information provided as a weighted-average with a disclosed trade price range and offer to supply per-trade breakdown
Negative
  • Insider disposal of 100,000 shares reduces a senior executive's direct holdings to 462,581 shares
  • Prior administrative error caused multiple past filings to understate beneficial ownership until corrected

Insights

TL;DR: Routine insider sale; size is notable but disclosed; prior computational correction increases reported holdings.

The sale of 100,000 shares is a clear disposal by a senior executive that reduces direct ownership to 462,581 shares. The filing provides a weighted-average sale price ($22.4952) and a price range ($22.435–$22.545), which allows readers to infer realized proceeds approximately in the range of $2.24 million, though the filing does not state gross proceeds explicitly. The correction adding 12,570 shares to previously reported holdings improves accuracy of historical disclosures. From an analytical perspective, this transaction is material to monitoring insider activity but, on its own, is neutral regarding company fundamentals because the filing contains no information about reasons for the sale or company performance.

TL;DR: Disclosure follows Form 4 requirements and includes an explicit correction, reflecting adherence to reporting standards.

The Form 4 properly reports the disposition, includes a weighted-average price with an offer to provide per-trade details, and documents a prior computational error that understated holdings by 12,570 shares. The inclusion of the correction enhances transparency and helps restore accuracy to prior filings. The filing was executed by an attorney-in-fact and dated, meeting procedural norms. There is no statement of a Rule 10b5-1 plan or other covering plan, so the sale appears to be a standard reported disposal rather than a planned automatic sale.

David T. Popwell, dirigente senior di First Horizon Corporation (FHN), ha venduto 100.000 azioni del capitale sociale dell'emittente il 22/08/2025 a un prezzo medio ponderato di 22,4952 $ per azione. Dopo la vendita, la comunicazione riporta 462.581 azioni possedute direttamente e 3.159 azioni detenute indirettamente tramite un piano 401(k). Le note chiariscono che il prezzo dichiarato è una media ponderata di più operazioni, con prezzi compresi tra 22,435 $ e 22,545 $, e offrono la scomposizione per singolo prezzo su richiesta. Il documento corregge inoltre un precedente errore di calcolo: 12.570 azioni sono state riaddebitate al totale della proprietà per rettificare una sottostima derivante da un Modulo 4 emendato presentato il 24 maggio 2023. Il Modulo 4 è stato firmato da un procuratore il 26/08/2025 a nome della persona comunicante.

David T. Popwell, ejecutivo sénior de First Horizon Corporation (FHN), vendió 100.000 acciones del capital social del emisor el 22/08/2025 a un precio medio ponderado de 22,4952 $ por acción. Tras la venta, la presentación informa de 462.581 acciones de propiedad directa y 3.159 acciones en posesión indirecta a través de un plan 401(k). Las notas indican que el precio informado es un promedio ponderado de varias operaciones que oscilaron entre 22,435 $ y 22,545 $ y ofrecen proporcionar el desglose por precio si se solicita. El formulario también corrige un error de cálculo previo: se sumaron 12.570 acciones al total de propiedad para rectificar una subestimación originada en un Formulario 4 enmendado presentado el 24 de mayo de 2023. El Formulario 4 fue firmado por un apoderado el 26/08/2025 en nombre de la persona que informa.

First Horizon Corporation(FHN)의 고위 임원 David T. Popwell은 2025년 8월 22일 발행회사의 보통주 100,000주를 주당 가중평균가격 22.4952달러에 매도했습니다. 매도 후 제출서류는 직접 보유한 462,581주와 401(k) 플랜을 통해 간접 보유한 3,159주를 보고했습니다. 각주에는 보고된 가격이 여러 거래의 가중평균이며 거래 가격대는 22.435달러에서 22.545달러였고, 요청 시 개별 가격별 내역을 제공하겠다고 명시되어 있습니다. 또한 이 제출서류는 이전의 계산 오류를 정정하는데, 2023년 5월 24일 수정된 Form 4에서 발생한 과소계상분을 바로잡기 위해 소유총계에 12,570주가 다시 더해졌습니다. 해당 Form 4는 2025년 8월 26일 대리인이 보고자 명의로 서명했습니다.

