Form 4: Director Cecelia D. Stewart Receives FHN Stock Grant

First Horizon Corp director Cecelia D. Stewart acquired 5,913 shares of common stock via a restricted stock unit grant.

Summary

• Director Cecelia D. Stewart was granted 5,913 restricted stock units (RSUs) on May 5, 2026.
• The transaction was valued at $0 per share as part of an equity compensation grant.
• Following this transaction, the director's total beneficial ownership in First Horizon Corp stands at 88,772 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Increased equity alignment between the director and shareholders.
• The grant reflects long-term commitment to the company through the vesting schedule.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest on April 22, 2027, subject to continued service.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member interests with long-term shareholder value in the regional banking sector.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard executive and director compensation packages among U.S. regional banks like Regions Financial or Fifth Third Bancorp.
• The vesting period of approximately one year is typical for annual director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director compensation.

Next Steps

• Vesting of the 5,913 restricted stock units on April 22, 2027.

Key Dates

Keywords

First Horizon Corp, FHN, Insider Trading, Form 4, Director Compensation, Equity Grant