Form 4: First Horizon CFO Reports Routine Stock Withholding

First Horizon's Senior EVP & CFO, Hope Dmuchowski, reported the disposition of 5,752 shares of common stock to cover tax obligations related to a restricted stock unit vesting.

Summary

• Hope Dmuchowski, Senior EVP & CFO of FIRST HORIZON CORP (FHN), reported a transaction involving the company's common stock.
• The transaction occurred on March 2, 2026, and involved the disposition of 5,752 shares.
• The shares were disposed of at a price of $24.16 per share.
• This disposition was a mandatory withholding of shares to pay withholding taxes associated with the vesting of a previously granted restricted stock unit award.
• Following this transaction, Hope Dmuchowski beneficially owns 165,226 shares of First Horizon common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine, non-discretionary transaction related to executive compensation and tax obligations, carrying no inherent positive or negative implications for the company's operational or financial health.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that mandatory share withholdings for tax purposes upon the vesting of restricted stock units are a standard and routine practice in executive compensation across the financial services industry. This type of transaction is not indicative of discretionary selling by an insider.

Comparison to Industry Standards

• This transaction aligns with common practices for executive compensation and tax management within the U.S. banking sector, where restricted stock units are a prevalent form of equity incentive.
• Similar tax-related dispositions are frequently observed among executives at peer institutions like Truist Financial Corporation (TFC) or Regions Financial Corporation (RF) when their equity awards vest.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or a strategic shift.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

First Horizon, FHN, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, Executive Compensation, Hope Dmuchowski