Form 4: Director Michael Moehn Receives First Horizon Stock Grant
Director Equity Grant
First Horizon Corp director Michael L. Moehn acquired 5,913 shares of common stock via a restricted stock unit grant.
Summary
- Director Michael L. Moehn was granted 5,913 restricted stock units (RSUs) on May 5, 2026.
- The shares were acquired at a price of $0 per share as part of a compensation grant.
- Following this transaction, the director's total beneficial ownership of First Horizon Corp common stock increased to 10,714 shares.
- The granted units are scheduled to vest on April 22, 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing 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
- Market volatility affecting the future value of the vested equity.
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 standard corporate governance practices designed to align board incentives 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.
- 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 5,913 restricted stock units on April 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/05/2026 | Date of the restricted stock unit grant transaction. |
| 05/06/2026 | Date the Form 4 was filed with the SEC. |
| 04/22/2027 | Vesting date for the granted restricted stock units. |
Keywords
First Horizon Corp, FHN, Insider Trading, Form 4, Director Compensation, Equity Grant
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