David T. Popwell, cadre supérieur de First Horizon Corporation (FHN), a vendu 100 000 actions ordinaires de l'émetteur le 22/08/2025 au prix moyen pondéré de 22,4952 $ par action. Après la vente, le dépôt indique 462 581 actions détenues directement et 3 159 actions détenues indirectement via un plan 401(k). Les notes précisent que le prix déclaré est une moyenne pondérée de plusieurs transactions, dont les prix allaient de 22,435 $ à 22,545 $, et proposent de fournir le détail par prix sur demande. Le dépôt corrige également une erreur de calcul antérieure : 12 570 actions ont été réintégrées au total de détention pour rectifier une sous-estimation issue d'un formulaire 4 amendé déposé le 24 mai 2023. Le formulaire 4 a été signé par un mandataire le 26/08/2025 au nom de la personne déclarante.

David T. Popwell, ein leitender Angestellter der First Horizon Corporation (FHN), verkaufte am 22.08.2025 100.000 Aktien des Emittenten zu einem gewichteten Durchschnittspreis von 22,4952 $ je Aktie. Nach dem Verkauf meldet die Einreichung 462.581 Aktien, die direkt gehalten werden, und 3.159 Aktien, die indirekt über einen 401(k)-Plan gehalten werden. Die Fußnoten erläutern, dass der gemeldete Preis ein gewichteter Durchschnitt mehrerer Transaktionen ist, die zwischen 22,435 $ und 22,545 $ lagen, und bieten auf Anfrage eine Aufschlüsselung nach Einzelpreisen an. Die Einreichung korrigiert außerdem einen früheren Rechenfehler: 12.570 Aktien wurden dem Eigentumstotal wieder hinzugefügt, um eine Unterschätzung zu berichtigen, die aus einem am 24. Mai 2023 eingereichten geänderten Form 4 resultierte. Das Form 4 wurde am 26.08.2025 von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

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*
POPWELL DAVID T

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP Sr Strategic Executive
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
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 08/22/2025 S 100,000 D $22.4952(1) 462,581(2) D
Common Stock 3,159 I 401(k)
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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.435 to $22.545, inclusive. The reporting person undertakes to provide to First Horizon Corporation, any security holder of First Horizon Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges referenced in this footnote.
2. The amount of shares was increased by 12,570 to correct a computational error that first appeared in an Amendment to Form 4 filed on May 24, 2023 (the "Amendment to Form 4"). The Amendment to Form 4 reported an administrative error in computing the number of shares withheld to pay withholding taxes, but the Column 5 amount on the Amendment to Form 4 was computed without first adding back the incorrect number of withheld shares (12,570) reported on the original Form 4, filed on May 15, 2023. As a result, the Amendment to Form 4, as filed on May 24, 2023, and all subsequent Form 4s filed through July 23, 2025, understated the Column 5 amount by 12,570 shares.
/s/ Peter V. Letsou, attorney-in-fact 08/26/2025
** 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

What did First Horizon (FHN) insider David T. Popwell do on 08/22/2025?

He sold 100,000 shares of First Horizon common stock on 08/22/2025 at a weighted-average price of $22.4952 per share.

How many First Horizon shares does David T. Popwell own after the reported transaction?

The filing reports 462,581 shares beneficially owned directly and 3,159 shares held indirectly through a 401(k) plan after the transaction.

Why does the Form 4 adjust Popwell’s ownership by 12,570 shares?

The filing states a prior administrative error in withholding-share calculations led to an understatement; 12,570 shares were added back to correct that error originating in an amended Form 4 filed May 24, 2023.

What price range did the sale trades occur at?

The footnote discloses the sale occurred in multiple trades with prices ranging from $22.435 to $22.545 per share.

Was the Form 4 signed and when?

Yes; the Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 08/26/2025.
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