Form 4: Director Ricky E. Maples Receives FHN Stock Grant

First Horizon Corp director Ricky E. Maples acquired 12,030 restricted stock units as part of a standard equity grant.

Summary

• Director Ricky E. Maples was granted 12,030 restricted stock units (RSUs) of First Horizon Corp (FHN) common stock.
• The transaction occurred on May 5, 2026, at a price of $0 per share, representing a standard equity compensation grant.
• Following this transaction, the director's direct beneficial ownership increased to 130,835 shares.
• The director maintains an additional 5,000 shares held indirectly through an IRA.

Sentiment

Score: 5

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

Positives

• The grant aligns the director's interests with those of shareholders through increased equity ownership.

Negatives

• None identified; this is a routine disclosure of director compensation.

Risks

• None identified; this is a standard regulatory filing regarding insider holdings.

Future Outlook

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

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices in the banking sector, intended 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 regional banks like First Horizon Corp.
• The vesting period of approximately one year is typical for annual director equity awards.

Stakeholder Impact

• Shareholders may view the increased equity stake of a director as a positive sign of confidence in the company's long-term performance.

Next Steps

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

Key Dates

Keywords

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