Form 4: Director James Michael Kemp Receives FHN Stock Grant

First Horizon Corp director James Michael Kemp acquired 9,991 restricted stock units as part of an equity grant.

Summary

• Director James Michael Kemp was granted 9,991 restricted stock units (RSUs) of First Horizon Corp (FHN) common stock.
• The transaction occurred on May 5, 2026.
• Following this grant, the director's total beneficial ownership of common stock increased to 70,682 shares.
• The RSUs are scheduled to vest on April 22, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board.

Negatives

• None identified; this is a standard equity compensation disclosure.

Risks

• None identified; this is a standard equity compensation disclosure.

Future Outlook

The restricted stock units are set to vest on April 22, 2027, subject to the terms of the grant.

Industry Context

StockSavvy.ai notes that equity grants to directors are a standard corporate governance practice in the banking sector to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard executive and director compensation packages at major regional banks like First Horizon Corp.
• The vesting period of approximately one year is typical for annual director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Vesting of the 9,991 restricted stock units on April 22, 2027.

Key Dates

Keywords

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