Form 4: Director Jeffrey Brown Receives First Horizon Stock Grant

First Horizon Corp director Jeffrey Brown acquired 12,030 shares of common stock via a restricted stock unit grant.

Summary

• Director Jeffrey Jonathan Brown was granted 12,030 restricted stock units (RSUs) of First Horizon Corp common stock.
• The transaction occurred on May 5, 2026.
• Following this grant, the director's total beneficial ownership increased to 32,427 shares.
• The shares were acquired at a price of $0, representing an equity compensation grant.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on the company's financial outlook.

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.

Risks

• Standard market risks associated with equity ownership in the banking sector.

Future Outlook

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

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term performance and align board interests with those of common shareholders.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard executive and director compensation packages among regional U.S. banking institutions.
• The vesting period of approximately one year is typical for annual director equity awards.

Stakeholder Impact

• Positive alignment of director incentives with shareholder interests.

Next Steps

• Vesting of the 12,030 restricted stock units on April 22, 2027.

Key Dates

Keywords

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